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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:
May 26, 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

Which of the following are objectives of the audit planning procedure?

Options:

A.

To work out the time and resources required for the audit.

B.

To perform substantive tests.

C.

To work out how audit evidence will be obtained.

D.

To perform analytical review to identify possible areas for investigation.

E.

To set out how audit objectives will be achieved.

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Question 2

L is a specialist deep sea diving company The company specialises in challenging tasks that are often rejected by other companies as being too risky Most assignments are difficult and some are very dangerous L has very experienced divers who are highly trained and are safety conscious In spite of the dangerous work, L has an excellent success rate and is highly sought after L charges very high fees for its work Despite L's precautions, the likelihood of accidents is high and the consequences are also high L has an excellent insurance which has always been very expensive but the price has just been increased by 40%

Which of the following is correct?

Options:

A.

L should cease trading

B.

L should pay the very high insurance premiums demanded by its insurance company

C.

L should diversify into low risk diving contract s.

D.

L should stop accepting these risky contracts.

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

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