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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Clear career progression is an advantage of which type of organisational structure?

A) Project based
B) Matrix
C) Multi-divisional
D) Functional

2. Which of the following is a primary objective of a not-for-profit organisation?

A) Maximise owner wealth
B) Maximise benefit to beneficiaries
C) Effectiveness in achieving objectives
D) Economy - controlling costs

3. In a manufacturing company, it is important to maintain the correct levels of inventory, with particular attention to holding and ordering costs. For each of the types of costs listed below, identify whether these are holding costs or ordering costs:

4. Which of the following is an advantage of outsourcing?

A) Continuity is guaranteed
B) Cost savings may be made
C) Data confidentiality is stengthened
D) Core competence may be strengthened

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

Solutions: