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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)?

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Suggested Answer: C, E

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

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Gladys
2 months ago
Not sure about D, can you really ensure everyone understands?
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Carmela
2 months ago
B is a must! Proper controls are essential for success.
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Sherita
2 months ago
I think C is spot on! Good structure is key.
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Elenora
3 months ago
Totally agree with E, reputation matters!
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Lura
3 months ago
Wait, does compliance really guarantee all employees will follow the rules?
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Glen
3 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.
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Heidy
3 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.
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Audra
4 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.
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Beckie
4 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.
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Jose
4 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.
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Paris
4 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.
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France
4 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.
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Lynsey
5 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.
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Ammie
5 months ago
This COSO Framework question seems straightforward, but I want to make sure I understand the key points before selecting my answers.
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Francoise
8 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
8 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
7 months ago
User 2
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Dylan
8 months ago
User 1
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Mireya
8 months ago
I believe complying with the COSO Framework can improve a company's reputation as well.
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Cecily
8 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
8 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
7 months ago
Absolutely, complying with the COSO Framework can really benefit a company in multiple ways.
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Corrie
8 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
8 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
8 months ago
E) Complying with the COSO Framework will improve a company's reputation
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Detra
8 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
8 months ago
I agree, having a solid risk management system and a good reputation can make a big difference.
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Ailene
8 months ago
Option C and E are definitely important for a company's success.
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Romana
9 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
9 months ago
I think complying with the COSO Framework is important for ensuring internal controls work properly.
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Shenika
9 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
8 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
8 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
10 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
9 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
9 months ago
A) Complying with the COSO Framework will mean all employees of a company will comply with internal controls
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