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CIMA Exam CIMAPRO19-P03-1 Topic 3 Question 90 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam
Question #: 90
Topic #: 3
[All CIMAPRO19-P03-1 Questions]

K is a large mining company. Initsrisk reportitstates that there is a risk of accidents and injury because of the nature of the industry. Itstates thatithasstaff training in place and complieswith allHealth and Safety regulations but in spite of this there will still be a residual risk that accidents and injuries may occur.

Which of the followingstatements are correct?

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Suggested Answer: C, D, E

by Kasandra at Apr 04, 2025, 04:56 PM

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Gaston
11 days ago
Ha! I bet the shareholders would still invest even if there was a 'Godzilla-sized' residual risk. As long as the money's good, right?
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Vallie
16 days ago
This is a tricky one. I bet E is true - most mining companies probably have similar risk disclosures in their reports.
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Sylvia
21 days ago
D seems like the best choice to me. Accepting residual risk doesn't mean the company is being reckless, it's just being realistic.
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Misty
26 days ago
I disagree with B. The directors seem to be acknowledging the risks upfront, which is responsible, not avoiding their duties.
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Dorothy
19 days ago
A) The shareholders should not invest because there is still a residual risk.
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Magda
1 months ago
I believe most companies in this industry will have similar statements in their risk reports.
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Juliana
1 months ago
I agree with you, Denna. Accepting a residual risk does not mean the company is reckless.
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Alida
1 months ago
Hmm, I think C is the correct answer. Some risks can never be fully eliminated, especially in high-risk industries like mining.
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Dahlia
20 days ago
A) The shareholders should not invest because there is still a residual risk.
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Denna
2 months ago
I think statement C is correct. Some risks cannot be eliminated.
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