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CIMA Risk Management P3 mock exams


CIMA Risk Management P3 mock exams

CIMA Risk Management P3 mock exams

CIMA P3 mock exams

This is a full MOCK exam that consists of 60 challenging questions designed to replicate the real exam. Those questions were uniquely written for this exam, you will not find them in any other part of the P2. Number of questions in this MOCK was chosen according to the syllabus topics’ weights, you can see the exact split below. The exam is using exam mode (meaning you see the results only after you submit the test). This MOCK exam is time-limited, you have only 90 minutes to answer 60q, so you get the real exam experience with the time pressure. At the Results Page you will see your score and % split per each part (and even subpart) of the syllabus, so you will have a clear picture of what you are good at and what you need to improve. You can also view the questions and compare your answers with the correct ones by clicking on the Review button on the Results Page (after you complete this test).

This MOCK exam has the following split of questions:

  • 25% from Part A – Cost Planning and Analysis for Competitive Advantage – 15q
  • 30% from Part B – Control and Performance Management Responsibility Centres – 18q
  • 30% from Part C – Long-Term Decision Making – 18q
  • 15% from Part D – Management Control and Risk – 9q

The best preparation for the CIMA P3 exam is to practice as many past questions as you can.

The key reasons the examiner notes for people failing are mostly related to exam technique and approach. Practising past exam questions will help you to test your syllabus knowledge, while crucially also help you to improve your exam technique.

This article provides complete collection of CIMA P3 mock exams and other details about CIMA examination with useful study material.

CIMA Risk Management P3 mock exams

Risk Management P3

 Steps Topics Weighting
 A Identification, Classification and Evaluation of Risk 20%
 B Responses to Strategic Risk 20%
 C Internal Controls to Manage Risk 20%
 D Managing Risk Associate with cash Flow 20%
 EManaging Risk Associate with capital investment decisions 20%

CIMA Risk Management P3 mock exams

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CIMA Risk Management P3 mock exams

The Chartered Institute of Management Accountants (CIMA) is a UK based professional body offering training and qualification in management accountancy and related subjects. It is focused on accountants working in industry, and provides ongoing support and training for members.

CIMA is one of the professional associations for accountants in the UK and Ireland. Its particular emphasis is on developing the management accounting profession. CIMA is the largest management accounting body in the world with more than 227,000 members and students in 179 countries. CIMA is also a member of the International Federation of Accountants.

CIMA operates a standard scheme of qualifying examinations for prospective members. It promotes local education, training and management development operations, and new techniques through its research foundation and the dissemination of management accounting practices through publications and other media related activities. CIMA has been active in recent educational and vocational initiatives in former Eastern bloc countries. It publishes a monthly journal, supplied free to members and registered students, called ‘Financial Management’.

CIMA Risk Management P3 mock exams

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CIMA Risk Management P3 mock exams

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