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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Which THREE of the following suggest an independent approach to organisational purchasing according to Reck and Long?

A) Skills in negotiating the best price with suppliers.
B) Involvement in strategic planning.
C) Efficient responses to requests for supplies from departments.
D) Growing awareness of the financial importance of purchasing.
E) Treating suppliers as partners.
F) A move away from reactive to more professional approaches.

2. Which of the following do working capital reports include?

A) Performance reports
B) Cash reports
C) Budgets
D) Cost of sales

3. Shortly after starting his new role within R, Q begins to suspect that the training opportunities he was offered at interview are unlikely to materialise. Upon discussing his concerns with his manager, Q is made to feel as though his expectations regarding training opportunities were unrealistic as everything included within his employment contract had been honoured. Which of the following applies to the above situation?

A) Breach of employment contract
B) Recruitment into the wrong role
C) Breach of psychological contract
D) Misunderstanding of the job description

4. Which of the following is an example of a computerised system that is used to plan production requirements of raw materials, work-in-progress and finished goods?

A) Material requirement planning (MRP)
B) Total quality management (TQM)
C) Manufacturing resource planning (MRP II)
D) Enterprise resource planning (ERP)

5. L is employed within a startup organisation that has limited funds. The organisation is a firm of lawyers specialising in all legal fields, such as family law, property law, commercial law and litigation. Due to the relative infancy of the organisation, and restrictions on funds, they have to be prudent with their choice of information systems. They have all the IT they need for staff but the agreed best way to build the business has been to focus on building their client and prospective client base. Which of the following should the organisation invest in to help achieve this aim?

A) Enterprise Resource Planning software
B) Customer Relationship Management software
C) Purchase cloud backup capabilities
D) Intranet

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