Free Access CIMA.P3.v2022-08-07.q119 Practice Test (Page 2)

Question 1

The technology used by 3D printers is developing rapidly These machines can now use a data file to print a solid object Depending on the printer the object can be plastic, metal or ceramic The increasing capability of those printers is being matched by the falling prices of the printers themselves and of the materials that they use to create the finished product Which THREE of the following suggest that 3D printing is a potentially disruptive technology?

A.The printers use expensive materials

B.There is a limit to the size of objects that can be 3D printed.

C.Parts created by 3D printers can be distorted during the print process

D.Many of the spare parts used to repair cars are made out of plastic or metal.

E.Some courier companies have purchased 3D printers for their depots

F.Design engineers typically design and draw plans for new products on their computers.

Question 2

Under the COSO Enterprise Risk Management Framework, who is responsible for risk management?

A.The board of directors only.

B.The shareholders.

C.Every member of the entity.

D.Managers and directors only.

Question 3

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.

Question 4

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.