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| 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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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?
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?
The shares of a company have a beta factor of 1.15. Therefore, which of the following must be true?
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?
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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Satisfied Customers
Committed Service
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