CertsTopics Logo

New Year Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

CIMA P3 Exam With Confidence Using Practice Dumps

Exam Code:
P3
Exam Name:
Risk Management
Certification:
CIMA Strategic
Vendor:
CIMA
Questions:
339
Last Updated:
Dec 15, 2025
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. 

Our (Risk Management) Study Materials are designed to meet the needs of thousands of candidates globally. A free sample of the CompTIA P3 test is available at CertsTopics. Before purchasing it, you can also see the CIMA P3 practice exam demo.

Get P3 Full Access

Related CIMA Exams

Risk Management Questions and Answers

Get Free P3 Questions and Answers
Question 1

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.

Buy Now
Question 2

HBN is a service company that offers cloud-based data storage and management on behalf of clients HBN pays an independent accountancy firm to review its cybersecurity arrangements, conduct penetration tests and report to HBN's Board on the results

Which TWO of the following are correct?

Options:

A.

Potential clients for HBN's services will expect to receive copies of these independent reports immediately after they are submitted.

B.

The independent accountancy firm will disclose all of the shortcomings that it identifies in its report, even if they embarrass HBN

C.

HBN could save time and reduce cost by having its own internal audit department conduct these investigations and report accordingly.

D.

It would prove simpler for HBN to permit clients to conduct their own cybersecurity reviews that would take account of the sensitivity of their data

E.

The independent accountancy firm will guarantee that there are no control weaknesses in HBN's systems, provided its results prove satisfactory

Question 3

YHJ is considering an investment in a project that will cost $20 million. Annual fixed costs will be $12 million per year, excluding depreciation. Annual sales are forecast at 5 million units, with a contribution per unit of $8. After five years the equipment will be worn out and YHJ will have to spend $50 million on disposal costs. The discount rate is 10%.

Calculate the sensitivity of the net present value of this project to a 20% increase in the disposal costs.

Options:

A.

11%

B.

13%

C.

31%

D.

20%

Get Free P3 Questions and Answers