CIMAPRO19-P03-1 Exam Dumps

Get All P3 Risk Management Exam Questions with Validated Answers

CIMAPRO19-P03-1 Pack
Vendor: CIMA
Exam Code: CIMAPRO19-P03-1
Exam Name: P3 Risk Management
Exam Questions: 276
Last Updated: August 24, 2026
Related Certifications: CIMA Professional Qualification
Exam Tags: Intermediate Level Finance Managersrisk analysts
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Free CIMA CIMAPRO19-P03-1 Exam Actual Questions

Question No. 1

S Doc is an out-of-hours service provided by a country's government. The service allows members of the public to call and speak to a nurse who can advise on medical situations which are not obviously emergencies. Depending on the situation the caller can be referred to the full emergency services, or be advised to go to Accident and Emergency at the nearest hospital. Alternatively, a callout from a general practitioner (GP) can be organised; the caller can be advised of where GP services are available; advice can be given over the phone; or a decision can be taken that no further action is required at least until normal services resume on the next working day.

There has been a suggestion that the nurses who take these calls could be replaced by suitably trained operatives who have available to them a specially designed expert system.

Which of the following are advantages of using an expert system instead of nurses?

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Correct Answer: C, D, E

Question No. 2

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?

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Correct Answer: D

Question No. 3

The shares of a company have a beta factor of 1.15. Therefore, which of the following must be true?

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Correct Answer: B

Question No. 4

SDF is a quoted company that has a large internal audit department.

Which of the following would impair the independence of SDF's internal audit?

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Correct Answer: A, B, C

Question No. 5

B is a horticultural retailer with limited funds available to acquire new retail property.

B'sFinanceManager hasanalysed two potential property investments. Investing inpropertyPshows an IRR of 21% while the IRRon property Q is 17%.

TheFinanceManagerhas also advised that the NPV for property P is $750K, while the NPV of property Q is $850K.

TheBoard needs to choose between the two properties asithasinsufficient funds for both.Based purely on theFinanceManager's analysis, which of the following is true?

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Correct Answer: C

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