CIMA P3 dumps - in .pdf

P3 pdf
  • Exam Code: P3
  • Exam Name: Risk Management
  • Version: V17.95
  • Q & A: 400 Questions and Answers
  • PDF Price: $51.98

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  • Exam Code: P3
  • Exam Name: Risk Management
  • Version: V17.95
  • Q & A: 400 Questions and Answers
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  • Exam Code: P3
  • Exam Name: Risk Management
  • Version: V17.95
  • Q & A: 400 Questions and Answers
  • Software Price: $51.98
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NEW QUESTION: 1
The cost of a quality program should be budgeted at _____ of the total project.
A. 6-8%
B. 10-12%
C. 2-3 %
D. 3-5%
E. more than 15 %
Answer: D

NEW QUESTION: 2
You are a Financial Controller at BCD and are in the process of preparing the year-end financial statements. A member of your finance team has come to see you about her provisions balance at year- end.
She says that the Managing Director has asked her to increase the provisions balance by $1 million overall. She thinks this is because BCD has had a very good year in terms of profit, and the Managing Director wants to put some profit aside to protect against any future reductions in profit. $1 million is material to BCD.
You believe that the provisions balance was fairly stated without the additional $1 million.
Which TWO of the following would be appropriate actions in this scenario?
A. Speak to the shareholders at the upcoming annual general meeting about this issue.
B. Tell the member of your finance team to ignore the Managing Director and to leave the provisions balance as it was.
C. Speak to the Managing Director to explain that the level of provisions is governed by financial reporting standards.
D. Discuss the matter with the Finance Director as he is your immediate line manager.
E. Contact the external auditors of BCD and tell them that the Managing Director wants to change the provisions balance.
Answer: C,D

NEW QUESTION: 3
Which three statements about triple DES are true? (Choose three.)
A. A 3DES keyspace is168 bits.
B. 3DES involves encrypting a 64-bit block of plaintext with the 3 keys of the key bundle.
C. A 3DES key bundle is 192 bits long.
D. CBC, 64-bit CFB, OFB, and CTR are modes of 3DES.
E. For 3DES, ANSI X9.52 describes three options for the selection of the keys in a bundle, where all keys are independent.
Answer: A,C,D
Explanation:
Don't confuse transport issues with key size. Just like a DES key is 56 bits (+8 parity bits)
but always (by defacto convention) transported in 64 bits, a 3DES key is only 168 bits but is
it transported in 192 bits. So 3DES key bundle is 192 bits long and key space is 168 bits.
Common modes of CBC are:
Electronic Codebook (ECB)
Cipher Block Chaining (CBC)
Propagating Cipher Block Chaining (PCBC)
Cipher Feedback (CFB)
Output Feedback (OFB)
Counter (CTR)
Reference: http://en.wikipedia.org/wiki/Block_cipher_mode_of_operation

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