CIMA P3 Exam With Confidence Using Practice Dumps

Exam Code:

Exam Name:

Risk Management

Certification:

CIMA Strategic

Vendor:

CIMA

Questions:

339

Last Updated:

Jan 25, 2026

Exam Status:

Stable

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

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Risk Management Questions and Answers

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Question 1

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:

Doing so may improve independence.

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

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

Specialist skills may be more readily available.

Risk of staff turnover is passed to the outsource company.

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Question 2

ZZ is a data security company that is responsible for cyber security m a large shopping mall 21 uses Network Configuration Management (NCM) to assist it in meeting the various needs of the mall's user community.

Which THREE of the following are advantages provided by NCM?

Options:

NCM allows ZZ to prevent data corruption for different user groups in the mall

NCM allows ZZ to provide different service levels for different user groups in the mall

NCM allows ZZ to segregate traffic for different user groups in the mall

NCM allows ZZ to prevent scanners being used on the public WiFi for different user groups in the mall

NCM allows ZZ to restrict traffic for different user groups in the mall

NCM allows ZZ to stop malware from being spread for different user groups in the mall

Question 3

G plc has decided to move its production plant to overseas Country A. This would make the product cheaper to produce. The technology used to make the product is very advanced and some of the staff would have to move to Country A.

The Production Director has identified that there are some political risks in moving to Country A.

Match the methods of reducing the political risks associated with the move to Country A with the corresponding risks.