CIMA Managing Finance in a Digital World : E1

  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
  • Updated: Aug 18, 2026
  • Q & A: 335 Questions and Answers

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About CIMA Managing Finance in a Digital World : E1 Exam

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CIMA E1 Exam Syllabus Topics:

SectionObjectives
Topic 1: Information Systems and Technology- Enterprise systems and financial information systems
- Cybersecurity and data governance basics
Topic 2: The Digital World and Business Environment- Digital transformation in finance and business models
- Impact of digital technologies on organisations
Topic 3: Finance Function in a Digital Environment- Automation and digital finance processes
- Role of finance professionals in digital organisations
Topic 4: Data and Information in Organisations- Data analytics and decision-making support
- Data collection, management, and quality

CIMA Managing Finance in a Digital World Sample Questions:

1. System changeover has four approaches, each of which vanes in terms of risk. cost and time.
Select the most suitable approach for when there is a need to minimise costs and time.

A) Direct changeover
B) Parallel running
C) Pilot operation
D) Phased changeover


2. TRA is a multinational company which generates large quantities of data across its various operating divisions, from which it produces a range of management reports.
Which technological benefit of artificial intelligence is most likely to be of use to the company?

A) Good at repetitive data entry tasks required
B) Good at consolidating multiple systems in the company
C) Good at automating complex activities of the company.
D) Good at teaming and interpreting differences in outcomes


3. Accountants and finance professionals in the future will see the basic routine transactional work reduce with a shift to higher level skills Which of the following best describes business acumen?

A) An ability to understand and respond to a wide range of aspects relevant to a business situation
B) An ability to understand and be sceptical about the information provided to the business
C) An ability to effectively communicate, showing empathy and understanding of individuals in the business
D) An ability to add value through analysing data and provide insight that will help the business.


4. One of the roles of the finance function is to help deploy solutions. Which activity of the "information to impact" framework is this a part of?

A) Apply
B) Advise
C) Analyse
D) Achieve


5. Which of the following do working capital reports include?

A) Cost of sales
B) Performance reports
C) Cash reports
D) Budgets


Solutions:

Question # 1
Answer: A
Question # 2
Answer: D
Question # 3
Answer: D
Question # 4
Answer: A
Question # 5
Answer: C

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