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CIMA P3 Exam With Confidence Using Practice Dumps

Exam Code:
P3
Exam Name:
Risk Management
Certification:
CIMA Strategic
Vendor:
CIMA
Questions:
339
Last Updated:
Jul 14, 2026
Exam Status:
Stable
CIMA P3

P3: CIMA Strategic Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the CIMA P3 (Risk Management) exam? Download the most recent CIMA P3 braindumps with answers that are 100% real. After downloading the CIMA P3 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIMA P3 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIMA P3 exam on your first attempt, we have compiled actual exam questions and their answers. 

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Risk Management Questions and Answers

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Question 1

Match the descriptions shown in the boxes below with the method of quantifying risk exposure it best describes.

Options:

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Question 2

You are the Management Accountant for P, a food manufacturing company with an annual sales revenue of $5 million.

You discover that the Production Manager's records are inconsistent. Raw materials purchased do not agree to the total recorded for transfers to production plus wastage. There is an average shortfall of 2% of purchases.

You investigated and discovered that there are often mistakes made during manufacturing that results in food that is safe to eat, but cannot be sold because of visual flaws. The Production Manager is supposed to scrap all such damaged product and write all such losses off as waste, but you discovered that he has been giving the damaged food to a charity that assists homeless people. No records are made of such gifts in order to conceal the losses due to manufacturing errors.

What should you do?

Options:

A.

Do nothing, this is a good cause and the amount is insignificant.

B.

Instigate disciplinary action, this is both theft and poor management.

C.

Instigate a confidential, but documented, review with the Production Manager and tell him to stop.

D.

Instigate a review of the production process to potentially reduce the amount of wastage.

E.

Instigate a process whereby edible but unsellable items can be given to the charity officially.

Question 3

CH makes a popular type of chocolate bar The bars are made on a production line and are scanned for size and shape as they move along the line Wrong sized and misshapen bars are rejected as being poor quality. The scanner detects 90% of poor quality bars. If CH wants to reduce the risk of poor quality bars being sold to the public it can add a further check by a person scanning the production line as well. this check would detect 80% of poor quality bars

If the further check was implemented what percentage of poor quality bars would still get through the checking process?

Options:

A.

7.2%

B.

10%

C.

30%

D.

2%

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