CIMA Exam CIMAPRO19-P03-1 Topic 2 Question 54 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam

Question #: 54
Topic #: 2

[All CIMAPRO19-P03-1 Questions]

Which of the following is NOT a financial risk.

ASelling goods on credit terms.

BTaking out variable rate loans to finance short term investments.

CSourcing raw materials overseas to manufacture goods.

DGlobal warming.

Show Suggested Answer

Suggested Answer: B, E, F

by Tiffiny at Sep 02, 2023, 08:48 PM

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Kallie

30 days ago

Definitely D. Global warming is a environmental issue, not a financial one. Unless you're a polar bear trader, I guess.

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Gayla

18 days ago

A) Selling goods on credit terms.

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Dino

1 months ago

B is the obvious non-financial risk. Diversifying your sourcing and financing are standard practices, not risks.

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Gregoria

12 days ago

B) Taking out variable rate loans to finance short term investments.

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Alpha

14 days ago

A) Selling goods on credit terms.

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Lucia

1 months ago

I'm going with D. I mean, what does global warming have to do with finance? Trying to be a little too creative here, aren't we?

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Graciela

21 hours ago

C) Sourcing raw materials overseas to manufacture goods.

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Amber

4 days ago

B) Taking out variable rate loans to finance short term investments.

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Lorrine

1 months ago

A) Selling goods on credit terms.

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Dottie

2 months ago

A and B seem like clear financial risks, but D? Global warming? That's a bold choice!

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Suzi

6 days ago

C) Sourcing raw materials overseas to manufacture goods.

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Rickie

7 days ago

B) Taking out variable rate loans to finance short term investments.

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Felicitas

20 days ago

A) Selling goods on credit terms.

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Julian

2 months ago

But sourcing raw materials overseas can also pose financial risks due to currency fluctuations.

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Celeste

2 months ago

I agree with Olene, global warming is more of an environmental risk.

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Olene

2 months ago

I think D) Global warming is not a financial risk.

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