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CIMA P3 Study Test & Latest P3 Exam Papers

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The Chartered Institute of Management Accountants (CIMA) has designed the P3 certification exam to test the candidate's proficiency in risk management. The P3 exam offers advanced-level knowledge and skills to manage organizational risks effectively. Risk management is a complex process and is a critical component of any businesses' strategy. Obtaining the CIMA P3 certification offers recognition of a candidate's skills, knowledge and enhances their marketability.

CIMA P3 Certification Exam is an excellent choice for finance and accounting professionals who want to specialize in risk management. P3 exam covers a wide range of topics related to risk management and requires candidates to demonstrate their knowledge and skills in all these areas. Passing P3 exam is a significant achievement that demonstrates the candidate’s expertise in risk management and enhances their career prospects.

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Your Ultimate Resource Actual of CIMA P3 Questions

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CIMA P3 (Risk Management) Exam is an essential exam for those looking to become qualified management accountants. P3 exam is designed to assess your knowledge of risk and how it affects business decisions, as well as your ability to mitigate these risks. The P3 Exam is part of the CIMA Professional Qualification, which is highly respected in the accounting industry.

CIMA Risk Management Sample Questions (Q71-Q76):

NEW QUESTION # 71
BCD has set up a number of functions within its security operations centre (SOC) One of these is a Hunt team.
Which of the following is the primary function of a Hunt team?

A. To look for weaknesses in other peoples' systems
B. To look for solutions in response to threats.
C. To look for signs that BCD's system has been breached
D. To look for weaknesses in BCD's cyber security system.

Answer: D

NEW QUESTION # 72
Select the most appropriate level of responsibility for managing each of the following risks.

Answer:

Explanation:

NEW QUESTION # 73
C is a large international supermarket chain. It has many thousands of suppliers and many thousands of potential suppliers competing for shelf space m its supermarkets.
Which of the following provisions would be appropriate for C to include m its ethical code in relation to its suppliers?
Select ALL that apply

A. C shall insist on an exclusivity agreement with each supplier so that identical products are not available from other outlets
B. C shall keep confidential all information received from suppliers and potential suppliers
C. C shall endeavour to adhere to the terms of its contracts with its suppliers at all times
D. Cshall continuously remind suppliers that it always has several alternative suppliers to choose from.
E. C shall endeavour to take as high a percentage of each supplier's output as possible
F. C shall not use its buying power unscrupulously.

Answer: B,C,F

NEW QUESTION # 74
The Dean of Information Technology at Capital City University wishes to develop a degree in 'ethical hacking" Students will graduate from this course with the skills needed to develop malware, so that they have the ability to reverse engineer malicious software The Dean believes that there will be strong demand for such graduates from employers in IT security and related fields.
Which TWO of the following statements are correct?

A. The course should teach students to reverse engineer malware without enabling them to write malware
B. The academic staff teaching on this degree may struggle to keep up to date with the latest developments in malware
C. The University should not be equipping its students with skills that could be abused for the purposes of committing crime or causing harm
D. The University should conduct detailed background checks on applicants before they are admitted to this degree
E. Potential employers would be suspicious of job applicants whose choice of degree indicates an interest in malware

Answer: A,D

NEW QUESTION # 75
In relation to the use of the adjusted present value (APV) technique, which of the following statements are correct?

A. The interest tax shield on the project's debt must be known, or at least estimated.
B. To apply APV, the proportions of debt and equity in the capital structure must be known.
C. The weighted average cost of capital - net present value technique and the APV technique will, if applied correctly, give the same answer.
D. To apply APV the actual amounts of debt and equity in the capital structure must be known.

Answer: A,C

NEW QUESTION # 76
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