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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. An organisation has grown in size over the last 6 months and it wishes to improve communication with its employees. Examples of information to share include company policies, human resource information and notices to employees.
Which type of system should the company adopt?

A) Intranet
B) Internet
C) Video conferencing
D) Extranet

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

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

3. Which of the following functions is responsible for the preparation of a company's statutory accounts?

A) Corporate planning
B) Treasury management
C) Financial accounting
D) Management accounting

4. Which of the following is associated with the control aspect of the finance function?

A) Amendment of original budgets
B) Pricing decisions
C) Strategy formulation
D) Investment decisions

5. The development of a Corporate Digital Responsibility (CDR) strategy is increasingly common in modern business and will include 5 key areas including customer expectation Which of the following best describes customer expectation in this context?

A) The need for transparency around the use of data and the ability to opt in and be rewarded for sharing data
B) Using data in a responsible and secure way that is in line with customer and employees expectations.
C) Sharing data in a benevolent way to help society, this could help inform choices and improve management of information
D) Ensuring all members of society have the skill, tools and ability to access the online digital world

Solutions: