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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Technology in a Digital World | 20% | - Digital transformation and adoption - Emerging technologies and risks - Digital technologies: cloud, AI, automation, analytics - Impact of technology on finance processes |
| Role of the Finance Function | 20% | - Purpose and value creation - Evolution of the finance function - Stewardship, governance and ethics - Decision support and business partnering |
| Data and Information in a Digital World | 20% | - Data analysis and interpretation - Data characteristics, quality and governance - Security, privacy and compliance - Information systems and reporting |
| Shape and Structure of the Finance Function | 20% | - Roles, skills and competencies - Centralised vs decentralised finance - Shared services and outsourcing - Organisational structures and models |
| Finance Interacting with the Organisation | 20% | - Supporting functional and strategic goals - Communication and influencing skills - Relationship with operations, sales and HR - Cross-functional collaboration |
CIMA Managing Finance in a Digital World Sample Questions:
Which of the following statements is correct in relation to a tall organisation?
- A. It has many levels of management and therefore a wide span of control.
- B. It has only a few levels of management and therefore a narrow span of control.
- C. It has many levels of management and therefore a narrow span of control.
- D. It has only a few levels of management and therefore a wide span of control.
Correct Answer: C 🗳️
With the use of increasingly sophisticated systems and improved communications, the focus of the accountant's role has changed in recent years to which of the following?
- A. Variance reporting
- B. Statutory reporting
- C. Business support
- D. Treasury management
Correct Answer: C 🗳️
XY is a small software development company. Which of the following are most likely to assist the organisation in facilitating innovation?
Select ALL that apply.
- A. Organisational structure
- B. The organisational targets
- C. The budgeting processes
- D. Leadership of the organisation
- E. The planning processes
- F. Organisational culture
Correct Answer: A,D,F 🗳️
Company V has traditionally sold children's toys from retail outlets. It is now exploring online retailing, or e-commerce, to expand its customer base. Which channel of distribution is Company V expanding into?
- A. Level two channel
- B. Level one channel
- C. Level zero channel
- D. Multiple level channel
Correct Answer: C 🗳️
Which THREE of the following features are likely to indicate that an organisation is following the marketing concept as a business philosophy?
- A. Imaginative promotional campaigns
- B. Customer satisfaction surveys
- C. Competitive pricing policies
- D. Marketing as a management process
- E. Production cost controls and regular process reviews
- F. Market research
Correct Answer: B,D,F 🗳️
