CIMAPRO19-P03-1 Exam - Topic 1 Question 9 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam

Question #: 9
Topic #: 1

HGY is a major global corporation that has decided to implement the COSO Enterprise Risk Management Framework and integrate management practices throughout the organisation

Which THREE of the following would be appropriate for HGY?

AAuthorise managers and supervisors to respond immediately to any risks that emerge

BMake risk management an element of everyone's responsibility

CRecruit a Director of Risk, who will lead risk management procedures.

DTrain staff at all levels to identify and report risks to their superiors

ECreate a risk management team that will take responsibility for identifying and mitigating risk

FIdentify risk as an element of HGY's overall strategy.

Show Suggested Answer

Suggested Answer: B, E, F

by Sue at May 05, 2022, 07:52 PM

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Tiffiny

4 months ago

E seems too narrow, risk should be everyone's job, not just a team.

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Von

4 months ago

D is a must! Training is essential for spotting risks.

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Pok

4 months ago

Wait, can a single Director really handle all that?

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Tiara

4 months ago

A sounds good, quick responses are key.

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Paola

5 months ago

Definitely B, everyone should be involved in risk management!

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Cherrie

5 months ago

Hmm, this seems straightforward. I think the answer is A - a custom namespace for the memberid, since that's the unique user ID for customers from Google organic search.

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Hillary

5 months ago

Ah, I see. The key is to make sure the updates are downloaded and ready to go before running the scheduled task. Option B looks like the way to go.

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Elke

5 months ago

I feel like recycled paper is definitely about social responsibility, but I'm torn between A and D for this question. They both seem important, but maybe B is the odd one out?

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