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.
Company XYZ has just launched an innovative technology device, designed to appeal to those consumers who want to be seen with the latest products. Which of the following pricing strategies would be most suitable at the time of the product's launch?
Which of the following specifically describes experiential marketing?
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?
Which of the following is NOT a component of the working capital cycle?
Which of the following is NOT a feature of a knowledge management system specific to a particular organisation?
Material requirements planning (MRP I) and manufacturing resource planning (MRP II) are computerised systems used for planning the requirements for raw materials, work-in-progress and finished items and integrating with other production processes. These systems enable strong relationships to be forged with suppliers as orders can be placed with suppliers in good time to fulfill customer requirements and expectations, as well as other processes related to materials planning. Which of the following specifically can MRP I and MRP II NOT assist with?
Assessment centres can use a range of techniques to assess an applicant's competencies against pre-set criteria. Which document would set out the competencies required for them to compare against?
Human Resource Management (HRM) and Personnel are different.
Which of the following is NOT a characteristic of Human Resource Management (HRM)?
A is developing a new mission statement. Which TWO of the following should NOT be included?
LFN is a tuition provider
The finance function has recently migrated all accounting systems onto cloud software which is expected to considerably streamline the existing systems.
The Managing Director is keen to promote the benefits of the new software in terms of increased accuracy of reporting and availability of real time management information.
However, the Finance Director has concerns and is feeling pressured to keep quiet about the ability of the technology to achieve all that is expected
Which of the following ethical principles is highlighted within LFN?
The structure of an organisation is likely to change as the organisation develops and grows. Which type of structure is associated with an organisation which is in its early days?
XBY has recently started making use of big data analytics to assist in producing market predictions It is using software to process large data sets by utilising multiple servers simultaneously.
Which of the following best describes the term for this software?
'A mam stakeholder of the finance function typically enquires about the prospects of the business, alongside overall performance and feedback on the leadership team'
Which of the following stakeholders is being discussed?'
There are four approaches to system changeover, each of which varies in terms of risk, cost and time. When there is a need to minimise costs and time the most suitable approach would be:
The finance function of Company E are considering using blockchain technology for its ledger systems Which of the following will be an advantage of introducing this technology?
An internal audit department is set up to help prevent fraud. Which of the following are possible implications if fraud is allowed to take place?
Select ALL that apply.
The directors of JES are keen to ensure that expenditure on marketing campaigns is generating additional sales for the company Which of the following KPIs would be appropriate for the directors of JES?
Which of the following best describes the concept of corporate digital responsibility?
Company Y is looking into relocating its production from Country P to neighbouring Country O. After researching the cost of production, this move gives the benefit of reduced material and labour costs which more than off-set the costs of transferring the finished goods back into Country P for sale. The decision to relocate the production is classified as which of the following options?
Which TWO of the following are important aspects of the product in the marketing mix?
