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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following is a cost of information?

A) Improving pricing strategies
B) Improving system design
C) Improving product design
D) Improving marketing strategies

2. Which THREE of the following describe the role process maps can play in an organisation?

A) Providing an overview of product flows across supply chains and networks
B) Providing a plan-do-check-act operating sequence
C) Acting as a trigger for process redesign and simplification
D) Offering a framework to analyse cause and effect in problem solving
E) Providing an understanding of how the physical and thinking environment can be improved
F) Providing an understanding of how particular jobs and functions fit into an entire process

3. It can be said that ethics is a set of moral principles underpinning the concept of right and wrong. Whether an action is actually right or wrong depends on which of the following?
Select ALL that apply.

A) The organisational policy
B) The government policy
C) The key values associated with the action
D) The consequences of the action
E) The legality of the action
F) The motivation for the action

4. A management accountant vacancy has arisen in the Finance Department of HJ Company. The Finance Manager is preparing the necessary paperwork for the recruitment process and is currently working on the person specification. He has contacted the company's Human Resource Department to ask for advice on which THREE of the following he should include in the person specification:

A) Special attributes
B) Attainments
C) The job environment
D) The purpose and title of the job
E) Background and circumstances
F) Salary range

5. Company P is a recruitment agency specialising in placing accountancy and legal personnel in employment. A large part of the role of the agency is to meet the prospective individuals in order to ensure they are placed in the most appropriate roles.
Which THREE elements of the marketing mix relate specifically to the type of business described, to a greater extent than would apply to a manufacturing company?

A) Product
B) Price
C) Physical evidence
D) Promotion
E) People
F) Processes

Solutions: