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CIMAPRO19-P01-1 Exam - Topic 7 Question 123 Discussion
CIMAPRO19-P01-1 Exam - Topic 7 Question 123 Discussion
Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 123
Topic #: 7
[All CIMAPRO19-P01-1 Questions]
Which of the following distinguishes risk from uncertainty?
A
Risk can be quantified whereas uncertainty cannot.
B
Risk can have both upside and downside whereas uncertainty is always downside.
C
Risk should be taken into account in decision making whereas uncertainty should not.
D
Risk is relevant to financial decisions whereas uncertainty is relevant to non-financial.
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Suggested Answer:
A
by
William
at
Apr 02, 2026, 01:37 AM
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Lenna
4 days ago
I’m a bit confused about the difference between risk and uncertainty. I thought both could have upsides and downsides, but maybe I’m mixing them up.
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Edelmira
9 days ago
I feel like I’ve seen a question similar to this before, and I think option A makes the most sense because risk is often measured in financial terms.
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Peter
14 days ago
I think I remember that risk can be quantified, but I'm not sure if uncertainty is always unquantifiable.
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Lenna
4 days agoEdelmira
9 days agoPeter
14 days ago