P3 LATEST CRAM MATERIALS | P3 VALID STUDY GUIDE

P3 Latest Cram Materials | P3 Valid Study Guide

P3 Latest Cram Materials | P3 Valid Study Guide

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Tags: P3 Latest Cram Materials, P3 Valid Study Guide, Reliable P3 Test Question, P3 Latest Exam Question, P3 Exam Online

CIMA certification P3 exams has become more and more popular in the fiercely competitive IT industry. Although more and more people sign up to attend this examination of, the official did not reduce its difficulty and it is still difficult to pass the exam. After all, this is an authoritative test to inspect the computer professional knowledge and information technology ability. In order to pass the CIMA Certification P3 Exam, generally, many people need to spend a lot of time and effort to review.

What is CIMA P3: Risk Management Exam

CIMA P3 Risk Management Exam is a Certification exam in the Risk Management domain. It is a requirement for people who work in the risk management domain. CIMA P3 Risk Management Exam is an exam that asks you to analyze all risks involved in the company. The professionals that are responsible for this management don't only focus on the financial risks, but they also pay attention to the operational risk, information technology risks, and legal risks. CIMA P3 Dumps include all the relevant information related to this exam, including the most frequently searched content. We have developed the most accurate simulations, so you can practice without any problems.

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P3 Valid Study Guide, Reliable P3 Test Question

In fact, in real life, we often use performance of high and low to measure a person's level of high or low, when we choose to find a good job, there is important to get the P3 certification as you can. Our product is elaborately composed with major questions and answers. We are choosing the key from past materials to finish our P3 Guide question. It only takes you 20 hours to 30 hours to do the practice. After your effective practice, you can master the examination point from the P3 test question. Then, you will have enough confidence to pass it.

CIMA Risk Management Sample Questions (Q209-Q214):

NEW QUESTION # 209
B uses a balanced scorecard to monitor the performance of its divisions.
Classify each of the following decisions taken by a division's management team as either commercially sound or dysfunctional.

Answer:

Explanation:


NEW QUESTION # 210
HJK is a retailer, with more than 40 shops around the country. The directors suspect that a serious fraud has occurred at one of the branches and a team of internal auditors has been sent to investigate.
An analytical review investigation shows that sales revenue is in line with budget, but overtime payments to shop staff exceed budget by 20%.
How should the internal audit team proceed?

  • A. Increase the evaluation of inherent risk.
  • B. Conduct additional detailed testing of all figures.
  • C. Conduct additional detailed testing on overtime payments.
  • D. Increase the evaluation of control risk.

Answer: C


NEW QUESTION # 211
Which of the following scenarios might be relevant stress tests for a potential lender to conduct? Which TWO of the following answers are correct?

  • A. The potential borrower might lose its three main customers.
  • B. The potential borrower might have to agree to a major wage increase for its employees.
  • C. The potential borrower could be involved in an accounting scandal
  • D. The potential borrower might seek further debt in the future.
  • E. The potential borrower might have manipulated the figures in the loan application.

Answer: A,B


NEW QUESTION # 212
GUJ A small but rapidly expanding company has recently opened several branches in locations far away from the Head Office. All of the branches are relatively small with no one branch accounting for more than 5% of turnover. Management has decided that the company is not yet large enough to install an Internal Audit function but is, nonetheless, concerned about maintaining adequate control and monitoring at the branches whilst allowing Branch Managers the opportunity to react to local circumstances as appropriate.
Which of the following measures would assist Head Office management in maintaining appropriate monitoring and control at the branches?

  • A. Restricting the autonomy of individual Branch Managers to purely routine matters and instructing them to refer everything else to Head Office.
  • B. Establishing an open communication policy for employees at branches to allow them to contact Head Office on any matter that concerns them.
  • C. Arranging visits by senior management to each branch periodically.
  • D. Dealing with all Human Resource, recruitment, and similar issues directly from Head Office.
  • E. Instituting the use of a formalised budgetary control system at head office for all branches.

Answer: B,C,E


NEW QUESTION # 213
B, a construction company, has a policy of carrying out a post completion audit on every construction project undertaken where the value exceeds $1 million.
What is the role of the post completion audit?

  • A. To reward staff and celebrate success.
  • B. To apportion blame for things not done well.
  • C. To highlight what can be done to improve similar future projects.
  • D. To signify the end of the project.

Answer: C


NEW QUESTION # 214
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