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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:
Apr 21, 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

DFG is the largest bridge-building company in its home country, H. DFG works exclusively for the government of country H and the government awards DFG 80% of the contracts to build new bridges.

DFG's directors are considering using the big data approach to identify opportunities to increase sales revenues and profit.

Which of the following statements are true?

Options:

A.

Big data has the potential to identify ways in which DFG can reduce construction costs.

B.

DFG should supplement its existing databases in order to enhance the benefit from big data.

C.

The big data approach may help DFG to price contract bids more accurately.

D.

Big data has the potential to identify ways in which DFG can increase sales.

E.

It would be unethical for DFG to use big data in order to compete even more effectively with its rivals.

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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

The Head of IT Security has been asked to conduct a detailed forensic analysis of a suspected data breach that ted to customer credit card details being intercepted.

Which TWO of the following would be suitable objectives for such a forensic analysis?

Options:

A.

Recovering the stolen credit card details before they can be abused by criminals

B.

Developing an understanding of the vulnerabilities that led to the breach

C.

Identifying customers whose details have been stolen

D.

The collection of evidence that can be used to convict the perpetrators of the breach.

E.

Preventing the credit card companies from blaming the entity for fraudulent charges