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CIMA P3 Exam With Confidence Using Practice Dumps

Exam Code:
P3
Exam Name:
Risk Management
Certification:
Vendor:
Questions:
339
Last Updated:
May 25, 2026
Exam Status:
Stable
CIMA P3

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

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Risk Management Questions and Answers

Question 1

NLC, a retail chain, is considering moving its information systems which support its point of sale infrastructure into the cloud.

Which TWO factors should it consider in choosing its supplier?

Options:

A.

Cheapest option offered

B.

Certified security

C.

Proximity of facilities to head office

D.

Robust service level agreement

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Question 2

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%

Question 3

Zia is an accountant and wishes to take out a Forward Rate Agreement (FRA) as a hedging instrument. The company treasurer has advised that a short-term interest rate (STIR) future would be better.

Which of the following is true of an STIR?

Options:

A.

A STIR can be tailored to the exact needs of the company.

B.

A STIR is flexible and the position can be closed quickly and easily.

C.

A STIR must be kept for the whole duration of the contract.

D.

If interest rates have gone down the price of the future will have fallen.