CIMA E1 exam : Managing Finance in a Digital World

E1 Exam Simulator
  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
  • Updated: Sep 14, 2026
  • Q & A: 335 Questions and Answers

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CIMA E1 exam simulator

CIMA E1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Data and Information in a Digital World20%- Data-driven decision making
  • 1. Information quality and ethics
  • 2. Data collection and management
  • 3. Data visualization and reporting
Topic 2: Shape and Structure of the Finance Function20%- Finance operating models
  • 1. Governance, risk and control
  • 2. Organizational structures
  • 3. Shared services and outsourcing
Topic 3: Role of the Finance Function30%- Purpose and activities of the finance function
  • 1. Impact of digital technologies on finance
  • 2. Role of finance within organizations
  • 3. Finance business partnering
Topic 4: Technology in a Digital World30%- Digital technologies and data
  • 1. Cybersecurity fundamentals
  • 2. Artificial intelligence and analytics
  • 3. Cloud computing and automation
  • 4. Data lifecycle and governance

CIMA Managing Finance in a Digital World Sample Questions:

Question #1

Which of the following is a benefit to the employer of remote working?

  • A. Reduced cost of commuting
  • B. Ease of balancing work/life commitments
  • C. Privacy to the individual
  • D. Increased employee motivation
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

XYZ company is a large public limited company, registered in the UK and required to be externally audited Who is responsible for appointing the external auditors?

  • A. Non-executive directors
  • B. Shareholders
  • C. Executive directors
  • D. Board of directors
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

In order to understand the potential for conflict over the functioning of a finance department, B organisation's new Chief Financial Officer has prepared a power/interest (Mendelow) matrix. How should the Chief Financial Officer treat groups with high levels of interest but relatively low power when determining the role of the function?

  • A. Treat these groups as key players
  • B. Keep these groups informed
  • C. Keep these groups satisfied
  • D. Take minimal effort with these groups
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

A new Team Leader in Internal Audit has been asking team members about tasks that they do not think are part of their responsibility as they go beyond compliance with legislation. You are preparing a response to this to include an explanation of the requirements of a social audit. Which of the following would you include in your response?
Select ALL that apply.

  • A. Operation of risk management process(es)
  • B. Ethical investment decisions
  • C. Existing and potential management weaknesses and ways to rectify them
  • D. Observance of equal opportunities beyond that required by legislation
  • E. Adequacy of audit trail
  • F. Use of sustainable raw materials
Reveal Solution  Discussion  0

Correct Answer: B,D,F  🗳️

Question #5

Inventory control, which maintains a low level of inventory, is important to ensure which of the following?

  • A. Low holding costs
  • B. Uninterupted production
  • C. Continual customer satisfaction
  • D. High level of redundant stock
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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