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| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
| Exam Name: | Managing Finance in a Digital World |
| Exam Number: | E1 |
| Passing Score: | Scaled score of 100 out of 150 |
| Available Languages: | English |
| Exam Format: | Computer-based Objective Test, Multiple Choice, Multiple Response, Number Entry, Drag and Drop |
| Exam Duration: | 90 minutes |
| Related Certifications: | CIMA F1 Financial Reporting CIMA P1 Management Accounting CIMA OCS Operational Case Study |
| Real Exam Qty: | 60 |
| Sample Questions: | CIMA E1 Sample Questions |
| Exam Way: | Computer-based exam delivered through Pearson VUE test centers and online proctoring |
| Pre Condition: | Completion of CIMA Certificate in Business Accounting (Cert BA) or equivalent knowledge recommended |
| Official Syllabus URL: | https://hub.cimaglobal.com/proqual/2019/operational/E1 |
| Section | Weight | Objectives |
|---|---|---|
| Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
| 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
|
1. General Data Protection Regulation (GDPR) was introduced throughout the EU in 2018. The legislation details several principles about data and the requirement for data controllers.
Which of the following best describes the role of data controllers?
A) Data controllers must ensure that the system runs effectively
B) Data controllers must ensure that data is kepi up-to-date
C) Data controllers must ensure adequate safeguards and controls
D) Data controllers must ensure that ethical systems are in place
2. Which THREE of the following areas would be improved by an organisation using a Customer Relationship Management (CRM) system?
A) Budgeting
B) Customer service
C) Inventory management
D) Marketing
E) Operations
F) Sales
3. A PESTEL analysis (political, economic, social, technological, ecological and legal) is used by marketing to monitor its macro environment. Select THREE examples of economic factors
A) Interest rates
B) The rate of inflation
C) Social mobility
D) Consumers' propensity to save
E) New ways of distribution
F) The introduction of new legislation relating to business tax
4. There are four stages of development of supply chain management, according to Reck and Long's strategic positioning tool. Which stage of this model does the following description identify?
Emphasis is on better co-ordination between departments and suppliers involving timely communication about changes in price and availability of materials.
A) The passive stage
B) The supportive stage
C) The independent stage
D) The integrative stage
5. Introducing The Finance Function of PRS Company have been working with the Human enable which of the following business advantages'?
A) An increase in relationship management
B) An increase in competences
C) An increase in training
D) An increase in value adding activities
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B,D,F | Question # 3 Answer: A,B,D | Question # 4 Answer: B | Question # 5 Answer: D |
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