Brilliant P3 Exam Dumps Get P3 Dumps PDF [Q15-Q31]

Brilliant P3 Exam Dumps Get P3 Dumps PDF

P3 Dumps PDF - P3 Real Exam Questions Answers

NEW QUESTION 15
V buys vegetables and fruit from three farms located in a different part of V's country and sells them to large supermarket chains.
A recent newspaper magazine had an article on these farms showing that the farms employ illegal immigrants whose status was used by the factory's owners to force them to work for low wages and in unpleasant conditions. They are forced to live in small overcrowded caravans with no running water. They are also given meals which are cold and poor quality. These farms are located in a developed country with strong labour laws.
Classify each of the following statements as true or false.

Answer:

Explanation:

NEW QUESTION 16
Which of the following statements concerning the use of balanced scorecards to measure divisional performance is correct?

A. Dysfunctional behaviour is more difficult than under traditional reporting because a wide range of factors will be measured and reported.
B. Dysfunctional behaviour is impossible because divisional managers are evaluated on so many different decisions.
C. The input for balanced scorecard reports comes from many sources so it is not possible to misrepresent performance.
D. Contradictory and inconsistent targets prevent balanced scorecards being a useful tool for performance evaluation.

Answer: A

NEW QUESTION 17
James owns a small company which sometimes suffers from credit risk.
Which of the following measures should he put in place to help reduce this risk?

A. Reduce the company bank loans.
B. Look for a loan with a lower interest rate.
C. Introduce credit checks for new customers.
D. Pay suppliers' invoices quicker.

Answer: C

NEW QUESTION 18
Move the category of risk to the box beside the risk description it best matches.

Answer:

Explanation:

NEW QUESTION 19
The treasurer of IOK is considering entering into a money market hedge in order to hedge a payable.
Which of the following might be valid explanations for the use of a money market hedge for this purpose?

A. The relevant currency markets are very thinly traded and the treasurer believes that forward contracts are mispriced.
B. The timing of the payable does not permit the use of a forward contract.
C. Money market hedges can be unwound whereas positions in derivatives cannot.
D. There are no forward contracts available for the purchase of the payable currency using IOK's home currency.
E. A money market hedge is easier and less expensive to organise than a future or forward contract.

Answer: A,B,D

NEW QUESTION 20
FGT is evaluating the political risks associated with its operations around the world.
Which of the following would indicate that a particular subsidiary has a high level of political risk?

A. The subsidiary employs a large number of nationals from the host country.
B. Company law in the subsidiary host country is lax.
C. The subsidiary's host country requires the active participation of local partners before the subsidiary can operate.
D. Forthcoming elections in the subsidiary's host country.
E. The subsidiary is located a considerable distance from FGT's home country.

Answer: B,C,D

NEW QUESTION 21
The long-term prospects for interest rates in the UK and the USA are 2% and 6% per annum respectively.
The GBP/USD spot rate is currently GBP/USD1.71.
Using interest rate parity theory, what GBP/USD spot rate would you expect to see in six months' time?

A. GBP/USD = 1.74
B. GBP/USD = 1.65
C. GBP/USD = 1.67
D. GBP/USD = 1.78

Answer: A

NEW QUESTION 22
ZZ is a data security company that is responsible for cyber security m a large shopping mall 21 uses Network Configuration Management (NCM) to assist it in meeting the various needs of the mall's user community.
Which THREE of the following are advantages provided by NCM?

A. NCM allows ZZ to prevent scanners being used on the public WiFi for different user groups in the mall
B. NCM allows ZZ to provide different service levels for different user groups in the mall
C. NCM allows ZZ to segregate traffic for different user groups in the mall
D. NCM allows ZZ to restrict traffic for different user groups in the mall
E. NCM allows ZZ to stop malware from being spread for different user groups in the mall
F. NCM allows ZZ to prevent data corruption for different user groups in the mall

Answer: A,B,C

NEW QUESTION 23
As part of risk assessment exercise for a low-cost airline you are requested to match the risks listed below with the most approriate method of minimising or dealing with each risk.

Answer:

Explanation:

NEW QUESTION 24
Which of the following is an ethical dilemma?

A. A company must decide whether to settle a claim from an employee who appears to have fabricated a workplace injury. The company want to avoid the cost of defending the claim.
B. A company is deciding whether to make a substantial bonus payment to its directors by means of cash or shares.
C. A company is deciding whether to issue debt or equity.
D. A company is considering giving poorly-paid staff a generous pay rise.

Answer: D

NEW QUESTION 25
Which TWO of the following are NOT methods used for risk identification?

A. Accounting for waste in a manufacturing process
B. Designing a process to deal with complaints
C. Carrying out interviews on key members of staff
D. Employing external advisors with specialist knowledge
E. Brainstorming ideas with colleagues from different disciplines within the business

Answer: B,E

NEW QUESTION 26
V buys vegetables and fruit from three farms located in a different part of V's country and sells them to large supermarket chains.
A recent newspaper magazine had an article on these farms showing that the farms employ illegal immigrants whose status was used by the factory's owners to force them to work for low wages and in unpleasant conditions. They are forced to live in small overcrowded caravans with no running water. They are also given meals which are cold and poor quality. These farms are located in a developed country with strong labour laws.
Classify each of the following statements as true or false.

Answer:

Explanation:

NEW QUESTION 27
ERT is choosing between two maintenance policies for its vehicles. The outcomes of these policies are difficult to predict and so ERT has run a simu-lation of both.
Policy 1 has an expected annual cost of $400,000 per year, with a standard deviation of $80,000.
Policy 2 has an expected value of $350,000, with a standard deviation of $150,000.
Which of the following statements are correct?

A. Policy 2 is clearly the better policy.
B. Policy 2 is the more likely to cost more than $500,000 in any given year.
C. Policy 2 is the more risky.
D. Policy 1 will always be the more expensive in any given period.
E. Policy 2 has the greater potential upside risk.

Answer: B,C,E

NEW QUESTION 28
A government department is conducting a value for money audit on a school.
The school's pupils sit leaving exams. Classify each of the audit tests as either economy and efficiency or effectiveness.

Answer:

Explanation:

NEW QUESTION 29
B uses a balanced scorecard to monitor the performance of its divisions.
Classify each of the following decisions taken by a division's management team as either commercially sound or dysfunctional.