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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Mita has set up a number of food shops and spends a lot of her time finding suitable staff Her key strength is going to farmers' wholesale markets and selecting her suppliers She also carries out all the accounting functions and maintains the shops by acting as her own caretaker, carrying out repairs and maintenance at the weekends Which aspect of the work would Mita be LEAST LIKELY to outsource?

A) Human resources
B) Accounting
C) Sourcing the suppliers
D) Repairs and maintenance

2. An individual works for Organisation A. They are responsible for collating financial information from all the local County primary schools in order to report budgetary requirements for the next financial year.
An individual works for Organisation B. They are responsible for collating financial information from all the local charity shops in order to report donation items and items sold.
An individual works for Organisation C. They are responsible for counting and recording raw materials stock, work in progress and finished goods stock on a monthly basis for the managers to report on rates of stock wastage and pilferage at the monthly board meeting.
For each of the organisations above, match them with the relevant sector below.

3. A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.
Which element of the HR cycle is described above?

A) Acquisition
B) Development
C) Separation
D) Maintenance

4. Which of the following is the component of Hadoop which is responsible for breaking down a task into chunks of work and allocating them?

A) BigQuery
B) MapReduce
C) Data Manipulation Language
D) Distribute File System

5. 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) Influencing demand to match production capacity
C) Matching production capacity to demand
D) Forecasting demand and matching this to production capacity

Solutions: