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CIMAPRO19-P03-1 Exam - Topic 4 Question 22 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam
Question #: 22
Topic #: 4
[All CIMAPRO19-P03-1 Questions]

With regard to the rote of the audit committee which of the following statements are correct? Select ALL that apply

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Suggested Answer: D, E, F

by Rima at May 04, 2022, 04:08 PM

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Glennis
4 months ago
Not sure about engaging consultants for business reviews, feels unnecessary.
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Blythe
4 months ago
Totally agree, they should provide whistleblowing arrangements!
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Jamal
4 months ago
Wait, can the audit committee really design internal controls? Seems off.
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Delsie
4 months ago
I think they should also decide on the need for an internal audit function.
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Audrie
5 months ago
The audit committee definitely reviews internal audit effectiveness.
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Tasia
5 months ago
Hmm, I'm a bit unsure about this one. Increasing the logging level to get more detailed trace information sounds useful, but I'm not sure which property file would be the right one to update. I'll have to think this through carefully.
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Malika
5 months ago
I think I remember something about bias being reduced with more complex models, so maybe option C makes sense, but I'm not completely confident.
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Sarina
5 months ago
I'm a little confused by this question. There are a lot of different Salesforce tools and features mentioned, and I'm not sure how they all fit together. I think I'll need to review the material on automated campaigns and customer re-engagement before I feel confident answering this.
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Janae
5 months ago
This question feels familiar. I think there was a similar practice one about exporting configs, but I can't recall the specific format. Might be JSON or XML?
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Sherman
5 months ago
I can't recall if low bandwidth cost is a direct factor in this context. I feel like I'd need to review the practical impacts of BGP access more thoroughly.
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Jacquline
5 months ago
Okay, let me think this through step-by-step. The key details are that Honor establishes a fund at the beginning of the period, and any remaining funds are paid out to the providers at the end. So it seems like this is some kind of risk-sharing arrangement, where the providers are taking on some of the risk. I'm leaning towards either B or D as the correct answer.
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