Exam Name: Managing Finance in a Digital World
Certification Provider: CIMA
Corresponding Certification: CIMA Certification
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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Role of the Finance Function | 20% | - Decision support and business partnering - Stewardship, governance and ethics - Purpose and value creation - Evolution of the finance function |
| Topic 2: Finance Interacting with the Organisation | 20% | - Communication and influencing skills - Supporting functional and strategic goals - Relationship with operations, sales and HR - Cross-functional collaboration |
| Topic 3: Technology in a Digital World | 20% | - Emerging technologies and risks - Impact of technology on finance processes - Digital technologies: cloud, AI, automation, analytics - Digital transformation and adoption |
| Topic 4: Shape and Structure of the Finance Function | 20% | - Shared services and outsourcing - Roles, skills and competencies - Centralised vs decentralised finance - Organisational structures and models |
| Topic 5: Data and Information in a Digital World | 20% | - Data analysis and interpretation - Information systems and reporting - Data characteristics, quality and governance - Security, privacy and compliance |
CIMA Managing Finance in a Digital World Sample Questions:
Which of the following is an example of operational information?
- A. Inventory values
- B. Payroll details
- C. Productivity measures
- D. Sales analysis
Correct Answer: B 🗳️
Introducing The Finance Function of PRS Company have been working with the Human enable which of the following business advantages'?
- A. An increase in relationship management
- B. An increase in competences
- C. An increase in value adding activities
- D. An increase in training
Correct Answer: C 🗳️
Level 2 of the contemporary shape of the finance function involves Strategic Business Partnering In this context strategic partners are
- A. Finance professionals
- B. Project managers
- C. Outsourced partners
- D. Senior management
Correct Answer: D 🗳️
Corporate social responsibility (CSR) encompasses four different dimensions.
Match each of the descriptions below with the correct CSR dimension.
Correct Answer:
A service level agreement will NOT normally include which of the following?
- A. The procedure for dealing with complaints
- B. Details of the mode of operation of the supplier
- C. The consequences of failing to meet targets
- D. The number of targets to be used
Correct Answer: B 🗳️
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