Free CIMA CIMAPRA19-P03-1-ENG Exam Questions
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CIMA CIMAPRA19-P03-1-ENG Exam Questions
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Provided By: CIMA
- Exam: P3 Risk Management (Online)
- Certification: CIMA Professional Qualification
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Total Questions: 276
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Updated On: Mar 10, 2025
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Rated: 4.9 |
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Online Users: 552
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Question 1
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R plc is considering an investment of $1,100,000 in a new machine which is expected to have substantial cash inflows over the next five years.
The annual cash flows from this investment and their probability are shown below:
Annual cash flow ($)Probability
200,000 0.4
280,000 0.5
350,000 0.1
At the end of its five-year life, the asset is expected to sell for $100,000. The cost of capital is 5%.
What is the Expected Net Present Value?
Give your answer to the nearest whole $.
Answer:
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R plc is considering an investment of $1,100,000 in a new machine which is expected to have substantial cash inflows over the next five years.
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Question 2
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You have been assigned the role of lead internal auditor. Your task is to carryout the annual assessment of the production line maintenance department.
When planning for this audit, which of the following must be completed?
Answer: A,C,D
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You have been assigned the role of lead internal auditor. Your task is to carryout the annual assessment of the production line maintenance department.
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Question 3
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Which TWO of the following scenarios should be considered in strategic scenario planning by a publishing company that specialises in academic textbooks?
Answer: B,C
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Which TWO of the following scenarios should be considered in strategic scenario planning by a publishing company that specialises in academic textbooks?
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Question 4
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DFR is an online retailer that sells picture frames The software running on DFR's website enables customers to log in and make purchases by inputting an email address as a user name and a password that must contain at least eight characters, including upper and lower case letters, numbers and punctuation marks (e.g. , $ or!) Once logged in, customers can check previous orders that they have placed.
Customers can also use DFR's website to change personal details, including credit card numbers and delivery addresses Whenever they wish to use those facilities, the software sends a text message containing a six-digit number to their mobile phones They must input that number before the system will accept changes to their personal details
Which TWO of the following statements are correct?
Answer: A,C
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DFR is an online retailer that sells picture frames The software running on DFR's website enables customers to log in and make purchases by inputting an email address as a user name and a password that must contain at least eight characters, including upper and lower case letters, numbers and punctuation marks (e.g. , $ or!) Once logged in, customers can check previous orders that they have placed.
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Question 5
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Which method of quantifying risk exposure can be used to calculate the maximum loss on a portfolio occurring within a period of time with a given probability?
Answer: D
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Which method of quantifying risk exposure can be used to calculate the maximum loss on a portfolio occurring within a period of time with a given probability?