CIMA P3 Exam With Confidence Using Practice Dumps

Exam Code:

Exam Name:

Risk Management

Certification:

CIMA Strategic

Vendor:

CIMA

Questions:

339

Last Updated:

Aug 6, 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

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:

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

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

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

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

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

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Question 2

TT is a jewellery manufacturer in country A It makes jewellery from precious metals and stones and sells it to shops in country A and also overseas It is the 3rd largest company in country A with a huge turnover

TT has found it very difficult to prevent staff committing fraud and last year the Board was sure that the year end inventory was lower than it should have been Gross profit was also slightly lower than expected

Which TWO of the following internal controls would be most effective in helping to reduce staff fraud within TT?

Options:

Carry out inventory checks daily to make sure the correct quantity of materials is being used every day and the correct number of items are being produced

Employ two more managers to watch the staff working and look for them stealing items

Have a senior manager such as the Production Director to supervise the workshop at all times

Install-several CCTV cameras in the workshop

Perform random checks of staff bags as they leave work and ensure the staff all wear overalls provided by the company in the workshop Their own clothes must be left in lockers during working hours

Question 3

Match the descriptions shown in the boxes below with the method of quantifying risk exposure it best describes.