CIMA Managing Finance in a Digital World : E1

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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. XYZ company is a large public limited company, registered in the UK and required to be externally audited Who is responsible for appointing the external auditors?

A) Non-executive directors
B) Shareholders
C) Board of directors
D) Executive directors

2. Which area of a Finance Manager's job role do the following tasks fit into?
Place the appropriate role against the task.

3. MN College (limited by guarantee) aims to ensure that each student achieves their qualification and gains employment. Which THREE of the following are suitable measures of performance for MN College?

A) Effectiveness
B) Number of lecturers.
C) Enhanced
D) Number of students
E) Economic
F) Efficiency

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

5. Which of the following is an example of a formal relationship in which two organisations legally contract to co-operate in defined ways to achieve specific commercial objectives?

A) Merger
B) Strategic Alliance
C) Shared Service Centre
D) Outsourcing

Solutions: