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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data and Information in a Digital World | 20% | - Data-driven decision making
|
| Topic 2: Technology in a Digital World | 30% | - Digital technologies and data
|
| Topic 3: Shape and Structure of the Finance Function | 20% | - Finance operating models
|
| Topic 4: Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
CIMA Managing Finance in a Digital World Sample Questions:
A Company is considering to outsource its accounts payable According to the transaction cost theory of Williamson and Coase, which of the following involve activities and costs associated with policing and enforcing the agreement with the service provider?
- A. Determining which supplier is the cheapest.
- B. Monitoring asset purchases associated with the agreement
- C. Ensunri9lne outsourcer maintains the agreed service level.
- D. Agreeing an acceptable service level agreement.
Correct Answer: D 🗳️
XYT company is planning to update its IT and have asked the finance function to assist by establishing suitable key performance indicators (KP1). Which of the following is an example of a suitable KPI for strategic activities'?
- A. IT function as an 'enabling' factor in the market place
- B. IT utilisation
- C. Ticket response rates for IT issues sent to IT support
- D. IT spend per employee
Correct Answer: C 🗳️
Which of the following is an advantage of outsourcing?
- A. Data confidentiality is stengthened
- B. Core competence may be strengthened
- C. Continuity is guaranteed
- D. Cost savings may be made
Correct Answer: D 🗳️
Mita has set up a number of food shops and spends a lot of her time finding suitable staff Her key strength is going to farmers' wholesale markets and selecting her suppliers She also carries out all the accounting functions and maintains the shops by acting as her own caretaker, carrying out repairs and maintenance at the weekends Which aspect of the work would Mita be LEAST LIKELY to outsource?
- A. Accounting
- B. Repairs and maintenance
- C. Sourcing the suppliers
- D. Human resources
Correct Answer: C 🗳️
A few years have passed since tech company NVision launched their new games console, Superbox. The product was once a star, with high, rising sales, but it is now selling quite poorly. In fact, it's selling so poorly that NVision are no longer making a return on the product.
Which of the following strategies would be the BEST for NVision to implement?
- A. Keep costs low and continue to sell the console.
- B. Allow the product to follow its natural life-cycle.
- C. Develop the product for a specific market segment who continue to have a need for it - this will allow NVision to sell the product at a higher price.
- D. Pull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.
Correct Answer: D 🗳️



