CIMA E1 Exam : Managing Finance in a Digital World

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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

Question 1

Running shoe manufacturer Bo Joggs have a long established method to ensure their product is right first time.
The aim is to reduce the amount of quality checking. Internal processes and procedures are closely monitored so that the running shoes are of the highest standard before going to market.
What are Bo joggs likely to do to ensure this quality is maintained?
Select ALL that apply.

A. Train staff.
B. Employ skilled shoemakers.
C. Use a Kaizen method of production.
D. Use the highest quality fabric.
E. Have the best quality shoe-making machinery.
F. Adopt the Pa re to rule.

Question 2

When involved in business decision making it is important to observe the concept of objectivity. Which THREE of the following are examples of an effective application of this concept?

A. Not disclosing confidential information
B. Not being influenced by other people
C. Being honest and truthful in business relationships
D. Maintaining technical and professional standards
E. Not allowing bias to influence opinion
F. Not allowing conflict of interest to influence decisions

Question 3

Which of the following is a disadvantage of using the internet, (E-marketing), to sell products?

A. Set-up and maintenance costs
B. It provides sophisticated segmentation opportunities
C. The organisational size is irrelevant
D. Enables close customer relationships

Question 4

Level 2 of the contemporary shape of the finance function involves Strategic Business Partnering In this context strategic partners are

A. Outsourced partners
B. Senior management
C. Project managers
D. Finance professionals

Question 5

Which of the following is the component of Hadoop which is responsible for breaking down a task into chunks of work and allocating them?

A. MapReduce
B. BigQuery
C. Distribute File System
D. Data Manipulation Language

Solutions: