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

HGY is a major global corporation that has decided to implement the COSO Enterprise Risk Management Framework and integrate management practices throughout the organisationWhich THREE of the following would be appropriate for HGY?
B) Make risk management an element of everyone's responsibility and E) Create a risk management team that will take responsibility for identifying and mitigating risk and F) Identify risk as an element of HGY's overall strategy.
A) Authorise managers and supervisors to respond immediately to any risks that emerge
C) Recruit a Director of Risk, who will lead risk management procedures.
D) Train staff at all levels to identify and report risks to their superiors

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

Actual exam question for CIMA's CIMAPRO19-P03-1 exam
Question #: 9
Topic #: 1
[All CIMAPRO19-P03-1 Questions]

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?

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Suggested Answer: B, E, F

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

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Tiffiny
10 months ago
E seems too narrow, risk should be everyone's job, not just a team.
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Von
10 months ago
D is a must! Training is essential for spotting risks.
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Pok
11 months ago
Wait, can a single Director really handle all that?
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Tiara
11 months ago
A sounds good, quick responses are key.
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Paola
11 months ago
Definitely B, everyone should be involved in risk management!
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Cherrie
11 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
11 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
11 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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