E1 CIMA Managing Finance in a Digital World Free Practice Exam Questions (2025 Updated)

When using an integrated reporting approach a supermarket will include which THREE of the following in the organisation's annual financial statements?

JKL is an online marketing agency and is currently developing its systems to improve efficiency in storing and retrieving data

P works in the finance function and is currently assisting the development of a technical map of rules and data structures to enable the data to be stored effectively in JKL's new databases.

At what level of the data modelling process is P working on?

Level 2 of the contemporary shape of the finance function involves Strategic Business Partnering In this context strategic partners are

In order to understand the potential for conflict over the functioning of a finance department, B organisation's new Chief Financial Officer has prepared a power/interest (Mendelow) matrix. How should the Chief Financial Officer treat groups with high levels of interest but relatively low power when determining the role of the function?

Which of the following is the main reason for the growing demand for Big Data by organisations?

Company O has appointed a new CEO who is well known in the industry for making radical changes within the companies that she works for. After her first 9 months in the role, she announced some changes that she wanted to make, starting with the Finance Department. She stressed an intention to focus inwards on improvements to efficiencies and that she was not afraid to make fundamental changes if this is what is required to achieve those improvements. Which of the following is described above?

A PESTEL analysis (political, economic, social, technological, ecological and legal) is used by marketing to monitor its macro environment. Select THREE examples of economic factors

AB Company is planning to produce a new product which will require an extra shift to be worked in its factory, and needs to know if the sales expected will cover the extra cost of manufacture. Which of the following financial processes will be used to calculate this?

A main stakeholder of the finance function would typically provide feedback on the clarity and value of information used: in order to make better strategic decisions.

Which of the following would give this feedback?

There are several inter-related activities thought critical in implementing internal marketing.  Which THREE are valid?

A duplication of support functions would exist under which of the following organisational structures?

A manufacturing company had major issues with quality standards and as a result received a number of complaints from its customers.

Due to this the company's senior management has considered some new objectives for the business.

Which of the following comply with all requirements of a SMART objective and will help to overcome this issue?

Select ALL that apply.

When considering companies which focus on more than just commercial issues, which TWO of the following would be associated as a key element of a corporate social responsibility (CSR) strategy?

Which of the following best outlines the shift to higher level' skills anticipated to be fundamental to future accountants'?

According to Ansoff, which of the following marketing strategies should be adopted when introducing an existing product to a new market?

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?

Unclear cost and profit responsibilities can be a feature of which type of organisational structure?

XY is a small software development company. Which of the following are most likely to assist the organisation in facilitating innovation?

Select ALL that apply.

Shortly after starting his new role within R, Q begins to suspect that the training opportunities he was offered at interview are unlikely to materialise. Upon discussing his concerns with his manager, Q is made to feel as though his expectations regarding training opportunities were unrealistic as everything included within his employment contract had been honoured. Which of the following applies to the above situation?