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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:
Nov 29, 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. 

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Risk Management Questions and Answers

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Question 1

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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Question 2

D plc is a public relations company. Shares in D plc have recently been listed on the UK stock exchange.

D plc has an internal audit department that reports to the Chief Executive Officer (CEO). The CEO is considering outsourcing internal audit to an audit firm, which would not be the firm that conducts D plc's external audit.

Identify THREE advantages to D plc of outsourcing internal audit in this way.

Options:

A.

Doing so may improve independence.

B.

Decisions relating to internal audit can be based solely on cost.

C.

Internal audit will have a better understanding of D plc's objectives and culture.

D.

Specialist skills may be more readily available.

E.

Risk of staff turnover is passed to the outsource company.

Question 3

Company N is considering opening another production plant in Northland, a country 2000 km from its current production plant location N would also sell its products in Northland

Which TWO of the following are business risks'

Options:

A.

The risk that it may be difficult to sell its products in Northland.

B.

The risk that Northland may not be able to support N's technology requirements.

C.

The risk that the Northland currency may strengthen making it expensive.

D.

The risk that interest rates may rise making N's loans expensive.

E.

The risk that Northland's government may introduce policies that would be unfavorable to N.

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