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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. N works in the Finance Department of a frozen food distribution company. His role includes analysing how long it takes for customers to settle their accounts and, in turn, when the company's payables are cleared.
Which of the following is described above?

A) Working capital control
B) Performance reporting
C) Preparation of forecasts
D) Cost reporting

2. At his recent appraisal CD discussed his development needs with PQ, his line manager. In particular CD has said that he would like the opportunity to take on more responsibility. Which of the following job design techniques could PQ use to support CD's development?.

A) Job enrichment
B) Job significance
C) Job rotation
D) Job enlargement

3. TJD is a national retailer of garden accessories and a FTSE 350 company It is currently establishing a remuneration committee According to the UK Corporate Governance Code what is the minimum number of non-executive directors TJD's remuneration committee should be made up of?

A) At least 2
B) At least 5
C) least 3
D) At least 7

4. Continued improvements in Information Technology have encouraged organisations to use IT increasingly to assist in their development. Which of the following is such an improvement in IT?

A) Improved operations and manufacturing processes
B) Improved communications systems
C) Improved decision making processes
D) Increased data storage capacity

5. When testing an information system before it goes live, using contrived testing will present the system with which type of data and transactions?

A) Unusual and unexpected data and transactions
B) Realistic data and transactions
C) Large volumes of data and transactions
D) Routine mix of data and transactions

Solutions: