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Last Updated: Sep 30, 2026

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CIMA E1 Practice Q&A's

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CIMA E1 Exam Syllabus Topics:

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

CIMA Managing Finance in a Digital World Sample Questions:

Question #1

A few years have passed since tech company NVision launched their new games console, Superbox. The product was once a star, with high, rising sales, but it is now selling quite poorly. In fact, it's selling so poorly that NVision are no longer making a return on the product.
Which of the following strategies would be the BEST for NVision to implement?

  • A. Pull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.
  • B. Keep costs low and continue to sell the console.
  • C. Develop the product for a specific market segment who continue to have a need for it - this will allow NVision to sell the product at a higher price.
  • D. Allow the product to follow its natural life-cycle.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

Which of the following is an example of a formal relationship in which two organisations legally contract to co-operate in defined ways to achieve specific commercial objectives?

  • A. Strategic Alliance
  • B. Outsourcing
  • C. Merger
  • D. Shared Service Centre
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

Which of the following would be a useful KPI to highlight increasing recruitment costs?

  • A. Reportable health and safety incidents.
  • B. Ratio of employee costs to turnover
  • C. Employee retention rate.
  • D. Training spend per employee.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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. Encouraging all his staff to try to build a rapport with the customers.
  • B. Placing an empty guitar rack outside his shop with a sign saying, "Free air guitar - one per person."
  • C. Encouraging customers to try one of the store's brand new guitars.
  • D. Launching a social media campaign called #GetDownTo]ones's
  • E. Spending a lot of money on decorating the shop and playing the most famous guitar-based songs.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

When considering companies which focus on more than just commercial issues, which TWO of the following would be associated as a key element of a corporate social responsibility (CSR) strategy?

  • A. Sales volume
  • B. Ethical
  • C. Profitability
  • D. Community
  • E. Share price
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

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