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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
| Topic 2: Data and Information in a Digital World | 20% | - Data-driven decision making
|
| Topic 3: Technology in a Digital World | 30% | - Digital technologies and data
|
| Topic 4: Shape and Structure of the Finance Function | 20% | - Finance operating models
|
CIMA Managing Finance in a Digital World Sample Questions:
An organisation owned by its customers, generally not-for-profit and in the private sector, is commonly known as which one of the following?
- A. Mutual organisation
- B. Partnership
- C. Sole trader
- D. Charity
Correct Answer: D 🗳️
Workforce flexibility takes a number of different forms. Which of the following achieves flexibility where employees have the ability to move between tasks as and when required by the organisation?
- A. Functional flexibility
- B. Temporal flexibility
- C. Numerical flexibility
- D. Shift system flexibility
Correct Answer: A 🗳️
Digital interactive marketing does NOT involve the use of which of the following?
- A. Mobile phones
- B. Emails
- C. Radio commercials
- D. Social media
Correct Answer: C 🗳️
Which THREE of the following suggest an integrative approach to organisational purchasing according to Reck and Long?
- A. Efficiency is at least equal to other organisational operations such as payroll and invoicing.
- B. Purchasing managers are involved in strategy development.
- C. Timely information about product prices and availability can be obtained through organisational systems.
- D. Suppliers are viewed as vital partners.
- E. Supply is obtained at the best price once requested by departments.
- F. Competitive strategies rely on the effectiveness of organisational purchasing.
Correct Answer: B,D,F 🗳️
The Finance Function of PRS Company have been working with the Human Resources function (HR) lo develop a series of Key Performance Indicators (KPIs).
Which of the following HR activities would be the focus of the proposed 'employee satisfaction scores" KPI?
- A. Training and development
- B. Motivation management
- C. Selection and recruitment
- D. Performance management
Correct Answer: B 🗳️
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