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CIMA Updated P3 Exam Questions and Answers by elysia

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CIMA P3 Exam Overview :

Exam Name: Risk Management
Exam Code: P3 Dumps
Vendor: CIMA Certification: CIMA Strategic
Questions: 339 Q&A's Shared By: elysia
Question 36

ABC produces fashion garments for sale m its chain of high street retail outlets.

Which THREE of the following activities would result m the organisation having to review its cyber security risks management program?

Options:

A.

ABC is introducing a loyalty bonus store-card for regular shoppers

B.

ABC is introducing online shopping for certain limited ranges of clothing

C.

ABC has acquired an overseas garment manufacturer

D.

ABC has announced year-on-year trading figures with 5% increase

E.

ABC is shipping the new season range of fashionwear to the retail outlets

F.

ABC's sales figures show strong seasonal bios

Discussion
Question 37

A Firewall is an element of a company's Information Technology infrastructure.

Which THREE of the following are characteristics of a Firewall?

Options:

A.

A Firewall determines the boundary of the "Trusted" components of the company's Information Technology infrastructure.

B.

A Firewall protects sensitive data against accidental or malicious damage.

C.

A Firewall protects the computer suite against physical attack.

D.

A Firewall protects against unauthorised network access.

E.

A Firewall protects against viruses.

F.

A Firewall can screen every message coming into or out of the company network looking for key words, or attachments.

Discussion
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Question 38

VBN's home currency is the V$. On 1 January, VBN must make a payment of C$2 million on 31 March of that same year.

On 1 January the spot exchange rate was V$1 = C$0.4.

On 1 January VBN paid $180,000 for a call option to buy C$2 million for V$5.5 million on 31 March. VBN's cost of borrowing was 8% per year.

On 31 March the spot rate was V$1 = C$0.45.

What was the total cost, including the cost of the option, of settling the payable?

Options:

A.

V$4.628 million

B.

V$5.684 million

C.

V$4.444 million

D.

V$5.5 million

Discussion
Question 39

The managers of a company are agents for the shareholders tasked with increasing shareholders' wealth. Which of the following will usually increase shareholders' wealth?

Options:

A.

Investing in projects with the shortest payback period.

B.

Investing in projects with positive net present value.

C.

Investing in projects with the greatest level of risk.

D.

Not paying a dividend for several years in order to invest in new projects.

Discussion
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