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CIMA Exam CIMAPRO19-P03-1 Topic 2 Question 91 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam
Question #: 91
Topic #: 2
[All CIMAPRO19-P03-1 Questions]

Which TWO of the following are reasons for a company to comply with the Committee of Sponsoring Organisations of the Treadway Commission 2017 Enterprise Risk Management Framework (COSO Framework)?

Show Suggested Answer Hide Answer
Suggested Answer: C, E

Contribute your Thoughts:

Francoise
2 months ago
Complying with the COSO Framework? That's like having a crystal ball for your business - you can see the future and avoid all the pitfalls!
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Essie
2 months ago
I'm all about option A. If everyone in the company is on board with the internal controls, that's a recipe for success.
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Rutha
1 months ago
User 2
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Dylan
2 months ago
User 1
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Mireya
2 months ago
I believe complying with the COSO Framework can improve a company's reputation as well.
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Cecily
2 months ago
Answers B and D are the real gems here. Ensuring internal controls work and everyone understands the risk management system - that's the dream!
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Talia
2 months ago
Options C and E are the way to go. A good risk management structure and a boost in reputation? Sign me up!
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Luisa
1 months ago
Absolutely, complying with the COSO Framework can really benefit a company in multiple ways.
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Corrie
1 months ago
Definitely, it's all about managing risks effectively and maintaining a positive image in the eyes of stakeholders.
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Louvenia
1 months ago
I agree, having a solid risk management system and a good reputation are crucial for a company's success.
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Lavonna
2 months ago
E) Complying with the COSO Framework will improve a company's reputation
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Detra
2 months ago
A) Complying with the COSO Framework will mean there is a good structure to a company's risk management system
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Paris
2 months ago
I agree, having a solid risk management system and a good reputation can make a big difference.
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Ailene
2 months ago
Option C and E are definitely important for a company's success.
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Romana
2 months ago
I agree with you, Ronna. It also provides a good structure to a company's risk management system.
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Ronna
3 months ago
I think complying with the COSO Framework is important for ensuring internal controls work properly.
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Shenika
3 months ago
Complying with the COSO Framework is a no-brainer. It's like having a GPS for your business, keeping you on the right track.
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Barrett
2 months ago
C) Complying with the COSO Framework will mean there is a good structure to a company's risk management system
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Barrett
2 months ago
A) Complying with the COSO Framework will mean all employees of a company will comply with internal controls
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Kanisha
4 months ago
The COSO Framework is like a superpower for companies - it helps them manage their risks like a boss!
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Bette
2 months ago
C) Complying with the COSO Framework will mean there is a good structure to a company's risk management system
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Bette
3 months ago
A) Complying with the COSO Framework will mean all employees of a company will comply with internal controls
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