CIMA CIMAPRA19-P03-1 問題集

質問 1：
The list below has duties performed by risk managers and internal auditors. Show who would carry out the duties assuming the company has both risk managers and internal auditors.

正解：


質問 2：
The long-term prospects for inflation in the UK and the USA are 2% and 6% per annum respectively.
The GBP/USD spot rate is currently GBP/USD1.71.
Using purchasing power parity theory, what GBP/USD spot rate would you expect to see in three months' time?
A. GBP/USD1.73
B. GBP/USD1.69
C. GBP/USD1.77
D. GBP/USD1.65
正解：A

質問 3：
M plc is an IT company that bids for large contracts to sell computer systems and also to service existing systems. M plc's senior management has always set budgets which are hard to achieve and have made no allowances for the recession.
The economy has improved and M plc's senior managers have made the budget even more optimistic. The budgeted sales target has been increased by 40%.
In the past, sales staff have not tried to achieve the budget sales because it was generally believed that the targets were impossible to reach.
M plc has recently appointed a new Sales Director who has decided that sales staff will be dismissed if they fail to meet sales targets for three successive months. He is also looking for higher sales margins than were achieved before.
What are the likely consequences of the new Sales Director's policy?
A. Sales staff will tender for riskier contracts.
B. Sales staff will be happier in their jobs.
C. Sales staff will feel more settled and secure in their jobs.
D. Sales staff will look for new jobs.
E. Sales staff will encroach on other sales staff territories to get more work.
正解：A,D,E

質問 4：
H is a farmer. An outbreak of a contagious animal disease has just been detected near the region where the farm is located. This could potentially lead to substantial financial losses for H.
In these circumstances, which of the following responses by H is the most appropriate?
A. Transfer the risk by taking out a substantial level of insurance cover.
B. Accept the risk and carry on as previously.
C. Avoid the risk by the immediate cessation of all animal farming activities and the sale or disposal of all animals currently held on the farm.
D. Reduce the risk by strict adherence to all government imposed animal movement restrictions, by the appropriate use of disinfectants and by similiar precautions.
正解：D

質問 5：
Which TWO of the following are benefits of carrying out a post-completion audit of capital projects?
A. A post-completion audit can help management understand what went wrong with a project in order to try and prevent the same problem occurring in the future.
B. A post-completion audit can help find out where a project went wrong so it can be fixed immediately.
C. A post-completion audit can help find out who was to blame for a project exceeding the budget.
D. A post-completion audit can investigate variances from the budget on completed projects.
正解：A,D

質問 6：
Which of the following is an ethical dilemma?
A. A company must decide whether to settle a claim from an employee who appears to have fabricated a workplace injury. The company want to avoid the cost of defending the claim.
B. A company is deciding whether to issue debt or equity.
C. A company is deciding whether to make a substantial bonus payment to its directors by means of cash or shares.
D. A company is considering giving poorly-paid staff a generous pay rise.
正解：D