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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Role of the Finance Function | 20% | - Decision support and business partnering - Purpose and value creation - Stewardship, governance and ethics - Evolution of the finance function |
| Data and Information in a Digital World | 20% | - Data analysis and interpretation - Security, privacy and compliance - Data characteristics, quality and governance - Information systems and reporting |
| Finance Interacting with the Organisation | 20% | - Communication and influencing skills - Supporting functional and strategic goals - Relationship with operations, sales and HR - Cross-functional collaboration |
| Shape and Structure of the Finance Function | 20% | - Roles, skills and competencies - Shared services and outsourcing - Centralised vs decentralised finance - Organisational structures and models |
| Technology in a Digital World | 20% | - Emerging technologies and risks - Digital transformation and adoption - Digital technologies: cloud, AI, automation, analytics - Impact of technology on finance processes |
CIMA Managing Finance in a Digital World Sample Questions:
Which of the following specifically describes experiential marketing?
- A. Experiential marketing uses marketing techniques to maximise profits.
- B. Experiential marketing uses marketing techniques to achieve non-commercial goals.
- C. Experiential marketing uses marketing techniques to motivate employees.
- D. Experiential marketing uses marketing techniques to create an emotional connection between a person and a brand.
Correct Answer: D 🗳️
Organisation X is 6 months into an overhaul in its supply chain management and production process.
The organisation aims to prevent errors before they occur, demands participation by all, including customers and suppliers, and the structure is driven by the entire Board of Directors. Which method of management has Organisation X adopted?
- A. Quality Circles
- B. Kaizen
- C. Total Quality Management
- D. Six Sigma
Correct Answer: C 🗳️
Which of the following is an advantage of outsourcing?
- A. Data confidentiality is stengthened
- B. Cost savings may be made
- C. Core competence may be strengthened
- D. Continuity is guaranteed
Correct Answer: B 🗳️
Company V is, and has always been, very focused on the importance of stakeholders to the business.
As a well known and very popular private fee-paying school, Company V has to take on board advice, feedback, complaints and queries from a great many different stakeholders, all of which have to be prioritised according to their impact and power over the operations of the company.
Listed below are some of the stakeholders that Company V deal with on a daily basis. Categorise each of these stakeholders according to whether they are internal, connected or external stakeholders.
Correct Answer:
Which of the following is a feature of an organisation that has adopted a sales orientation?
- A. Selling at the right price.
- B. Selling in the right place
- C. Persuasive promotional policies
- D. Producing the right product
Correct Answer: C 🗳️
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