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CIMA E1 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Finance Function in a Digital Environment | - Role of finance professionals in digital organisations - Automation and digital finance processes |
| The Digital World and Business Environment | - Impact of digital technologies on organisations - Digital transformation in finance and business models |
| Information Systems and Technology | - Enterprise systems and financial information systems - Cybersecurity and data governance basics |
| 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:
JKL is a rapidly growing supermarket chain and is considering merging with a smaller competitor to continue its expansion plans T works within the finance department and is assisting in the decision making process by preparing summary reports concerning the merger.
What level of decision making is T supporting?
- A. Strategic
- B. Operational
- C. Tactical
- D. Transactional
Which of the following is a disadvantage of outsourcing?
- A. It can save on costs by making use of a supplier's economies of scale.
- B. Access to specialist knowledge is made possible.
- C. Transaction costs will arise as a consequence of the outsourcing agreement.
- D. Outsourcing can remove uncertainty about cost.
A main stakeholder of the finance function would typically provide feedback on the clarity and value of information used: in order to make better strategic decisions.
Which of the following would give this feedback?
- A. Production
- B. Shareholders
- C. Directors
- D. Human Resources
When testing an information system before it goes live, using contrived testing will present the system with which type of data and transactions?
- A. Routine mix of data and transactions
- B. Large volumes of data and transactions
- C. Realistic data and transactions
- D. Unusual and unexpected data and transactions
Offshoring may be successful when which of the following applies?
- A. There are fewer cultural differences
- B. There are high task complexities
- C. There are low transaction volumes
- D. There are high cost transactions
