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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

Question 1

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

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

Question 2

Following scandals such as Enron and legislation such as Sarbannes-Oxley in the US, the emphasis of the finance function of many entities has changed. This has led to which of the following?

Question 3

Which of the following defines key performance indicators (KPls)?

A. KPIs are the measures which indicate whether or not the critical success factors are SMART.
B. KPIS are used to measure operational activities only
C. KPIs are used to create critical success factors.
D. KPIs are the measures which indicate whether or not a critical success factor is being achieved

Question 4

In which THREE of the following situations is Cloud a sensible IT strategy?

A. Bespoke software
B. Unreliable internet access
C. High impact if data is lost
D. Frequent software changes
E. High in-house IT skills
F. Need to reduce up front costs

Question 5

For a business to successfully use big data in its organisation, the development of a digital mindset needs to be in-line with which of the following?

A. Data Strategy
B. Data Visualisation
C. Data Scientists
D. Data Manipulation

Solutions: