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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:
Mar 11, 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

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

N, a large company in the food production industry, has grown over the years by the acquisition of several smaller rivals. The company has ten branches located in its home country and has just opened a foreign branch for the first time. It has recently made some changes to the structure and implementation of its control system.

 Which TWO of these would be most likely to improve the overall control system?

Options:

A.

Establishing an Internal Audit department.

B.

Purchase invoices are now approved for payment at branches and a list of approved invoices are sent to head office for payment. The invoices, supporting documentation and suppliers' statements are retained at the branches.

C.

Excess funds are now invested, by the Finance Director, in short-term securities. The Finance Director initiates buy and sell transactions and she also receives and retains all correspondence relating to the investments.

D.

A policy has been initiated to complete a physical inventory of all non-current assets at least annually. This is then reconciled with the non-current asset register.

E.

N has just opened a bank account in the currency in which the newly opened branch is now operating.

Question 3

Company H operates a fleet of lorries. The Internal Auditor recently conducted an investigation into the transport needs of the company. Their report recommended that the lorries be disposed of, the drivers made redundant, and the distribution of the company's products be outsourced.

The type of investigation carried out by the Internal Auditor is best described as a:

Options:

A.

Compliance Audit

B.

Economy Audit

C.

Efficiency Audit

D.

Effectiveness Audit

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