CIMA Managing Finance in a Digital World : E1 test torrent

E1 Exam Simulator
  • Exam Code: E1
  • Exam Name: Managing Finance in a Digital World
  • Updated: May 30, 2026
  • Q & A: 335 Questions and Answers

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CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following is a disadvantage of outsourcing?

A) Transaction costs will arise as a consequence of the outsourcing agreement.
B) Outsourcing can remove uncertainty about cost.
C) Access to specialist knowledge is made possible.
D) It can save on costs by making use of a supplier's economies of scale.


2. The process of human resources planning would involve the following: strategic analysis, forecasting, job analysis and recruitment and training. Which THREE of the following are issues relevant to forecasting?

A) Appraisal
B) Divestments
C) New technology
D) Cost reduction plans
E) Induction
F) Rewards


3. C Company is a manufacturer of components for the electronics industry. Although enjoying healthy returns in the past, results for the last two years have shown a decline in profit. G has been brought in as the new Operations Manager. In her previous role, she was responsible for turning around a struggling organisation by using process mapping tools and she feels that this approach could also benefit her new company. Which of the following is NOT a feature of process mapping?

A) Establish what is currently happening and why
B) Identify the most suitable supplier of raw materials
C) Develop new improved processes to reduce or eliminate inefficiency
D) Measure how efficiently the process is working


4. One of the characteristics of Big Data is velocity. Which of the following most accurately defines what this means?

A) The speed of data creation
B) The validity of data
C) The different formats of data
D) The volume of the data


5. Company Q is a relatively small company but expanding quickly. In this period of rapid growth it feels that now is the time to add a Human Resource presence and support, but does not wish to add a permanent department within the organisational structure. What is the best option for Company Q?

A) Networked Human Resource department
B) Virtual Human Resource department
C) Project based Human Resource department
D) In-house Human Resource department


Solutions:

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

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