Today we have a question relating to the new 2019 syllabus for P3.
The question was:
Which of the following is a useful tool for stress testing a strategy?
This question relates to ‘B: Strategic Risk’ and is a slightly different version of the question in one of our free mock exams.
The correct answer was…
Scenario planning is a useful tool for stress testing a strategy, it attempts to compensate for both under- and over-predication of change.
For more free questions use our Free CIMA Mock Exams for the 2019 syllabus use the menu above to access our little shop, at the same time you’ll have the option to upgrade to our + package which includes 50% more CIMA Mock Exam style questions, feedback and both revision and timed assessment modes plus much more.