CIMA P3

CIMA P3 試験シラバストピック:

CIMA Risk Management 認定 P3 試験問題：

問題 #1
A company has a sound system of internal controls that have been reviewed by the internal audit department.
Which TWO of the following correctly identify reasons why the company's control system might fail to prevent or detect an irregularity?

A. A dishonest member of staff could input an invalid transaction
B. The internal audit department cannot be expected to identify control weaknesses.
C. Two fraudulent members of staff could collude.
D. A director could override a control procedure.
E. The accounting system could combine manual and computerised controls.

問題 #2
Which of the following statements are true of residual risk?

A. Residual risk should never be accepted.
B. Residual risk is the risk that remains after risk mitigation has taken place.
C. Residual risk has to be accepted.
D. If residual risk is too great then the company should not expose itself to the risk situation.
E. Residual risk may be accepted if management feels the company can bear the risk.

問題 #3
An internal auditor has just completed an investigation into human resource (HR) procedures in the Springtown branch of IUY The Springtown branch is too small to have its own full-time HR staff All HR work is undertaken by the Branch Manager, assisted by the Branch Administrator The internal auditor has discovered a number of problems with branch HR records. These are due to a misunderstanding of the regulations by the Branch Manager and the Branch Administrator, neither of whom has any specific HR training The Branch Manager has asked that the problems be omitted from the internal audit report because they were due to a lack of training and will be rectified immediately Which TWO of the following actions should the internal auditor take with regard to the audit report on the Springtown Branch?

A. Describe the problems encountered at the branch in detail and recommend that disciplinary action be taken against the Branch Manager.
B. Include the Branch Manager's claim that the HR problems are due to a lack of HR training in the report
C. Expand the report to develop it into a description of lUY's HR procedures, but tailored to the needs of the Springtown Branch.
D. Omit the problems from the report, but recommend that the Branch Manager and Branch Administrator should both receive HR training
E. Document the changes that are required at the branch in the audit report and set a time for a return visit to review the changes

問題 #4
THG is a quoted company that manufactures expensive clothes that are sold to upmarket department stores THG's Board has commissioned a stress test to identify the impact of strategic risks The consultant who is conducting the test is currently investigating the impact that a 1 % increase in interest rates would have on THG.
Which TWO of the following are valid reasons for including an increase in interest rates in the stress test?

A. THG is highly geared.
B. Many of the retailers who resell THG's clothes are highly geared
C. Interest rates affect consumers' disposable income
D. THG might change its prices if interest rates rise
E. Stress testing was first developed for bank supervision.

問題 #5
JHU is a retail chain that has 20 shops JHU's Internal Audit Department has just completed an investigation into the operation of controls over credit card payments by shop customers In 12 cases, the shops were complying with JHU's standard procedures The other 8 shops had serious deficiencies that differed between shops.
The Internal Audit Department has drafted a detailed report on the outcome of the audit visit carried out at each shop, but has not yet submitted them to senior management.
Which TWO of the following statements are correct?

A. It would be a mistake to submit the reports relating to the 12 shops that were in full compliance to senior management
B. Draft reports should be discussed with their respective shop managers, who should have the opportunity to comment before the reports are submitted to senior management
C. All 20 reports should be placed on JHU's intranet so that every shop manager can learn from good and bad practices noted at each shop
D. The Internal Audit Department should consider editing the concerns arising from the investigation in order to avoid demotivating the shop managers
E. The reports relating to the deficient shops should set a deadline for their systems to be rectified and a follow-up audit visit carried out

解説：