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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?

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Suggested Answer: A, C, D

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

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Emile
23 days ago
Wait, there's a risk exam? I thought this was just a survey on how much we enjoy living on the edge. Guess I should have read the fine print.
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Tandra
24 days ago
D, all the way. Minimal risk, minimal effort. That's the lazy man's approach to risk management. Hey, it might work!
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Stephaine
28 days ago
Definitely B. Why worry about the big stuff when the little things are always happening? That's where the real action is, am I right?
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Nadine
14 hours ago
B) Risks which have a low impact but which arise frequently
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Norah
20 days ago
A) Risks which have a high impact and which may arise occasionally
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Graham
2 months 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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Marlon
10 days ago
User 2: Yeah, it's better to be prepared for them even if they don't happen often.
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Willard
14 days ago
User 1: I agree, those high-impact risks can really cause some serious damage.
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Paz
2 months 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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Maynard
8 days ago
I'm with you on that. It's all about balancing the different types of risks and making sure we're ready for anything.
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Raylene
9 days ago
I see your point, but I still think option D shouldn't be ignored. Even if they're unlikely, low-impact risks can still add up over time.
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Long
30 days ago
I think option A is important too. Even if they don't happen often, high-impact risks can really shake things up.
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Danica
1 months ago
I agree, option C is definitely the one to focus on. It's better to be prepared for the worst-case scenarios.
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Lucy
2 months 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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Effie
2 months ago
I disagree, I believe risks with low impact but high frequency should be the top priority.
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Kati
2 months ago
I think risks with high impact and low likelihood should be given highest priority.
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