CIMAPRA19-P03-1 Exam - Topic 2 Question 34 Discussion

Actual exam question for CIMA's CIMAPRA19-P03-1 exam

Question #: 34
Topic #: 2

TDC is a company which runs gas-fired power stations in western Europe. The Risk Committee has just received a report that a power station built to the same design and specification in a developing country has recently collapsed. The causes of the collapse are unclear but the consequences for TDC would be catastrophic if something similar were to happen in Europe

Which of the following actions being considered by the Risk Committee are ethical?

Select ALL that apply

ACommission a reputable firm of structural engineers to carry out a review of all power stations owned by TDC

BSend experts employed by TDC to the site of the collapse so that they can gather information first hand on what happened

CDraw up contingency plans in case some of TDC's power stations need to be shut down

DDecide that the information available to date is too uncertain to take any action for now

EAttempt to increase the level of insurance cover against this type of eventuality

FIssue a press release confirming that all TDC's power stations are 'entirely safe'.

Show Suggested Answer

Suggested Answer: A, B, C

by Matthew at Oct 19, 2023, 11:22 AM

Limited Time Offer

25%

Off

Get Premium CIMAPRA19-P03-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Andree

3 months ago

Issuing a press release claiming safety seems really risky.

upvoted 0 times

...

Julio

3 months ago

Contingency plans are a must, can't be too careful!

upvoted 0 times

...

Margurite

3 months ago

Not sure if sending TDC experts to the site is the best idea...

upvoted 0 times

...

Amina

4 months ago

Totally agree, they need to be proactive!

upvoted 0 times

...

Teri

4 months ago

A review by structural engineers sounds like a smart move.

upvoted 0 times

...

Laticia

4 months ago

I feel like deciding to take no action because of uncertainty could be seen as unethical. We have a responsibility to ensure safety, right?

upvoted 0 times

...

Carmela

4 months ago

Drawing up contingency plans sounds like a responsible action, but I wonder if it could be seen as admitting there's a problem.

upvoted 0 times

...

Deeanna

4 months ago

I'm not sure about sending our experts to the site. It seems like it could be ethical, but what if it distracts from addressing our own stations?

upvoted 0 times

...

Rolland

5 months ago

I remember discussing the importance of proactive measures in risk management, so I think commissioning a review by structural engineers is definitely ethical.

upvoted 0 times

...

Cassi

5 months ago

This is a complex situation, but I think the ethical path forward is clear. Commissioning an independent engineering review, planning for potential shutdowns, and increasing insurance coverage are all responsible and transparent actions that prioritize public safety.

upvoted 0 times

...

Daren

5 months ago

I'm a bit confused on how to approach this. There are a lot of factors to weigh, like the company's liability, public safety, and transparency. I'll need to really think through the ethical implications of each option.

upvoted 0 times

...

Lilli

5 months ago

Okay, let's see. Sending experts to investigate the collapse and increasing insurance coverage seem like responsible steps. But issuing a blanket safety statement without more information could be risky and unethical.

upvoted 0 times

...

Kasandra

5 months ago

This seems like a tricky ethical dilemma. I'd want to carefully consider the options and their potential consequences before deciding which ones are ethical.

upvoted 0 times

...

Veta

5 months ago

Hmm, this is a tough one. I think the key is to prioritize safety and transparency, while also considering the company's interests. A thorough engineering review and contingency planning seem like good starting points.

upvoted 0 times

...

Ena

5 months ago

Based on the requirement for asynchronous integration, I think the Batch data API is the way to go. It's designed for that type of integration scenario.

upvoted 0 times

...

Hillary

5 months ago

Hmm, I'm a bit unsure about this one. I know we need to unstage the file, but I'm not 100% sure which Git command to use. I'll take a closer look at the options and try to reason through it.

upvoted 0 times

...

Aretha

5 months ago

Hmm, I'm a bit unsure about this one. I know we covered twistcli commands in class, but I can't quite recall the specific syntax for scanning serverless functions. I'll have to think this through carefully.

upvoted 0 times

...

Rene

5 months ago

Hmm, I'm not too familiar with OSPF features in Cisco FMC and FTD. I'll need to think this through carefully.

upvoted 0 times

...

Glory

5 months ago

Okay, let's see. The key things the question is looking for are who informs the C&A participants about life cycle actions, security requirements, and documented user needs. I think I can narrow it down by considering which of these roles would be responsible for that kind of communication.

upvoted 0 times

...