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CIMA Managing Finance in a Digital World : E1
- Exam Code: E1
- Exam Name: Managing Finance in a Digital World
- Updated: Sep 20, 2026
- Q & A: 335 Questions and Answers
About CIMA E1 Exam Questions
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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Shape and Structure of the Finance Function | 20% | - Centralised vs decentralised finance - Roles, skills and competencies - Shared services and outsourcing - Organisational structures and models |
| Topic 2: Finance Interacting with the Organisation | 20% | - Cross-functional collaboration - Communication and influencing skills - Supporting functional and strategic goals - Relationship with operations, sales and HR |
| Topic 3: Data and Information in a Digital World | 20% | - Security, privacy and compliance - Data characteristics, quality and governance - Data analysis and interpretation - Information systems and reporting |
| Topic 4: Role of the Finance Function | 20% | - Purpose and value creation - Stewardship, governance and ethics - Decision support and business partnering - Evolution of the finance function |
| Topic 5: Technology in a Digital World | 20% | - Digital transformation and adoption - Digital technologies: cloud, AI, automation, analytics - Impact of technology on finance processes - Emerging technologies and risks |
CIMA Managing Finance in a Digital World Sample Questions:
Question #1
Which THREE of the following suggest an integrative approach to organisational purchasing according to Reck and Long?
- A. Suppliers are viewed as vital partners.
- B. Purchasing managers are involved in strategy development.
- C. Competitive strategies rely on the effectiveness of organisational purchasing.
- D. Supply is obtained at the best price once requested by departments.
- E. Timely information about product prices and availability can be obtained through organisational systems.
- F. Efficiency is at least equal to other organisational operations such as payroll and invoicing.
Correct Answer: A,B,C 🗳️
Question #2
Which TWO of the following are activities associated with setting up a new IT system?
- A. Service support
- B. Design and development
- C. Database management
- D. Testing
Correct Answer: B,D 🗳️
Question #3
TRA is a multinational company which generates large quantities of data across its various operating divisions, from which it produces a range of management reports.
Which technological benefit of artificial intelligence is most likely to be of use to the company?
- A. Good at teaming and interpreting differences in outcomes
- B. Good at consolidating multiple systems in the company
- C. Good at repetitive data entry tasks required
- D. Good at automating complex activities of the company.
Correct Answer: A 🗳️
Question #4
A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.
Which element of the HR cycle is described above?
- A. Maintenance
- B. Acquisition
- C. Separation
- D. Development
Correct Answer: D 🗳️
Question #5
Over the past year, JKL Company has found that its two largest competitors have taken some of their market share since opening online stores At the same time JKL has noticed that the capabilities of the new computing equipment that it has recently introduced are much greater than the ones that it had replaced.
JKL has decided to launch its own online store, to compliment its chain of high street stores, m a bid to win back the market share that it has lost Existing staff will be retrained to carry out the online operation.
Which TWO factors, associated with the contextual design of an organisation, are driving this decision?
- A. Technology
- B. Culture
- C. Size
- D. Specialisation
- E. Environment
Correct Answer: A,B 🗳️
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