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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Shape and Structure of the Finance Function | 20% | - Finance operating models
|
| Data and Information in a Digital World | 20% | - Data-driven decision making
|
| Technology in a Digital World | 30% | - Digital technologies and data
|
| Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
CIMA Managing Finance in a Digital World Sample Questions:
1. L is employed within a startup organisation that has limited funds. The organisation is a firm of lawyers specialising in all legal fields, such as family law, property law, commercial law and litigation. Due to the relative infancy of the organisation, and restrictions on funds, they have to be prudent with their choice of information systems. They have all the IT they need for staff but the agreed best way to build the business has been to focus on building their client and prospective client base. Which of the following should the organisation invest in to help achieve this aim?
A) Intranet
B) Customer Relationship Management software
C) Enterprise Resource Planning software
D) Purchase cloud backup capabilities
2. A service level agreement will NOT normally include which of the following?
A) The procedure for dealing with complaints
B) The consequences of failing to meet targets
C) The number of targets to be used
D) Details of the mode of operation of the supplier
3. More and more organisations are developing their supply chain networks by building closer links with suppliers. Which THREE of the following are considered to be features of this trend?
A) Computer systems linked to customers
B) Price and inventory co-ordination
C) In-house resolution of design problems
D) Supplier representative on site
E) Early supplier involvement
4. DTR is a publishing company specialising in the production of technical journals and product specifications Because of the volumes of information required to run the business effectively, the finance function of the company is considering migrating to cloud based technologies.
Which of the following is most likely to be a benefit of such a move for the company?
A) Periodic system updates
B) Access to stand alone systems
C) Improved version control
D) Established work patterns
5. The structure of an organisation is likely to change as the organisation develops and grows. Which type of structure is associated with an organisation which is in its early days?
A) Entrepreneurial
B) Matrix
C) Divisional
D) Functional
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: B,D,E | Question # 4 Answer: B | Question # 5 Answer: A |
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