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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Company O has appointed a new CEO who is well known in the industry for making radical changes within the companies that she works for. After her first 9 months in the role, she announced some changes that she wanted to make, starting with the Finance Department. She stressed an intention to focus inwards on improvements to efficiencies and that she was not afraid to make fundamental changes if this is what is required to achieve those improvements. Which of the following is described above?

A) Reconfiguration to market oriented.
B) Segregation of the finance function
C) Relocation of production
D) Business Process Re-engineering

2. Which of the following is NOT an element of the EOQ (Economic Order Quantity) equation?

A) Total ordering cost per order
B) The reorder quantity
C) Total inventory cost per year
D) Total purchases per year

3. Which of the following are types of connected stakeholders? Select ALL that apply.

A) Banks
B) Employees
C) Communities
D) Shareholders
E) Managers
F) Pressure groups
G) Suppliers
H) Government
I) Customers
J) Board members

4. One of the finance function's main stakeholders provides feedback on customer responses and reviews about the organisation's products and services. Which of the following will provide this feedback?

A) Production function
B) Shareholders
C) Human Resources
D) Sales function

5. Which type of organisation is owned by its customers, strictly speaking is a not-for-profit organisation and is in the private sector?

A) Partnership
B) Mutual organisation
C) Sole trader
D) Charity

Solutions: