Which of the following are the Committee of Sponsoring Organisations (COSO) key principles of enterprise risk management?Select ALL that apply.
Answer(s): B,D,E
IOP manufactures aircraft engines. The company is presently engaged in a scenario planning exercise to consider the implications of a possible ban on the use of fossil fuels by the year 2040.Which TWO of the following would be realistic responses to the scenario?
Answer(s): B,C
C is a large international supermarket chain. It has many thousands of suppliers and many thousands of potential suppliers competing for shelf space m its supermarkets.Which of the following provisions would be appropriate for C to include m its ethical code in relation to its suppliers?Select ALL that apply
Which TWO of the following are reasons for a company to comply with the Committee of Sponsoring Organisations of the Treadway Commission 2017 Enterprise Risk Management Framework (COSO Framework)?
Answer(s): C,E
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?
Answer(s): D
Post your Comments and Discuss CIMA CIMAPRA19-P03-1 exam prep with other Community members:
Our website is free, but we have to fight against AI bots and content theft. We're sorry for the inconvenience caused by these security measures. You can access the rest of the CIMAPRA19-P03-1 content, but please register or login to continue.