Updated: Sep 08, 2026
No. of Questions: 335 Questions & Answers with Testing Engine
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| Certification Vendor: | CIMA (AICPA & CIMA) |
|---|---|
| Exam Name: | Managing Finance in a Digital World |
| Exam Number: | E1 |
| Real Exam Qty: | 60 |
| Passing Score: | 50% |
| Exam Duration: | 90 minutes |
| Related Certifications: | CGMA Certificate in Business Accounting CIMA Certificate in Business Accounting |
| Exam Format: | Multiple Choice Questions, Objective Test |
| Exam Price: | Varies (~£100 GBP approx, region-dependent) |
| Certificate Validity Period: | No expiry (qualification does not expire) |
| Available Languages: | English |
| Recommended Training: | CIMA Official Study Resources Kaplan CIMA Exam Preparation |
| Exam Registration: | CIMA Official Registration Portal |
| Sample Questions: | CIMA E1 Sample Questions |
| Exam Way: | Computer-based objective test delivered via Pearson VUE test centers or online proctoring (availability varies by region) |
| Pre Condition: | No formal prerequisites for entry-level Certificate in Business Accounting modules |
| Official Syllabus URL: | https://www.aicpa-cima.com |
| Section | Objectives |
|---|---|
| Data and Information in Organisations | - Data analytics and decision-making support - Data collection, management, and quality |
| Finance Function in a Digital Environment | - Automation and digital finance processes - Role of finance professionals in digital organisations |
| The Digital World and Business Environment | - Impact of digital technologies on organisations - Digital transformation in finance and business models |
| Information Systems and Technology | - Cybersecurity and data governance basics - Enterprise systems and financial information systems |
Question 1
A is developing a new mission statement. Which TWO of the following should NOT be included?
A. The main business A is concerned with.
B. Detailed values such as respect, integrity, diversity, teamwork and innovation.
C. What will be achieved in 20 years' time.
D. The main purpose of A.
E. A brief summary of A's values and beliefs.
Question 2
Finance business partners are seen as leaders that can influence the decisions that businesses make. Which of the following best describes their role in this process?
A. Maximising value
B. Generating information
C. Providing preliminary insight
D. Executing strategies set by the CEO
Question 3
Which of the following is a primary objective of a not-for-profit organisation?
A. Effectiveness in achieving objectives
B. Maximise owner wealth
C. Maximise benefit to beneficiaries
D. Economy - controlling costs
Question 4
Which of the following provides the best description of an intranet?
A. Employees use networked computers to access information held on a server.
B. Authorised outsiders use networked computers to access information held on a server.
C. A worldwide network of computers.
D. A collection of data organised to service many applications providing access to a wide variety of users.
Question 5
YKF is a manufacturer of candles with world-wide operations.
The finance department within YKF has recently adopted the use of accounting systems that are hosted and operated by an external provider, instead of being in-house.
The technology allows different users to access elements of the accounting software, regardless of location, through either an internet browser or an app on their mobile device What technology has YKF adopted to make its accounting software more flexible?
A. Data Analytics
B. Cloud computing
C. Blockchain
D. Internet of things
Solutions:
| Question 1 Answer: B,C | Question 2 Answer: A | Question 3 Answer: C | Question 4 Answer: A | Question 5 Answer: D |
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