• Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
  • Certification Provider: CIMA
  • Corresponding Certification:CIMA Certification
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CIMA E1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Technology in a Digital World30%- Digital technologies and data
  • 1. Cloud computing and automation
  • 2. Data lifecycle and governance
  • 3. Artificial intelligence and analytics
  • 4. Cybersecurity fundamentals
Topic 2: Shape and Structure of the Finance Function20%- Finance operating models
  • 1. Governance, risk and control
  • 2. Organizational structures
  • 3. Shared services and outsourcing
Topic 3: Role of the Finance Function30%- Purpose and activities of the finance function
  • 1. Finance business partnering
  • 2. Impact of digital technologies on finance
  • 3. Role of finance within organizations
Topic 4: Data and Information in a Digital World20%- Data-driven decision making
  • 1. Information quality and ethics
  • 2. Data collection and management
  • 3. Data visualization and reporting

CIMA Managing Finance in a Digital World Sample Questions:

Clear career promotion and progression ladders are most obvious under which type of organisational structure?

  • A. Horizontal
  • B. Virtual
  • C. Vertical
  • D. Networked
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Which of the following best describes the 'passive stage' of purchasing?

  • A. Purchasing has no strategic direction
  • B. Purchasing is concentrated on price negotiation
  • C. Purchasing is independent of corporate strategy
  • D. Purchasing integrates latest practices and technology
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Which of the following best describes a virtual team formed by individuals from different companies to achieve a common aim?

  • A. Extended supply chain
  • B. Matrix-structure organisation
  • C. Inter-organisation
  • D. Functional
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Company Q has several layers of management. The Chief Executive Officer (CEO) wishes to remove some of these layers to streamline the organisation and increase efficiencies. The initial plan is for third party contractors to take over support activities. What change in the organisation is the CEO making?

  • A. Vertical expansion
  • B. Outsourcing
  • C. Horizontal expansion
  • D. Alliance agreement
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Which of the following is a disadvantage of virtual operations?

  • A. Reduced investment in assets
  • B. Flexibility and speed of operations
  • C. The suppliers/resources may also be available to rival operations
  • D. Possible linkages in the value chain
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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