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  1. Home
  2. CIMA Certification
  3. P3 Exam
  4. CIMA.P3.v2022-04-26.q116 Dumps
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Question 71

Company A's gross profit percentage has fallen from 70% to 61 % Which of the following possible explanations would most concern the internal auditors?

Correct Answer: B
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Question 72

Select the correct ethical principle that corresponds to each ethical dilemma described.

Correct Answer:

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Question 73

S is a senior production manager for LK, which is about to set up a new production line requiring S4 million of new specialist equipment.
S's daughter goes to school and is friends with the daughter of R.
the sales manager in GG. GG is a potential supplier of the specialist equipment that LK requires.
R owns a holiday home. S's daughter regularly accompanies R's daughter on family vacations at this holiday home, all at R's expense.
S is the only person working for LK who is qualified to select the specialist equipment. GG will definitely bid for the sale.
What should S do?

Correct Answer: B
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Question 74

A capital investment project shows a NPV of £3,450 at a discounted rate of 8% and an NPV of £1,210 at a discounted rate of 9%.
What is the internal rate of return?

Correct Answer: A
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Question 75

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.

Correct Answer:

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