CIMA Exam CIMAPRO19-P03-1 Topic 2 Question 91 Discussion

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

Question #: 91
Topic #: 2

Which TWO of the following are reasons for a company to comply with the Committee of Sponsoring Organisations of the Treadway Commission 2017 Enterprise Risk Management Framework (COSO Framework)?

AComplying with the COSO Framework will mean all employees of a company will comply with internal controls

BComplying with the COSO Framework will mean that a company's internal controls will work properly

CComplying with the COSO Framework will mean there is a good structure to a company's risk management system

DComplying with the COSO Framework will mean that all staff will understand a company's risk management system

EComplying with the COSO Framework will improve a company's reputation

Show Suggested Answer

Suggested Answer: C, E

by Lawana at Apr 29, 2025, 10:01 PM

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Mireya

3 days ago

I believe complying with the COSO Framework can improve a company's reputation as well.

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Cecily

4 days ago

Answers B and D are the real gems here. Ensuring internal controls work and everyone understands the risk management system - that's the dream!

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Talia

5 days ago

Options C and E are the way to go. A good risk management structure and a boost in reputation? Sign me up!

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Ailene

3 days ago

Option C and E are definitely important for a company's success.

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Romana

13 days ago

I agree with you, Ronna. It also provides a good structure to a company's risk management system.

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Ronna

24 days ago

I think complying with the COSO Framework is important for ensuring internal controls work properly.

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Shenika

25 days ago

Complying with the COSO Framework is a no-brainer. It's like having a GPS for your business, keeping you on the right track.

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Barrett

2 days ago

C) Complying with the COSO Framework will mean there is a good structure to a company's risk management system

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Barrett

4 days ago

A) Complying with the COSO Framework will mean all employees of a company will comply with internal controls

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Kanisha

1 months ago

The COSO Framework is like a superpower for companies - it helps them manage their risks like a boss!

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Bette

13 days ago

C) Complying with the COSO Framework will mean there is a good structure to a company's risk management system

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Bette

1 months ago

A) Complying with the COSO Framework will mean all employees of a company will comply with internal controls

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