CIMA Managing Finance in a Digital World : E1 exam

CIMA E1 Actual PDF
  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
  • Updated: Aug 19, 2026
  • Q & A: 335 Questions and Answers
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CIMA E1 Exam Syllabus Topics:

SectionWeightObjectives
Data and Information in a Digital World20%- Data characteristics, quality and governance
- Security, privacy and compliance
- Data analysis and interpretation
- Information systems and reporting
Role of the Finance Function20%- Evolution of the finance function
- Decision support and business partnering
- Purpose and value creation
- Stewardship, governance and ethics
Technology in a Digital World20%- Emerging technologies and risks
- Digital technologies: cloud, AI, automation, analytics
- Impact of technology on finance processes
- Digital transformation and adoption
Finance Interacting with the Organisation20%- Supporting functional and strategic goals
- Relationship with operations, sales and HR
- Cross-functional collaboration
- Communication and influencing skills
Shape and Structure of the Finance Function20%- Centralised vs decentralised finance
- Roles, skills and competencies
- Organisational structures and models
- Shared services and outsourcing

CIMA Managing Finance in a Digital World Sample Questions:

1. C Company is a manufacturer of components for the electronics industry. Although enjoying healthy returns in the past, results for the last two years have shown a decline in profit. G has been brought in as the new Operations Manager. In her previous role, she was responsible for turning around a struggling organisation by using process mapping tools and she feels that this approach could also benefit her new company. Which of the following is NOT a feature of process mapping?

A) Establish what is currently happening and why
B) Develop new improved processes to reduce or eliminate inefficiency
C) Identify the most suitable supplier of raw materials
D) Measure how efficiently the process is working


2. Which of the following is a cost of information?

A) Improving system design
B) Improving pricing strategies
C) Improving marketing strategies
D) Improving product design


3. Company Y is a new business that prides itself on being green and ethical. It uses renewable energy to run its factories, abides by all the rules and regulations and regularly donates money to sustainable development charities around the world, despite occasionally being unable to fully pay its workers.
Why is Company Y in violation of Carroll's CSR pyramid?

A) Because it should be donating to charities based in their own country.
B) Because it is not profitable.
C) It is not in violation of Carroll's pyramid.
D) Because using renewable energy to run factories generally isn't advised as it can be unreliable.
E) Because it is breaking the law by using renewable energy only to run its factories.


4. Which of the following is an advantage of outsourcing?

A) Core competence may be strengthened
B) Cost savings may be made
C) Data confidentiality is stengthened
D) Continuity is guaranteed


5. Which of the following is NOT an element of the EOQ (Economic Order Quantity) equation?

A) Total ordering cost per order
B) Total inventory cost per year
C) Total purchases per year
D) The reorder quantity


Solutions:

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

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