CIMA P3 Prepaway Dumps - Exam P3 Quizzes

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Free PDF 2023 Professional P3: Risk Management Prepaway Dumps

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CIMA Risk Management Sample Questions (Q268-Q273):

NEW QUESTION # 268
Amber selects appropriate suppliers and places purchase orders.
Brian passes invoices for payment and submits payment instructions to the bank.
Chris checks incoming inventory and unpacks goods from their containers.
Dirwan posts purchase invoices and files invoices and supporting documents.
Which member of staff could most easily commit fraud?

A. Amber
B. Dirwan
C. Brian
D. Chris

Answer: C

NEW QUESTION # 269
CDE an online ticket sales agent, has unwittingly become an accomplice in cyber crime and is suffering attacks on its own business as a result CDE's website was poorly designed and cyber-attackers have managed to inject the site with malware, so that it collects all of CDE's customer log-in information and enables the cyber-attackers to retrieve it The cyber-attackers subsequently use this information to set up Botnet agents in the customers' devices which are then used in a Distributed Denial of Service (DDoS) attack whenever very popular tickets are being placed on sale such as international football matches The cyber-attackers secure access to a single portal on the site and buy multiple tickets for subsequent sale on the black market while the DDoS causes all other portals to be overloaded preventing real fans acquiring the tickets at face value Which TWO of the following apply in this scenario?

A. CDE is likely to face significant fines for the breach.
B. CDE will remain just as profitable selling to the black market as to real fans
C. CDE is likely to lose the ticket franchise for international football events
D. CDE will need to implement a new firewall to prevent this type of attack.
E. CDE customers will turn to other ticket sources for their tickets

Answer: D,E

NEW QUESTION # 270
M is a listed company. It is hoping to invest in a risky new venture. M has a substantial amount of cash to invest in the venture. M would have found it difficult to raise new finance as it has a high level of gearing.
Which of the following statements about stakeholders' conflicting interests are true?

A. The directors would only be exposed to the systematic risk from the investment in the new venture.
B. M's credit rating is likely to fall as a result of this new venture.
C. M's shareholders would only be exposed to the systematic risk from the investment in the new venture.
D. M's diversification will mean less risk for the shareholders.

Answer: B,C

NEW QUESTION # 271
SQH manufactures mobile phones SQH's Board is currently undertaking a long-term planning exercise as part of the process of strategy development The Board is considering expanding the number of countries it currently exports products to.
Which THREE of the following could cause difficulty in forecasting accurately'?

A. Pressures on management to achieve short-term results
B. Rapidly changing mobile phone technology.
C. Currency changes in new and existing markets
D. Long-term trends may be difficult to predict in this market
E. Competitors will have a better understanding of potential new markets

Answer: B,C,D

NEW QUESTION # 272
P Ltd, a service company, is seeking to recruit engineers to work in its maintenance division. Which TWO of the following suggestions will be most likely to help prevent fraud when recruiting the engineers?

A. Checking that the engineers do not belong to a union.
B. Checking that the engineers have a professional engineering qualification.
C. Checking that the engineers have previous experience in a similar business.
D. Having a defined fraud policy statement that includes recruitment issues.
E. Taking up references from previous employers.

Answer: D,E

NEW QUESTION # 273
......

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