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CIMA Managing Finance in a Digital World : E1

E1
  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
  • Updated: Aug 17, 2026
  • Q & A: 335 Questions and Answers
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CIMA E1 Exam Syllabus Topics:

SectionWeightObjectives
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
Data and Information in a Digital World20%- Data-driven decision making
  • 1. Data visualization and reporting
  • 2. Information quality and ethics
  • 3. Data collection and management
Technology in a Digital World30%- Digital technologies and data
  • 1. Cloud computing and automation
  • 2. Data lifecycle and governance
  • 3. Cybersecurity fundamentals
  • 4. Artificial intelligence and analytics
Shape and Structure of the Finance Function20%- Finance operating models
  • 1. Governance, risk and control
  • 2. Organizational structures
  • 3. Shared services and outsourcing

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following are advantages of outsourcing finance? Select ALL that apply.

A) The external organisation/individual has an increased understanding of the outsourcing business.
B) Increased confidentiality.
C) Internal expertise is improved.
D) Allows the organisation's management to focus on its core operations and core issues.
E) Level of independence is increased.
F) There is a known fee if agreed in advance.
G) Increased control.
H) Can help to keep costs down and improve quality.


2. A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.
Which element of the HR cycle is described above?

A) Acquisition
B) Maintenance
C) Development
D) Separation


3. Company P has revised its corporate and marketing objectives following a recent expansion in the primary market within which it operates. The next step is to devise an appropriate marketing strategy. Company P has conducted primary and secondary market research and this information is in the process of being analysed to establish the needs of the subjects. At which stage of the marketing strategy process is Company P?

A) Positioning
B) Targeting
C) Segmentation
D) Marketing mix


4. Which of the following organisations would best describe a 'professional bureaucracy'?

A) A manufacturing company
B) A newsagent
C) A hospital
D) A project based company


5. Which of the following are measures a business might introduce specifically as part of its Corporate Social Responsibility (CSR) strategy?
Select ALL that apply.

A) Reducing the range of different products it makes
B) Using different waste bins for recycling and non-recycling
C) Negotiating with a supplier to keep costs to a minimum
D) Commissioning a report on carbon dioxide (CO2) emissions from its factories


Solutions:

Question # 1
Answer: D,F,H
Question # 2
Answer: C
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: B,D

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