CIMA Exam CIMAPRA19-P03-1 Topic 4 Question 53 Discussion

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

Question #: 53
Topic #: 4

[All CIMAPRA19-P03-1 Questions]

Which of the following risks should be given highest priority?

ARisks which have a high impact and which may arise occasionally

BRisks which have a low impact but which arise frequently

CRisks which have a high impact and have a low likelihood of arising

DRisks which have a low impact and a low likelihood of arising

Show Suggested Answer

Suggested Answer: A, C, D

by Bettye at Aug 23, 2024, 08:15 PM

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16 hours ago

Hmm, I'm torn between A and C. But I think I'll go with A. Those occasional high-impact risks can really mess you up if you're not proactive.

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8 days ago

Option C, of course! High-impact risks are the ones that keep me up at night, even if they're unlikely. Gotta be prepared for the big ones!

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12 days ago

I think risks with high impact and occasional occurrence should be the focus, as they can have the most severe consequences.

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16 days ago

I disagree, I believe risks with low impact but high frequency should be the top priority.

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17 days ago

I think risks with high impact and low likelihood should be given highest priority.

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