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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following is important when considering the 'Promotion' element of the marketing mix?

A) Packaging
B) Distribution channels
C) Public relations
D) After sales service

2. Finance business partners are seen as leaders that can influence the decisions that businesses make. Which of the following best describes their role in this process?

A) Executing strategies set by the CEO
B) Providing preliminary insight
C) Generating information
D) Maximising value

3. Company T needs to update its forecast for the remaining 9 months of the financial year to comply with its bank financing convenants. There is a debate between the manufacturing department, which wants to replace some large equipment within the next six months, and the finance function, which wants to ensure that sufficient reserves have built up to fund the purchase outright rather than exploring further financing options.
Which conflicting factors are the two departments debating?
Select ALL that apply.

A) Capital expenditure
B) Revenue expenditure
C) Long term
D) Independence
E) Short term

4. Which THREE of the following refer to information sourced externally?

A) Share price
B) Production capacity
C) Inflation rate
D) Tax deducted
E) Taxation policy
F) Volume of pales

5. 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) Keep these groups informed
B) Keep these groups satisfied
C) Treat these groups as key players
D) Take minimal effort with these groups

Solutions: