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CIMA Managing Finance in a Digital World : E1

E1 Exam Simulator
  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
  • Updated: Sep 11, 2026
  • Q & A: 335 Questions and Answers
  • CIMA E1 Q&A - in .pdf

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CIMA E1 exam simulator

CIMA E1 Exam Syllabus Topics:

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

CIMA Managing Finance in a Digital World Sample Questions:

Question #1

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. Social mobility
  • C. Interest rates
  • D. Consumers' propensity to save
  • E. The rate of inflation
  • F. New ways of distribution
Answer: C,D,E
Question #2

M has a new job working in the finance function of HKF. a chain of hotels. At M's interview, new job working in the finance function of HKF. a chain of hotels emphasis on connecting the different activities in the organisation.
Which of the following is an example of connecting the different activities in an organisation'?

  • A. Cleaning the data that is produced with regard to room occupation and food and drink.
  • B. Collecting data from recruitment agencies who supply temporary staff to HKF hotels.
  • C. Producing time charts of how finance staff spend their time on different tasks.
  • D. Providing budgets and reports to the managers of the hotel restaurants
Answer: D
Question #3

Which of the following best describes a digital mindset?

  • A. Interpreting data that is analysed digitally to understand its content, formats, and structure
  • B. Understanding the concept of seeing beyond the individual elements of digital change
  • C. Understanding the process of harvesting data from source databases and locations
  • D. Thinking shaped by the process of collecting organisation and analysing a large set of data to discover patterns.
Answer: B
Question #4

Level one of the contemporary shape of the finance function involves strategic leadership of the finance team.
The head of the finance function is.

  • A. The Finance Treasurer
  • B. The Chief Financial Officer
  • C. The Financial Accountant
  • D. The Chief Executive Officer
Answer: B
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. Culture
  • B. Technology
  • C. Specialisation
  • D. Environment
  • E. Size
Answer: A,B

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