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CIMA CIMA Certification E1

E1

Exam Code: E1

Exam Name: Managing Finance in a Digital World

Updated: Jul 27, 2026

Q & A: 335 Questions and Answers

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CIMA E1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Technology in a Digital World20%- Impact of technology on finance processes
- Digital technologies: cloud, AI, automation, analytics
- Digital transformation and adoption
- Emerging technologies and risks
Topic 2: Data and Information in a Digital World20%- Data analysis and interpretation
- Security, privacy and compliance
- Data characteristics, quality and governance
- Information systems and reporting
Topic 3: Finance Interacting with the Organisation20%- Relationship with operations, sales and HR
- Supporting functional and strategic goals
- Communication and influencing skills
- Cross-functional collaboration
Topic 4: Role of the Finance Function20%- Evolution of the finance function
- Purpose and value creation
- Stewardship, governance and ethics
- Decision support and business partnering
Topic 5: Shape and Structure of the Finance Function20%- Centralised vs decentralised finance
- Shared services and outsourcing
- Roles, skills and competencies
- Organisational structures and models

CIMA Managing Finance in a Digital World Sample Questions:

1. Capturing and utilising big data is now a key element of many organisations' value adding process. Which of the following best describes the attribute of big data velocity*?

A) The capability to process internal and external data
B) The capability to validate data to tolerable levels
C) The capability to swiftly capture and process data in real time
D) The capacity to process large quantities of data


2. Which TWO of the following are activities associated with setting up a new IT system?

A) Testing
B) Service support
C) Design and development
D) Database management


3. An entity has several subsidiaries including F, which has an urgent staffing issue. The Financial Controller of F is due to start her maternity leave in 3 weeks time and there is currently a recruitment freeze in place to curtail employment costs. Human Resources needs to resolve the issue of covering the Financial Controller's position on a temporary basis. Which TWO of the options below will be suitable in these circumstances?

A) Job rotation
B) Internal promotion
C) Early retirement
D) Job enlargement
E) Secondment


4. Place the following categories typically found in a 'person specification' next to each job holder's requirements.


5. The finance function of IKR currently work on a quarterly reporting cycle to the board of directors Data is collated and presented to the relevant departments and business units for decision making purposes This often results in questions from the various functional department heads.
Which of the following is the next step in the information to impact framework?

A) Assembling information
B) Advising to influence
C) Analysing for insights
D) Applying for impact


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A,C
Question # 3
Answer: D,E
Question # 4
Answer: Only visible for members
Question # 5
Answer: B

E1 Related Exams
CIMAPRO15-P01-X1-ENG - P1 - Management Accounting Question Tutorial
BA4 - Fundamentals of Ethics - Corporate Governance and Business Law
CIMAPRO15-E03-X1-ENG - E3 - Strategic Management Question Tutorial
CIMAPRO17-BA2-X1-ENG - BA2 – Fundamentals of Management Accounting Question Tutorial
F1 - Financial Reporting
E1 - Managing Finance in a Digital World
Related Certifications
CIMA Strategic level
CIMA CGMA Professional Qualification
CIMA Certification
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CIMA Operational
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