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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. In a manufacturing company, it is important to maintain the correct levels of inventory, with particular attention to holding and ordering costs. For each of the types of costs listed below, identify whether these are holding costs or ordering costs:

2. In preparation for GD Company's annual people resourcing meeting, PR is creating the HR Plan for the Finance Directorate. He is currently collecting information for the second stage of the plan i.e. Internal Analysis. Which THREE of the following will PR need information about for this stage?

A) Population trends
B) Levels of absenteeism
C) Identification of excess staff
D) Identification of shortages of staff
E) Turnover of staff
F) Staff potential

3. The development of technical maps of rules and data structures would be part of which level of a data modelling process?

A) Logical
B) Physical
C) Conceptual
D) Visualisation

4. Candidate testing often forms part of the selection process. XYZ is currently looking to recruit a Financial Analyst possessing advanced spreadsheet skills. You have been asked to devise a suitable selection test. Which of the following tests would be the most suitable?

A) Numeracy and literacy test
B) Cognitive test
C) Specific ability test
D) Personality test

5. Data warehousing is an essential element of the extraction transformation and loading process.
Which of the following best describes data warehousing?

A) Storing data in a systematic and logical way ready for further interrogation.
B) The process of harvesting data from source databases and locations.
C) Data being processed into the destination database ready for use.
D) Examining the data to understand its content formats and structure

Solutions: