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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. A company sells double glazed windows. It has traditionally adopted a sales orientation and used aggressive direct selling techniques. As part of a new initiative, it is exploring its options to update its business philosophy.
Which of the following would be the most effective orientation for this business?

A) Marketing orientation
B) Selling orientation
C) Product orientation
D) Production orientation

2. N is working on a project management team for the first time and is aware that there are distinct stages that follow on consecutively in the project management process However, N is unsure of the exact order of these stages Which of the following indicate the project management stages in the correct order?

A) Planning initiation, executing, controlling, review and close
B) Planning, initiation, controlling, executing, review and close
C) Initiation. planning, controlling, executing, review and close
D) Initiation, planning, executing, controlling, review and close.

3. The finance function has an important role in the management of performance and the achievement of the organization's plans and budgets.
Which of the key roles of the finance function does this best describe?

A) Shapes
B) Narrates
C) Reports
D) Enables

4. An organisation has grown in size over the last 6 months and it wishes to improve communication with its employees. Examples of information to share include company policies, human resource information and notices to employees.
Which type of system should the company adopt?

A) Internet
B) Extranet
C) Video conferencing
D) Intranet

5. The Finance function of XZY company, which is based in the UK. are planning how they can minimise the corporation tax costs Which of the following is correct?

A) Tax avoidance aims to reduce the amount of tax payable and is illegal
B) Tax avoidance operates within the spirit of the law.
C) Tax avoidance is the same as tax mitigation
D) Tax avoidance aims to reduce the amount of tax payable and is legal

Solutions: