CIMA P3 Practice Exam Dumps 2025

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CIMA P3 Exam Dumps FAQs

Q. # 1: What is the CIMA P3 Exam?

The CIMA P3 Exam, also known as the Risk Management exam, is a part of the Chartered Institute of Management Accountants (CIMA) qualification. It focuses on identifying, evaluating, and managing risks within an organization.

Q. # 2: Who should take the CIMA P3 Exam?

The CIMA P3 exam is ideal for aspiring and practicing management accountants, financial analysts, and risk management professionals seeking the prestigious CIMA designation.

Q. # 3: What topics are covered in the CIMA P3 Exam?

The CIMA P3 exam covers topics such as risk identification, risk evaluation, risk management techniques, internal controls, and corporate governance.

Q. # 4: How many questions are on the CIMA P3 Exam?

The CIMA P3 Exam consists of 60 objective test questions.

Q. # 5: What is the duration of the CIMA P3 Exam?

The CIMA P3 Exam duration is 90 minutes.

Q. # 6: What is the passing score for the CIMA P3 Exam?

Candidates need to score at least 70% to pass the CIMA P3 Exam.

Q. # 7: What is the difference between CIMA P3 and F3 Exams?

The CIMA P3 (Risk Management) and CIMA F3 (Financial Strategy) exams are both part of the Chartered Institute of Management Accountants (CIMA) Professional Qualification, but they focus on different areas of business management. Here’s a comparison of the two:

CIMA P3 Exam: The CIMA P3 Exam emphasizes risk management and governance. It focuses on identifying, evaluating, and managing risks that could affect an organization. Topics include risk assessment, internal control systems, governance, ethics, and social responsibility.

CIMA F3 Exam: The CIMA F3 Exam is centered around financial strategy. It covers long-term financial decision-making, including raising finance, financial risk management, and evaluating corporate finance decisions such as mergers, acquisitions, and investment appraisals.

Q. # 8: Why choose CertsTopics for your CIMA P3 exam preparation?

At CertsTopics, we provide high-quality, fact-based P3 study materials tailored to your success. With our P3 exam dumps, practice tests, and questions and answers, you're equipped with everything you need to pass the P3 - Risk Management exam with ease.

Q. # 9: Does CertsTopics offer instant access to P3 study materials?

Yes, CertsTopics offers a smooth purchasing process. Simply add the desired P3 dumps material to your cart and proceed with payment for instant access to P3 PDFs and P3 testing engine.

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Risk Management Questions and Answers

Question 1

MNB is a multinational IT company with headquarters in Asia and with operations in all continents.

MNB is attempting to expand its operations in Europe. This is seen as a major challenge as the European market is very well developed and highly competitive.

MNB develops and manufactures its own products. Parts and assemblies are sourced across Asia, America and Europe. These are sometimes purchased locally as a condition of a contract, but MNB aims to include as much of its own equipment as possible. Transfer prices between MNB's subsidiaries can be set in YEN, USD, EURO, GBP. Transfer prices are revised every month in line with production times as most goods are made on short order with sales cycles running at 3-4 months.

What types of risk are being presented here?

Options:

Political risk

Currency risk

Economic risk

Environmental risk

Fraud risk

Legal risk

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Question 2

SC is a professional football club which is currently listed on a recognised stock exchange. There is a proposal that it builds a new stadium at a location a considerable distance from its current stadium.

There is strong support within the club for the move as the current ground is now over 40 years old and has not been extensively modernised in that time.

However, there is a lot of opposition to the move in the area where it is proposed to locate the new stadium. Objectors claim that the new stadium will increase traffic and pollution in the area and will adversely affect the value of their properties.

Which of the following statements about the responsibility of the board of SC is correct?

Options:

SC is now a listed company and so the board should prioritise the interests of shareholders to the exclusion of other stakeholders.

A football club needs to be part of the community in which it exists and so the board should consider the other stakeholders.

The board should conclude that objectors to the new stadium have a legal course of action open to them and if they do not take legal action they should ignore them.

If the board of directors is seen as acknowledging its responsibility to stakeholders other than shareholders this will enhance the reputation of the club and it will be more likely that a compromise can be reached with objectors.

The board should share information about the new development with the local community only to the extent that it is legally obliged to do so.

Question 3

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:

7.2%

10%

30%

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P3 Exam Dumps : Risk Management

CIMA Related Exams

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CIMA P3 Exam Dumps FAQs

Q. # 1: What is the CIMA P3 Exam?

Q. # 2: Who should take the CIMA P3 Exam?

Q. # 3: What topics are covered in the CIMA P3 Exam?

Q. # 4: How many questions are on the CIMA P3 Exam?

Q. # 5: What is the duration of the CIMA P3 Exam?

Q. # 6: What is the passing score for the CIMA P3 Exam?

Q. # 7: What is the difference between CIMA P3 and F3 Exams?

Q. # 8: Why choose CertsTopics for your CIMA P3 exam preparation?

Q. # 9: Does CertsTopics offer instant access to P3 study materials?

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Risk Management Questions and Answers

Options:

Answer:

Options:

Answer:

Options:

Answer:

CompTIA

Fortinet

Microsoft

Salesforce