E1 CIMA Managing Finance in a Digital World Free Practice Exam Questions (2025 Updated)
Prepare effectively for your CIMA E1 Managing Finance in a Digital World certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.
R works in the finance function of TX Company, a large multinational vehicle manufacturer.
Most of R's work involves shaping how the company creates and preserves value by using effective controls.
Which of the following activities is R most likely to be involved with?
Which of the following is a primary objective of a not-for-profit organisation?
Which of the following statements regarding shamrock organisations are true?
1:Shamrock organisations typically comprise four discrete components.
2:The core group of executives are often supported by external contractors and part-time staff.
3:One of the main characteristics of a shamrock organisation is its flexibility.
One of the finance function's main stakeholders provides feedback on customer responses and reviews about the organisation's products and services. Which of the following will provide this feedback?
A management accountant vacancy has arisen in the Finance Department of HJ Company. The Finance Manager is preparing the necessary paperwork for the recruitment process and is currently working on the person specification. He has contacted the company's Human Resource Department to ask for advice on which THREE of the following he should include in the person specification:
Company E operates a management consultancy business with four international offices. All offices specialise in helping new businesses, with all support operations dealt with by headquarters.Which of the organisational structures below would best describe Company E.
An organisation owned by its customers, generally not-for-profit and in the private sector, is commonly known as which one of the following?
A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.
Which element of the HR cycle is described above?
Stephanie has just secured a job as a management accountant for a well-known banking firm. She needs to understand the organisation's financial position.
What should she do first in order to gain this understanding?
M works in the finance function of S Company, a logistics and distnbution organisation
M has been asked to assist in narrating how the company has performed by collating the regular six monthly review for distribution to shareholders
Which of the following finance function activities best describes the activities M is likely be involved in?
E's manager is concerned about bullying in the organisation and has asked E to report on the situation.
As a result, E has carried out the following work;
• Collected data of the numbers of complaints made
• Produced a bar chart based on incidences in different departments
• Interviewed a sample of employees
• Calculated the cost of employees being away from work sick due to bullying
Which of the pieces of work that E has carried out is qualitative analysis?
It is important to assess the contribution made by the finance function. If a balanced scorecard approach is used, which of the following categories would utilise the measure of staff turnover?
Barry has heard that the government is planning to tighten environmental regulations. He doesn't like the sound of this, as even though some businesses won't be affected that much, he will have to end up paying a lot
more to run his business.
Which of the following options would be most effective in preventing the government from imposing such regulation?
Select ALL that apply.
L and M are setting up a business offering guided hiking holidays in national parks throughout the world. The price of the holidays will include airfares and accommodation; their initial research shows that there will be a huge variability in the cost of both.
What type of pricing will be appropriate for their holidays?
It can be said that ethics is a set of moral principles underpinning the concept of right and wrong. Whether an action is actually right or wrong depends on which of the following?
Select ALL that apply.
Corporate governance in the UK, that provides guidance regarding areas such as directors, internal controls and remuneration, is largely defined by which of the following?
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?
Which of the following is associated with the control activity of the finance function?
DPC is a home appliance online retailer keen to utilise data and connectivity in its operations
The company has recently introduced a live tracking system of all deliveries to its customers via its website
Which of the following will be the man benefit to DPC?
N is working on a project management team for the first time and is aware that there are distinct stages that follow on consecutively in the project management process However, N is unsure of the exact order of these stages
Which of the following indicate the project management stages in the correct order?
