Real CIMA E1 practice exam questions for easy pass!
Last Updated: Sep 04, 2026
No. of Questions: 335 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Role of the Finance Function | 30% | - Purpose and activities of the finance function
|
| Technology in a Digital World | 30% | - Digital technologies and data
|
| Shape and Structure of the Finance Function | 20% | - Finance operating models
|
| Data and Information in a Digital World | 20% | - Data-driven decision making
|
Question 1
Which of the following is NOT a feature of a strategic level information system?
A. It has a long term focus.
B. It handles information which is valid for the whole organisation.
C. It has high levels of uncertainty and subjectivity.
D. It helps middle managers to monitor and control.
Question 2
Which of the following is associated with the control aspect of the finance function?
A. Investment decisions
B. Strategy formulation
C. Amendment of original budgets
D. Pricing decisions
Question 3
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?
A. Physical
B. Logical
C. Visual
D. Conceptual
Question 4
A cut-flower production business has peaks of demand around special days in the year that celebrate religious festivals. Which of the Four Vs of operations is being described in the above scenario?
A. Variation
B. Velocity
C. Volume
D. Variety
Question 5
Which of the following best describes a virtual team formed by individuals from different companies to achieve a common aim?
A. Inter-organisation
B. Functional
C. Extended supply chain
D. Matrix-structure organisation
Solutions:
| Question 1 Answer: D | Question 2 Answer: C | Question 3 Answer: D | Question 4 Answer: A | Question 5 Answer: A |
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