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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:
Feb 10, 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

A large department store has just discovered that the staff in the store coffee shop have been defrauding the company for the past three years. The six employees who work in the coffee shop have been keeping a proportion of the cash takings, concealing the theft by not recording all sales up in the till They shared the proceeds of this fraud between them The fraud was only uncovered when one of the employees left and his replacement reported the theft to management rather than becoming involved in the crime

Which of the following best describes the role of the store's internal controls in the context of this fraud?

Options:

A.

The store's board of directors should face disciplinary action for failing to prevent this fraud

B.

The coffee shop should be closed down because it is impossible to control its revenues.

C.

Even a well-designed system can be overridden by collusion between employees

D.

This fraud indicates that there are serious shortcomings in the store's system of internal controls

Question 3

ABC is a large supermarket chain which also has online shopping and home deliveries It has a 24/7 service which runs on a central server allowing all customers to enter new orders at any time This is a business critical service which, if not available, may lead to customers turning to alternative supermarket chains offering similar services, resulting in immediate turnover loss and possible long term customer loss.

ABC is contemplating the implementation of a hot standby facility, not only to cover for emergency disaster recovery, but also to allow for business continuity, allowing necessary maintenance and updates without service interruption.

Which of the following cybersecurity objectives is ABC concerned about in this scenario?

Options:

A.

Integrity of data

B.

Integrity of processing

C.

Availability

D.

Confidentiality