Free CIMA CIMAPRA19-P03-1 Exam Actual Questions

The questions for CIMAPRA19-P03-1 were last updated On Nov 20, 2024

Question No. 1

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?

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Correct Answer: C, D, F

Question No. 2

The Head of IT Security has been asked to conduct a detailed forensic analysis of a suspected data breach that ted to customer credit card details being intercepted.

Which TWO of the following would be suitable objectives for such a forensic analysis?

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Correct Answer: B, C

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

H Ltdis a company providing postal and courier services to small businesses. Customers pay a monthly or annual subscription fee to use the service, plusaverysmall fee for each item delivered.

A year ago, H employed a newsalesteam. Their remuneration is dependent on the number of new customers they sign up. Sales increased dramatically in the first six months, but nowdifficulties are emerging such as new customers dropping their subscription once the initial period has expired; subscriber direct debits being returned unpaid; subscribers going out of business and other similar issues.

Which of the following would be appropriate to help resolve these problems?

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Correct Answer: B, D, E

Question No. 5

B is a company with a strong risk appetite.Which of the following are benefits of using the certainty equivalent method of capital investment appraisal in B's case?

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Correct Answer: B, C