Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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

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)?
C) Complying with the COSO Framework will mean there is a good structure to a company's risk management system and E) Complying with the COSO Framework will improve a company's reputation
A) Complying with the COSO Framework will mean all employees of a company will comply with internal controls
B) Complying with the COSO Framework will mean that a company's internal controls will work properly
D) Complying with the COSO Framework will mean that all staff will understand a company's risk management system

CIMAPRO19-P03-1 Exam - 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

by Lawana at Apr 29, 2025, 10:01 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRO19-P03-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Gladys
7 months ago
Not sure about D, can you really ensure everyone understands?
upvoted 0 times
...
Carmela
7 months ago
B is a must! Proper controls are essential for success.
upvoted 0 times
...
Sherita
7 months ago
I think C is spot on! Good structure is key.
upvoted 0 times
...
Elenora
8 months ago
Totally agree with E, reputation matters!
upvoted 0 times
...
Lura
8 months ago
Wait, does compliance really guarantee all employees will follow the rules?
upvoted 0 times
...
Glen
8 months ago
I’m leaning towards options C and E, but I’m not entirely confident about whether the framework ensures that internal controls will work properly.
upvoted 0 times
...
Heidy
8 months ago
I practiced a similar question, and I feel like improving a company's reputation could be a valid reason, so maybe option E is one of the answers.
upvoted 0 times
...
Audra
8 months ago
I think option C makes sense because a good structure is essential for effective risk management, but I’m a bit uncertain about the specifics.
upvoted 0 times
...
Beckie
9 months ago
I remember that the COSO Framework is all about improving risk management, but I'm not sure if it guarantees that all employees will comply with internal controls.
upvoted 0 times
...
Jose
9 months ago
This is a good opportunity to demonstrate my understanding of internal controls and risk management frameworks. I'll select the two most relevant reasons and explain my reasoning in the exam.
upvoted 0 times
...
Paris
9 months ago
I've reviewed the COSO Framework before, so I feel confident I can identify the top two reasons for a company to comply. I'll select those and move on to the next question.
upvoted 0 times
...
France
9 months ago
I'm a bit confused by the wording of some of these options. I'll need to re-read them carefully to determine which two are the most accurate reasons for compliance.
upvoted 0 times
...
Lynsey
9 months ago
Okay, let's think this through. The question is asking for two reasons a company would comply with the COSO Framework, so I need to identify the best two options from the choices provided.
upvoted 0 times
...
Ammie
10 months ago
This COSO Framework question seems straightforward, but I want to make sure I understand the key points before selecting my answers.
upvoted 0 times
...
Francoise
1 year 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!
upvoted 0 times
...
Essie
1 year 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.
upvoted 0 times
Rutha
1 year ago
User 2
upvoted 0 times
...
Dylan
1 year ago
User 1
upvoted 0 times
...
...
Mireya
1 year ago
I believe complying with the COSO Framework can improve a company's reputation as well.
upvoted 0 times
...
Cecily
1 year 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!
upvoted 0 times
...
Talia
1 year ago
Options C and E are the way to go. A good risk management structure and a boost in reputation? Sign me up!
upvoted 0 times
Luisa
1 year ago
Absolutely, complying with the COSO Framework can really benefit a company in multiple ways.
upvoted 0 times
...
Corrie
1 year ago
Definitely, it's all about managing risks effectively and maintaining a positive image in the eyes of stakeholders.
upvoted 0 times
...
Louvenia
1 year ago
I agree, having a solid risk management system and a good reputation are crucial for a company's success.
upvoted 0 times
...
Lavonna
1 year ago
E) Complying with the COSO Framework will improve a company's reputation
upvoted 0 times
...
Detra
1 year ago
A) Complying with the COSO Framework will mean there is a good structure to a company's risk management system
upvoted 0 times
...
Paris
1 year ago
I agree, having a solid risk management system and a good reputation can make a big difference.
upvoted 0 times
...
Ailene
1 year ago
Option C and E are definitely important for a company's success.
upvoted 0 times
...
...
Romana
1 year ago
I agree with you, Ronna. It also provides a good structure to a company's risk management system.
upvoted 0 times
...
Ronna
1 year ago
I think complying with the COSO Framework is important for ensuring internal controls work properly.
upvoted 0 times
...
Shenika
1 year 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.
upvoted 0 times
Barrett
1 year ago
C) Complying with the COSO Framework will mean there is a good structure to a company's risk management system
upvoted 0 times
...
Barrett
1 year ago
A) Complying with the COSO Framework will mean all employees of a company will comply with internal controls
upvoted 0 times
...
...
Kanisha
1 year ago
The COSO Framework is like a superpower for companies - it helps them manage their risks like a boss!
upvoted 0 times
Bette
1 year ago
C) Complying with the COSO Framework will mean there is a good structure to a company's risk management system
upvoted 0 times
...
Bette
1 year ago
A) Complying with the COSO Framework will mean all employees of a company will comply with internal controls
upvoted 0 times
...
...

Save Cancel