Free CIMA CIMAPRA19-P03-1-ENG Exam Questions

Become CIMA Certified with updated CIMAPRA19-P03-1-ENG exam questions and correct answers

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Total 276 Questions | Updated On: Feb 11, 2026

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Question 1

Which TWO of the following scenarios should be considered in strategic scenario planning by a publishing company that specialises in academic textbooks?

A : ere could be a change in the technology used by consumers, such as smaller mobile phones with smaller screens

B : dget changes could have an impact on the funding available to college and university libraries

C : terms offered by media companies for film rights for books could change

D : The quality of output from printing presses might improve

E : vironmental concerns could lead to a decrease in the availability of trees to make paper

Answer: B,C

Question 2

A capital investment project shows a NPV of 3,450 at a discounted rate of 8% and an NPV of 1,210 at a discounted rate of 9%.
Whatistheinternal rate ofreturn?

A : 11.85%

B : 10.85%

C : 10.54%

D : 9.54%

Answer: D

Question 3

Which of the following statements are correct?

A : is always possible to remove all risks when undertaking large projects.

B : a project has high risks it should always be accepted as the rewards will always be high.

C : a project has low risks it will usually have relatively low returns.

D : k can always be transferred to someone else.

E : k should be carefully considered when evaluating possible future projects.

Answer: A,C

Question 4

An electricity company owns and operates a nuclear power station located ten miles from a large city. A recent and very extensive engineering examination of the power station concludes with the estimate that the probability of a major nuclear disaster within the next 20 years is 0.2%.
Which of the following best explains the relevance of quantifying the risk in that way?

A : ere is no acceptable level of risk for a major nuclear accident and so the probability has little information value in itself.

B : probability is so low as to be ignored.

C : directors will be able to argue that they were not negligent in the event of a major disaster within the 20 year period.

D : The calculation of a precise probability demonstrates that the engineers who conducted the inspection are experts in their field.

Answer: A

Question 5

GHY is a listed company. Tom isGHY'sCEO and Peter isitsnon-executive Chair of the Board. Tom and Peterbothhave substantial relevant business and industrial experience andboth are believed to have considerable integrity. Tom and Peter quickly developed a good working relationship after Peter's appointment. They have become close friends.
Tom briefs Peter on every aspect of the business. Tom and Peter jointlyagreethe agenda foreveryboard meetingandboth agree on the manner in which matterswill be presented to theboard.
Taking account of the principles of goodcorporategovernance, which of the following statements is correct?

A : is entirely appropriate that Tom and Peter have this kind of relationship and both are acting in the best interests of the company

B : n-contentious board meetings show how well Tom and Peter are running the company and shows that the management is cohesive.

C : relationship between Peter and Tom may have a detrimental effect on company decision making as the Boardis not always being informed about matters in an unbiased manner.

D : nce the non-executive chair clearly has a significant role within this company there is little danger that any individual will become excessively dominant.

Answer: C

Page: 1 / 56

Total 276 Questions | Updated On: Feb 11, 2026

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