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CIMA E1 Questions & Answers - in .pdf

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  • Total Q&A: 335
  • Update: May 30, 2026
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  • Vendor: CIMA
  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
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CIMA E1 Q&A - Testing Engine

E1 Study Guide
  • Total Q&A: 335
  • Update: May 30, 2026
  • Price: $59.99
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  • Vendor: CIMA
  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
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CIMA Managing Finance in a Digital World Sample Questions:

1. 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) Charity
C) Sole trader
D) Partnership


2. The Finance Director has been asked to produce a cost saving plan for the organisation which is to come into effect immediately. His initial suggestion to enable quick savings is to cut the staff development and training budget by 50%. Before he publishes the plan he has asked you to review it and let him know what the effect of this may be in the short term.
Select ALL that apply.

A) There may be a loss of competitive advantage
B) Key staff may leave
C) Recruitment may be more difficult
D) Staff skill levels may reduce
E) Profit will increase
F) Staff motivation may reduce


3. Which of the following is NOT an element of the system development life cycle?

A) Analysis
B) Review
C) Planning
D) Implementation


4. Which one of the following is NOT part of the role of Human Resource Management?

A) Recognising employees are motivated by consent and involvement.
B) Regarding the line manager's role as transactional with an emphasis on negotiation.
C) Viewing employees as assets of the organisation.
D) Being concerned with operational and strategic people issues.


5. Accountants and finance professionals in the future will see the basic routine transactional work reduce with a shift to higher level skills Which of the following best describes business acumen?

A) An ability to understand and be sceptical about the information provided to the business
B) An ability to understand and respond to a wide range of aspects relevant to a business situation
C) An ability to add value through analysing data and provide insight that will help the business.
D) An ability to effectively communicate, showing empathy and understanding of individuals in the business


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C,E,F
Question # 3
Answer: B
Question # 4
Answer: B
Question # 5
Answer: C

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