CIMA E1 : Managing Finance in a Digital World

  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
  • Updated: Sep 17, 2026     Q & A: 335 Questions and Answers

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CIMA E1 Exam Syllabus Topics:

SectionObjectives
The Digital World and Business Environment- Impact of digital technologies on organisations
- Digital transformation in finance and business models
Data and Information in Organisations- Data analytics and decision-making support
- Data collection, management, and quality
Information Systems and Technology- Enterprise systems and financial information systems
- Cybersecurity and data governance basics
Finance Function in a Digital Environment- Automation and digital finance processes
- Role of finance professionals in digital organisations

CIMA Managing Finance in a Digital World Sample Questions:

Question #1

AB Company is planning to implement a new IT system. The existing system runs all of the financial ledgers and is key to the running of the whole organisation. Which of the following will NOT be a suitable method for the changover of the system?

  • A. Phased changeover
  • B. Parallel changeover
  • C. Pilot changeover
  • D. Direct changeover
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

AB Company operates a capital intensive production process and cannot quickly add capacity. Which of the following best describes this production strategy?

  • A. Maintaining a level capacity plan
  • B. Matching production capacity to demand
  • C. Influencing demand to match production capacity
  • D. Forecasting demand and matching this to production capacity
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

Inventory control, which maintains a low level of inventory, is important to ensure which of the following?

  • A. Continual customer satisfaction
  • B. Low holding costs
  • C. Uninterupted production
  • D. High level of redundant stock
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Which of the following sources of data will have limited usefulness to finance professionals?

  • A. Primary market research data
  • B. Competitors' journal articles
  • C. Output reports from production.
  • D. Weekly sales report
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #5

Which TWO of the following are examples of a knowledge work system?

  • A. Computer Aided Manufacturing (CAM)
  • B. Computer Aided Design (CAD)
  • C. Transaction Processing System (TPS)
  • D. Materials Resource Planning (MRP)
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

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