CIMA E1 : Managing Finance in a Digital World

E1 real exams

Exam Code: E1

Exam Name: Managing Finance in a Digital World

Updated: Sep 05, 2026

Q & A: 335 Questions and Answers

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CIMA E1 Exam Syllabus Topics:

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

CIMA Managing Finance in a Digital World Sample Questions:

Question 1

MN College (limited by guarantee) aims to ensure that each student achieves their qualification and gains employment. Which THREE of the following are suitable measures of performance for MN College?

A. Effectiveness
B. Number of lecturers.
C. Economic
D. Enhanced
E. Number of students
F. Efficiency


Question 2

Which of the following is one of the five key areas of an effective approach to corporate digital responsibility (CDS)?

A. Digital protection
B. Digital mindset
C. Digital stewardship
D Digital sustainability


Question 3

Mitch owns a small furniture business, which he is keen to grow.
Which of the following would MOST benefit the growth of Mitch's business:

A. Outsourcing all complementary and residual competencies.
B. Becoming a network organisation.
C. Reducing the price of all products by a third.
D. Forming an alliance with a local supplier.
E. Becoming a shamrock organisation.


Question 4

Tom owns a guitar shop, called Jones's Guitars. In attempt to drum up business, he's decided to launch a guerilla marketing campaign.
Which of the following is the correct example of Tom using guerilla marketing?

A. Spending a lot of money on decorating the shop and playing the most famous guitar-based songs.
B. Encouraging all his staff to try to build a rapport with the customers.
C. Encouraging customers to try one of the store's brand new guitars.
D. Placing an empty guitar rack outside his shop with a sign saying, "Free air guitar - one per person."
E. Launching a social media campaign called #GetDownTo]ones's


Question 5

Which of the following statements is correct in relation to a tall organisation?

A. It has many levels of management and therefore a narrow span of control.
B. It has many levels of management and therefore a wide span of control.
C. It has only a few 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.


Solutions:

Question 1
Answer: A,C,F
Question 2
Answer: C
Question 3
Answer: D
Question 4
Answer: D
Question 5
Answer: A

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