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CIMAPRO19-P03-1 Practice Questions

P3 Risk Management Exam Practice Test


Total 56 Pages
Total 276 Questions

CIMAPRO19-P03-1 Practice Questions

Question# 1

The Committee of Sponsoring Organisations (COSO) outlined six key principles of Enterprise Risk Management (ERM). Which of the following are COSO key principles?
Choose the Choices:


Question# 2

DRAG DROP Select the most appropriate level of responsibility for managing each of the following risks. Answer:
Choose the Choices:


Question# 3

K Ltd is an on - line travel agency specialising in budget package holidays to a small number of popular locations. The holidays that it sells are made up of a "package" of flights, hotel accommodation and food. K Ltd's Finance Director is concerned that the company's scope of operation is too narrow and wishes to diversify. Identify TWO actions that K Ltd should take immediately.
Choose the Choices:


Question# 4

Which of the following statements are correct?
Choose the Choices:


Question# 5

A hospital is part of a government provided health service which is free to patients. The management of the hospital is concerned with the need to minimise the risks to which the hospital is exposed from patient litigation. In this context, which TWO of the following are appropriate steps to manage this risk?
Choose the Choices:


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