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CIMA E1 : Managing Finance in a Digital World

Exam Code: E1

Exam Name: Managing Finance in a Digital World

Updated: Aug 12, 2026

Q & A: 335 Questions and Answers

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CIMA E1 Exam Syllabus Topics:

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

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following would be within the role of an operational line manager?
Select ALL that apply.

A) Carrying out psychometric testing
B) Interviewing potential new recruits
C) Deciding on strategic objectives
D) Conducting appraisals with staff


2. The growth and success of virtual teams have been a result of which THREE developments becoming available to organisations?

A) Electronic information sharing
B) Efficient broadband connections
C) Remote on-line meetings
D) Safe transfer of funds electronically
E) Computer-aided design processes
F) Accurate systems of inventory management


3. Which of the following does NOT help to bring about operational improvement in the manufacturing process of an organisation?

A) Six Sigma
B) Just-in-Time
C) Market research
D) Kaizen


4. Who is responsible for the strategic leadership of the finance team?

A) Chief Executive Officer
B) Chief Finance Officer
C) Financial Accountant
D) Management Accountant


5. Which TWO of the following are the responsibility of the Chief Financial Officer (CFO) in achieving the desired organisational impact?

A) Liaising effectively with internal and external stakeholders
B) Working with specialists to provide further insight to decision makers
C) Launching key initiatives that support organisation goals
D) Financial planning and analysis.
E) Generation of information and providing preliminary insight


Solutions:

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

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