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If you are planning to take the CIMAPRO19-P03-1 P3 Risk Management exam, it is important to have a solid understanding of the exam objectives and topics covered. This exam is one of the CIMA Professional Qualification exams and is designed to test your knowledge of risk management concepts and practices.
Exam Objectives:
- Understand the nature, sources and types of risk, and the objectives of risk management
- Understand the elements of the risk management framework, including risk identification, assessment, response, monitoring and communication
- Understand the principles of internal control and the role of internal audit in the management of risk
- Understand the role of corporate governance in risk management
- Understand the impact of the external environment on risk management, including social, technological, economic, environmental and political factors
The CIMAPRO19-P03-1 P3 Risk Management exam is designed for professionals who are looking to enhance their risk management skills and knowledge. It is recommended that candidates have a solid understanding of management accounting, financial management, and corporate governance before taking this exam.
Exam Details:
- Cost: The cost of the CIMAPRO19-P03-1 P3 Risk Management exam varies depending on your location. You can check the CIMA website for more information on exam fees.
- Passing Mark: The passing mark for the CIMAPRO19-P03-1 P3 Risk Management exam is 50%.
- Time: The CIMAPRO19-P03-1 P3 Risk Management exam is a three-hour exam.
- Delivery Method: The exam is delivered online through the CIMA assessment platform.
- Format: The CIMAPRO19-P03-1 P3 Risk Management exam consists of a combination of objective test questions and longer, scenario-based questions.
Related Books:
- "Risk Management: Principles and Practices" by Michael W. Elliot
- "Risk Management: Concepts and Guidance" by Carl L. Pritchard
- "The Essentials of Risk Management" by Michel Crouhy, Dan Galai, and Robert Mark
- "Risk Management and Financial Institutions" by John C. Hull
When preparing for the CIMAPRO19-P03-1 P3 Risk Management exam, it is important to study and review the exam objectives and topics covered. Practice questions and mock exams can also help you to familiarize yourself with the format and types of questions that you may encounter on the exam.
Overall, the CIMAPRO19-P03-1 P3 Risk Management exam is a comprehensive exam that tests your understanding of risk management concepts and practices. With the right preparation and study materials, you can increase your chances of passing the exam and enhancing your professional skills and knowledge.
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