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CIMA CIMA Certification E1

E1

Exam Code: E1

Exam Name: Managing Finance in a Digital World

Updated: Jul 20, 2026

Q & A: 335 Questions and Answers

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CIMA E1 Exam Syllabus Topics:

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

CIMA Managing Finance in a Digital World Sample Questions:

1. Vladimir is the managing director of a IT repair business called Screenhax. The company has been operating for 10 years and has around 60 members of staff.
Donald, one of Vladimir employees, committed the act of 'skimming".
What did Donald do?

A) Donald's wife had a problem with her computer, so he stole one of the shop's refurbished computers and gave it to her to use.
B) Donald stole IT equipment from the shop.
C) Donald was responsible for paying all employees at Screenhax. He took advantage of this responsibility by creating a fictitious person and directing money to their account.
D) Donald repaired a customer's broken computer but did not register the job through the computer system.
He then pocketed the cosh.
E) Donald borrowed the Screenhax repair van and used it for his own personal commitments without the consent from Vladimir.


2. H works in an organisation that supplies advertising space in prominent areas in inner cities. She frequently works at client premises with limited time spent at the office headquarters. H's colleagues also work in the same manner and the organisation has reduced office space as most employees are not in the office all at the same time. Instead, a bank of work stations are provided for sales staff with telephones and internet connections. Which of the following working arrangements is described above as being provided by the organisation?

A) Job sharing
B) Teleworking
C) Hot desking
D) Remote working


3. Company Q has several layers of management. The Chief Executive Officer (CEO) wishes to remove some of these layers to streamline the organisation and increase efficiencies. The initial plan is for third party contractors to take over support activities. What change in the organisation is the CEO making?

A) Vertical expansion
B) Horizontal expansion
C) Outsourcing
D) Alliance agreement


4. Which of the following provides the best description of an intranet?

A) Employees use networked computers to access information held on a server.
B) A worldwide network of computers.
C) Authorised outsiders use networked computers to access information held on a server.
D) A collection of data organised to service many applications providing access to a wide variety of users.


5. Which of the following are associated with the mission of an organisation?
Select ALL that apply.

A) Strategy of the organisation
B) Service level of the organisation
C) Purpose of the organisation
D) Product marketing strategy of the organisation
E) Staff perception of the organisation
F) Culture of the organisation


Solutions:

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

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