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CIMA E1 Exam Syllabus Topics:

SectionObjectives
The Digital World and Business Environment- Impact of digital technologies on organisations
- Digital transformation in finance and business models
Information Systems and Technology- Cybersecurity and data governance basics
- Enterprise systems and financial information systems
Finance Function in a Digital Environment- Automation and digital finance processes
- Role of finance professionals in digital organisations
Data and Information in Organisations- Data analytics and decision-making support
- Data collection, management, and quality

CIMA Managing Finance in a Digital World Sample Questions:

1. When using an integrated reporting approach a supermarket will include which THREE of the following in the organisation's annual financial statements?

A) Statement of remuneration of all employees
B) Statement of cash flows
C) Statement of financial position
D) Statement of the number accidents occurring
E) Statement of risks facing the organisation


2. Which one of the following is NOT part of the role of Human Resource Management?

A) Being concerned with operational and strategic people issues.
B) Regarding the line manager's role as transactional with an emphasis on negotiation.
C) Recognising employees are motivated by consent and involvement.
D) Viewing employees as assets of the organisation.


3. Which of the following is NOT a feature of a knowledge management system specific to a particular organisation?

A) The intranet
B) A wide area network
C) A local area network
D) The internet


4. Which of the following is NOT an element of the system development life cycle?

A) Planning
B) Analysis
C) Implementation
D) Review


5. A few years have passed since tech company NVision launched their new games console, Superbox. The product was once a star, with high, rising sales, but it is now selling quite poorly. In fact, it's selling so poorly that NVision are no longer making a return on the product.
Which of the following strategies would be the BEST for NVision to implement?

A) Allow the product to follow its natural life-cycle.
B) Pull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.
C) Develop the product for a specific market segment who continue to have a need for it - this will allow NVision to sell the product at a higher price.
D) Keep costs low and continue to sell the console.


Solutions:

Question # 1
Answer: B,C,E
Question # 2
Answer: B
Question # 3
Answer: D
Question # 4
Answer: D
Question # 5
Answer: B

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