Exam Name: Managing Finance in a Digital World
Certification Provider: CIMA
Corresponding Certification: CIMA Certification
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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
| Topic 2: Shape and Structure of the Finance Function | 20% | - Finance operating models
|
| Topic 3: Technology in a Digital World | 30% | - Digital technologies and data
|
| Topic 4: Data and Information in a Digital World | 20% | - Data-driven decision making
|
CIMA Managing Finance in a Digital World Sample Questions:
Which of the following does the Data Protection Act 1998 attempt to protect?
- A. The directors
- B. The individual
- C. The shareholders
- D. The employee
Correct Answer: B 🗳️
According to Ansoff, which of the following marketing strategies should be adopted when introducing an existing product to a new market?
- A. Diversification
- B. Market penetration
- C. Market development
- D. Product development
Correct Answer: C 🗳️
A high volume operation is likely to be characterised by which of the following?
- A. High capital intensity
- B. High labour pay rates
- C. High cost inputs
- D. High labour flexibility
Correct Answer: A 🗳️
XBY has recently started making use of big data analytics to assist in producing market predictions It is using software to process large data sets by utilising multiple servers simultaneously.
Which of the following best describes the term for this software?
- A. External
- B. Remote
- C. Hadoop
- D. Visualisation
Correct Answer: C 🗳️
Company Y is very bureaucratic. The managers attend high numbers of planning meetings and the employees often complain of being micro-managed. According to Hofstede, which dimension is being described within the culture of Company Y?
- A. Power distance
- B. Long-term orientation
- C. Masculinity
- D. Uncertainty avoidance
Correct Answer: D 🗳️
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