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Last Updated: Aug 12, 2026

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CIMA E1 Exam Syllabus Topics:

SectionObjectives
Data and Information in Organisations- Data collection, management, and quality
- Data analytics and decision-making support
The Digital World and Business Environment- Digital transformation in finance and business models
- Impact of digital technologies on organisations
Information Systems and Technology- Enterprise systems and financial information systems
- Cybersecurity and data governance basics
Finance Function in a Digital Environment- Role of finance professionals in digital organisations
- Automation and digital finance processes

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following provides the best description of an intranet?

A) Employees use networked computers to access information held on a server.
B) Authorised outsiders use networked computers to access information held on a server.
C) A worldwide network of computers.
D) A collection of data organised to service many applications providing access to a wide variety of users.


2. Strategic leadership by the finance function involves so-called level 1 activities.
These activities involve which of the following?

A) Generating information for insight.
B) Achieving the desired organisational impact
C) Communicating insights to influence users
D) Providing further insights to better inform decision makers


3. Company P has had a recent IS/IT audit and weaknesses were highlighted within the privacy and security section of the report. Which TWO of the following would be classed as general controls of privacy and security?

A) Completeness checks
B) Validity checks
C) Identification and authorisation checks
D) Time lock-out function
E) Hierarchy of access


4. 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) Parallel changeover
B) Pilot changeover
C) Direct changeover
D) Phased changeover


5. Which of the following is a potential advantage of outsourcing?

A) Finality of decision
B) Reduced transaction costs
C) Reduced core competencies
D) Reduced capital expenditure


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: D,E
Question # 4
Answer: C
Question # 5
Answer: D

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