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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Technology in a Digital World | 30% | - Digital technologies and data
|
| Data and Information in a Digital World | 20% | - Data-driven decision making
|
| Shape and Structure of the Finance Function | 20% | - Finance operating models
|
| Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
CIMA Managing Finance in a Digital World Sample Questions:
Arrange the stages of the product life-cycle in the correct order.
Correct Answer:
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 development
- C. Market penetration
- D. Product development
Correct Answer: B 🗳️
Following scandals such as Enron and legislation such as Sarbannes-Oxley in the US, the emphasis of the finance function of many entities has changed. This has led to which of the following?
Correct Answer:
AB Company is planning to implement a new IT system. The existing system runs all of the financial ledgers and is key to the running of the whole organisation. Which of the following will NOT be a suitable method for the changover of the system?
- A. Pilot changeover
- B. Direct changeover
- C. Phased changeover
- D. Parallel changeover
Correct Answer: B 🗳️
JKL is an online marketing agency and is currently developing its systems to improve efficiency in storing and retrieving data P works in the finance function and is currently assisting the development of a technical map of rules and data structures to enable the data to be stored effectively in JKL's new databases.
At what level of the data modelling process is P working on?
- A. Logical
- B. Visual
- C. Physical
- D. Conceptual
Correct Answer: D 🗳️
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