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CIMA E1

E1

Exam Code: E1

Exam Name: Managing Finance in a Digital World

Updated: Jul 19, 2026

Q & A: 335 Questions and Answers

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CIMA E1 Exam Syllabus Topics:

SectionObjectives
The Digital World and Business Environment- Digital transformation in finance and business models
- Impact of digital technologies on organisations
Information Systems and Technology- Cybersecurity and data governance basics
- Enterprise systems and financial information systems
Finance Function in a Digital Environment- Automation and digital finance processes
- Role of finance professionals in digital organisations
Data and Information in Organisations- Data analytics and decision-making support
- Data collection, management, and quality

CIMA Managing Finance in a Digital World Sample Questions:

1. R works in the finance function of TX Company, a large multinational vehicle manufacturer.
Most of R's work involves shaping how the company creates and preserves value by using effective controls.
Which of the following activities is R most likely to be involved with?

A) Budgeting
B) Reviewing customer satisfaction
C) Sales forecasting
D) Variance analysis


2. MN College (limited by guarantee) aims to ensure that each student achieves their qualification and gains employment. Which THREE of the following are suitable measures of performance for MN College?

A) Number of lecturers.
B) Enhanced
C) Effectiveness
D) Efficiency
E) Economic
F) Number of students


3. The coherent approach for organising, governing, analysing and deploying an organisations' information assets' Which of the following does the above statement describe?

A) Data Strategy
B) Data Analysis
C) Data Manipulation
D) Data Modelling


4. Mitch owns a small furniture business, which he is keen to grow.
Which of the following would MOST benefit the growth of Mitch's business:

A) Forming an alliance with a local supplier.
B) Reducing the price of all products by a third.
C) Becoming a network organisation.
D) Outsourcing all complementary and residual competencies.
E) Becoming a shamrock organisation.


5. A company is expanding its baby clothing product range to include all items for infants, for example feeding and bathing equipment. As this is a new venture for the company, the Board of Directors has agreed that market research is a necessary exercise, but it is undecided as to which is the most efficient and effective method. Which of the following methods of research would be most appropriate?

A) Experimentation
B) Focus groups
C) Interviews
D) Questionnaires


Solutions:

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

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