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CIMA E1 Exam Syllabus Topics:

Section	Objectives
Topic 1: The Digital World and Business Environment	- Digital transformation in finance and business models - Impact of digital technologies on organisations
Topic 2: Data and Information in Organisations	- Data analytics and decision-making support - Data collection, management, and quality
Topic 3: Finance Function in a Digital Environment	- Role of finance professionals in digital organisations - Automation and digital finance processes
Topic 4: Information Systems and Technology	- Cybersecurity and data governance basics - Enterprise systems and financial information systems

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following are advantages of a virtual team?
Select ALL that apply.

A) It is easier to establish decision making processes.
B) The costs of a central office are not needed.
C) New members can be brought in and out of the team easily.
D) Members do not feel isolated.

2. An individual works for Organisation A. They are responsible for collating financial information from all the local County primary schools in order to report budgetary requirements for the next financial year.
An individual works for Organisation B. They are responsible for collating financial information from all the local charity shops in order to report donation items and items sold.
An individual works for Organisation C. They are responsible for counting and recording raw materials stock, work in progress and finished goods stock on a monthly basis for the managers to report on rates of stock wastage and pilferage at the monthly board meeting.
For each of the organisations above, match them with the relevant sector below.

3. Data warehousing is an essential element of the extraction transformation and loading process.
Which of the following best describes data warehousing?

A) Data being processed into the destination database ready for use.
B) Examining the data to understand its content formats and structure
C) The process of harvesting data from source databases and locations.
D) Storing data in a systematic and logical way ready for further interrogation.

4. The following statements are from which section of the UK Combined Code?
1:The board should disclose a balanced and understandable assessment of the company's position and prospects in the financial reports.
2:The board should maintain an appropriate relationship with the company's external auditor.

A) Accountability
B) Shareholder relations
C) Leadership
D) Effectiveness
E) Remuneration

5. DnD1_0151-R2-D: Match each of the ethical principles with the correct brief scenario.