CIMA E1 : Managing Finance in a Digital World

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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following is a feature of an organisation that has adopted a sales orientation?

A) Selling at the right price.
B) Persuasive promotional policies
C) Producing the right product
D) Selling in the right place

2. XY is a small software development company. Which of the following are most likely to assist the organisation in facilitating innovation?
Select ALL that apply.

A) The organisational targets
B) Organisational structure
C) The budgeting processes
D) Organisational culture
E) Leadership of the organisation
F) The planning processes

3. 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) Effectiveness
B) Shareholder relations
C) Leadership
D) Accountability
E) Remuneration

4. Which of the following best defines Business Process Re-engineering (BPR)?

A) BPR is based on the idea that 80% of an outcome is dependant on only 20% of the inputs.
B) The main aim of BPR is to save costs.
C) BPR involves fundamental changes in the way the organisation operates.
D) BPR is the continuous examination and improvement of processes.

5. 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) The introduction of new legislation relating to business tax
B) New ways of distribution
C) Consumers' propensity to save
D) The rate of inflation
E) Social mobility
F) Interest rates

Solutions: