CIMA Managing Finance in a Digital World - E1

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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following is NOT a component of the working capital cycle?

A) The time taken by customers to pay for the goods
B) The time taken to produce the goods
C) The time taken by the bank to approve lending
D) The average time that raw materials remain in inventory

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

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

3. The use of big data and smart technology by the sales and marketing function of an organisation is most likely to be associated with which of the following?

A) Social media trends
B) Alleviating bottle necks
C) Supply chain collaboration
D) Service improvements

4. B is a small company that offers translation services into another language. There are very few employees and a network of translators is kept on a database Customers ask for work to be carried out through a website and B finds a suitable translator, taking a fee from the overall charge. The website is maintained by a third party What type of organisation is this?

A) Outsourced
B) Modular
C) Virtual
D) Matrix

5. Which of the following best describes the 'passive stage' of purchasing?

A) Purchasing is independent of corporate strategy
B) Purchasing has no strategic direction
C) Purchasing is concentrated on price negotiation
D) Purchasing integrates latest practices and technology

Solutions: