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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
| Data and Information in a Digital World | 20% | - Data-driven decision making
|
| Technology in a Digital World | 30% | - Digital technologies and data
|
| Shape and Structure of the Finance Function | 20% | - Finance operating models
|
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 |



