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CIMAPRA19-P03-1 Exam Questions

Exam Name: P3 Risk Management (Online)
Exam Code: CIMAPRA19-P03-1
Related Certification(s): CIMA Professional Qualification Certification
Certification Provider: CIMA
Number of CIMAPRA19-P03-1 practice questions in our database: 275 (updated: Jul. 21, 2024)
Expected CIMAPRA19-P03-1 Exam Topics, as suggested by CIMA :
  • Topic 1: Evaluate the source and impact of reputational risks/ Analyse risks associated with formulating strategy
  • Topic 2: End of topic revision and question practice/ Review cyber security processess
  • Topic 3: Recommend internal controls for risk management/ Analyse Source and Types of Risk
  • Topic 4: Revise and practice questions under exam conditions/ Discuss ways of managing Risks
  • Topic 5: Discuss various issues relating to internal audit in organisations/ Evaluate cyber risk reporting
  • Topic 6: Discuss cyber security tools and techniques/ Analyse internal control systems Explain Governace Risks/ Analyse cyber Threats/ Enterprise Risk
Disscuss CIMA CIMAPRA19-P03-1 Topics, Questions or Ask Anything Related

Santos

22 days ago
Just passed the CIMA P3 Risk Management exam! Be prepared for questions on enterprise risk management frameworks. You might encounter scenario-based questions asking you to identify and assess key risks in a given business situation. Focus on understanding how to apply ERM concepts in practical contexts. Thanks to Pass4Success for their spot-on practice questions that helped me prepare efficiently!
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Free CIMA CIMAPRA19-P03-1 Exam Actual Questions

Note: Premium Questions for CIMAPRA19-P03-1 were last updated On Jul. 21, 2024 (see below)

Question #1

TDC is a company which runs gas-fired power stations in western Europe. The Risk Committee has just received a report that a power station built to the same design and specification in a developing country has recently collapsed. The causes of the collapse are unclear but the consequences for TDC would be catastrophic if something similar were to happen in Europe

Which of the following actions being considered by the Risk Committee are ethical?

Select ALL that apply

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Correct Answer: A, B, C

Question #2

Y Company wishes to recruit an employee who will have responsibility for the receipt and handling of cash

From the point of view of the internal auditor which THREE of the following would be most likely to provide useful information about the candidate"?

Reveal Solution Hide Solution
Correct Answer: B, C, E

Question #3

TDC is a company which runs gas-fired power stations in western Europe. The Risk Committee has just received a report that a power station built to the same design and specification in a developing country has recently collapsed. The causes of the collapse are unclear but the consequences for TDC would be catastrophic if something similar were to happen in Europe

Which of the following actions being considered by the Risk Committee are ethical?

Select ALL that apply

Reveal Solution Hide Solution
Correct Answer: A, B, C

Question #4

Smalltown had a problem with people parking cars on the town's mam shopping streets instead of in the nearby car parks The parked cars created congestion and made it difficult for delivery vehicles to unload Smalltown's local government had employed traffic wardens to enforce parking regulations by issuing parking fines to motorists who parked for more than the permitted 30 minutes.

The local government took further action to deal with this problem It banned parking on the busiest streets, it introduced parking charges in the remaining streets and it made it free to park m the town's car parks for up to two hours Fewer people now park cars on the streets because of the charges, but those who do generate significant revenues for the local government Fewer traffic wardens are required and so wage costs have reduced

The local goverment auditors have decided to carry out a value for money audit of the parking system

Which of the following is a measure of effectiveness?

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Correct Answer: A

Question #5

T has its computer facilities in a building adjacent to its headquarters Severe structural problems have been discovered with this building and T has been advised that the only option is demolition and rebuild This leaves T with strategic decisions to make about its IT provision and it has decided to investigate the outsourcing of its services

Which TWO of the following factors should T consider as most important at this stage?

Reveal Solution Hide Solution
Correct Answer: D, E


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