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CIMA E1 Exam Overview:
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | Managing Finance in a Digital World |
| Exam Number: | E1 |
| Available Languages: | English |
| Related Certifications: | CIMA F1 Financial Reporting CIMA OCS Operational Case Study CIMA P1 Management Accounting |
| Passing Score: | Scaled score of 100 out of 150 |
| Exam Format: | Multiple Response, Multiple Choice, Drag and Drop, Computer-based Objective Test, Number Entry |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 60 |
| Sample Questions: | CIMA E1 Sample Questions |
| Exam Way: | Computer-based exam delivered through Pearson VUE test centers and online proctoring |
| Pre Condition: | Completion of CIMA Certificate in Business Accounting (Cert BA) or equivalent knowledge recommended |
| Official Syllabus URL: | https://hub.cimaglobal.com/proqual/2019/operational/E1 |
CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Shape and Structure of the Finance Function | 20% | - Finance operating models
|
| Topic 2: Data and Information in a Digital World | 20% | - Data-driven decision making
|
| Topic 3: Technology in a Digital World | 30% | - Digital technologies and data
|
| Topic 4: Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
CIMA Managing Finance in a Digital World Sample Questions:
Question 1
Which of the following statements is correct in relation to a tall organisation?
A. It has only a few levels of management and therefore a wide span of control.
B. It has many levels of management and therefore a narrow span of control.
C. It has many levels of management and therefore a wide span of control.
D. It has only a few levels of management and therefore a narrow span of control.
Question 2
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. Business support
C. Statutory reporting
D. Treasury management
Question 3
'A mam stakeholder of the finance function typically enquires about the prospects of the business, alongside overall performance and feedback on the leadership team' Which of the following stakeholders is being discussed?'
A. SharehoWers
B. Sales
C. Production
D. Human Resources
Question 4
The finance function of an organisation supports the organisation's strategies and operations.
Which THREE of the following activities are fundamental to the role of the finance function?
A. Preparation of statutory reports
B. Supplier selection for a new raw material supplier
C. Working capital reporting and control
D. Recruitment and selection of a new financial controller
E. Customer management and after-sales support
F. Preparation of plans, forecasts and budgets
Question 5
Which of the following is a cost of information?
A. Improving pricing strategies
B. Improving product design
C. Improving system design
D. Improving marketing strategies
Solutions:
| Question 1 Answer: B | Question 2 Answer: B | Question 3 Answer: C | Question 4 Answer: A,C,F | Question 5 Answer: C |
By Hayden
