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Question 89/93

Why do businesses take risks?
Select the TWO correct answers.

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Question List (93q)
Question 1: The treasurer of IOK is considering entering into a money ma...
Question 2: C is a large international supermarket chain. It has many th...
Question 3: Z plc has recently undertaken a SWOT analysis. The SWOT anal...
Question 4: Which TWO of the following are NOT methods used for risk ide...
Question 5: You are the Management Accountant for a company which suppli...
Question 6: A Firewall is an element of a company's Information Technolo...
Question 7: MNB is a multinational IT company with headquarters in Asia ...
Question 8: DFR is an online retailer that sells picture frames The soft...
Question 9: The board of OKN is considering an investment opportunity th...
Question 10: RFD, a listed company, is considering making an investment i...
Question 11: A hospital is part of a government provided health service w...
Question 12: Which of the following statements concerning the use of bala...
Question 13: Which of the following scenarios might be relevant stress te...
Question 14: Which of the following statements concerning the role of a n...
Question 15: YHU manufactures flour from wheal (hat it purchases from whe...
Question 16: The acronym VPN stands for.
Question 17: Which TWO of the following scenarios should be considered in...
Question 18: C is an accounts clerKwho is supposed to sign each invoice a...
Question 19: An internal auditor has just completed an investigation into...
Question 20: An IT security consultant has been asked to conduct a forens...
Question 21: Which of the following actions would breach CIMA's Code of E...
Question 22: Which method of quantifying risk exposure can be used to cal...
Question 23: S Doc is an out-of-hours service provided by a country's gov...
Question 24: CH makes a popular type of chocolate bar The bars are made o...
Question 25: SDF is a quoted company. Which of the following matters shou...
Question 26: UIO sells mobile phones through a cham of 100 shops spread a...
Question 27: YHJ is considering an investment in a project that will cost...
Question 28: L is a specialist deep sea diving company The company specia...
Question 29: A project requires a capital investment of £2.7million. The ...
Question 30: Which of the following are objectives of the audit planning ...
Question 31: Which of the following will increase the value of a call opt...
Question 32: Y plc, a pharmaceutical company, has dealt with a number of ...
Question 33: A junior sales clerk at BCD, a wholesale jewellers, received...
Question 34: A company has a sound system of internal controls that have ...
Question 35: You have just been employed as a management accountant in a ...
Question 36: G is an administrator who works for TRF TRF issues its staff...
Question 37: CVB is a consulting firm that occupies a large office with m...
Question 38: TRF is conducting a post completion audit on an investment i...
Question 39: Will owns $400,000 of shares in Company X. Company X has a d...
Question 40: A government department is conducting a value for money audi...
Question 41: Which of the following are threats to the control environmen...
Question 42: J is a manager in charge of a section in GDD's Buying depart...
Question 43: Identify, from the list provided, which category of business...
Question 44: P Ltd manufactures and sells electrical goods through retail...
Question 45: Which of the following statements are true of residual risk?...
Question 46: A UK based company is considering an investment of GB£1,000,...
Question 47: NTN manufactures mobile phones. The company's directors have...
Question 48: L's risk register currently states the likelihood of risks m...
Question 49: An electricity company owns and operates a nuclear power sta...
Question 50: When a new computer system is being implemented there are se...
Question 51: SDF is a quoted company that has a large internal audit depa...
Question 52: HGF is a medium-sized manufacturing company its factory and ...
Question 53: TTO is seeking to recruit a new non-executive director TTO p...
Question 54: D has decided to invest in a new factory at a cost of $6,000...
Question 55: D is a large oil refinery. The managers have identified four...
Question 56: YY is a company which generates electricity from alternative...
Question 57: With regard to the rote of the audit committee which of the ...
Question 58: AZX sells electrical components. AZX's annual turnover is S2...
Question 59: B is a company with a strong risk appetite. Which of the fol...
Question 60: DFG's home currency is the D$. DFG is heavily exposed to the...
Question 61: A patient has been prescribed a new medicine by their physic...
Question 62: SC is a professional football club which is currently listed...
Question 63: Q is a company which generates electricity from alternative ...
Question 64: Internal audit should be both efficient and effective. Which...
Question 65: Achieving the budget is often used as a good performance mea...
Question 66: Company H operates a fleet of lorries. The Internal Auditor ...
Question 67: Which of the following statements are correct?...
Question 68: Which of the following are true of an effective risk managem...
Question 69: You have just been appointed Financial Controller of Y, a ma...
Question 70: ERT is choosing between two maintenance policies for its veh...
Question 71: R is a company running gas-fired power stations in Western E...
Question 72: GHJ is a manufacturing company that insures against the fina...
Question 73: The managers of a company are agents for the shareholders ta...
Question 74: H is a senior production manager for P Ltd which is about to...
Question 75: TYU is a retailer selling televisions. The company is financ...
Question 76: FGT is evaluating the political risks associated with its op...
Question 77: Company C wishes to recruit an employee who will have respon...
Question 78: Company A's gross profit percentage has fallen from 70% to 6...
Question 79: J plc is a wholesale building supply business. It has a larg...
Question 80: W plc is a large international supermarket chain. It has man...
Question 81: H Ltd is a logistics company which is likely to be seeking a...
Question 82: UIO designs clothes and pays third parties to manufacture th...
Question 83: ABC is a large supermarket chain which also has online shopp...
Question 84: Which of the following statements concerning the role of the...
Question 85: S, a qualified and experienced professional accountant, has ...
Question 86: CDE an online ticket sales agent, has unwittingly become an ...
Question 87: Company W produces mobile phone components and has recently ...
Question 88: The Head of IT Security has been asked to conduct a detailed...
Question 89: Why do businesses take risks? Select the TWO correct answers...
Question 90: HWG is a large company which grows and processes coffee The ...
Question 91: M plc has a $2 million loan outstanding on which the interes...
Question 92: ABC produces fashion garments for sale m its chain of high s...
Question 93: K has several subsidiary companies. The directors of K's sub...