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P3 Dumps With Exact Questions and Answers

Exact2pass Provides 100% Valid Risk Management P3 Exam dumps Questions and answers which can helps you to Pass Your Certification Exam in First Attempt.

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P3 Questions and Answers

Question # 1

A US company has to pay £500,000 for a new machine.

You have the following information on currencies.

EUR 1 = £1.2300

EUR 1 = USD 1.6200

What is the cost of the machine in USD?

Give your answer to the nearest $.

Question # 2

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

A.

Carrying out interviews on key members of staff

B.

Designing a process to deal with complaints

C.

Employing external advisors with specialist knowledge

D.

Accounting for waste in a manufacturing process

E.

Brainstorming ideas with colleagues from different disciplines within the business

Question # 3

Smalltown had a problem with people parking cars on the town ' s mam shopping streets instead of in the nearby car parks The parked cars created congestion and made it difficult for delivery vehicles to unload Smalltown ' s local government had employed traffic wardens to enforce parking regulations by issuing parking fines to motorists who parked for more than the permitted 30 minutes.

The local government took further action to deal with this problem It banned parking on the busiest streets, it introduced parking charges in the remaining streets and it made it free to park m the town ' s car parks for up to two hours Fewer people now park cars on the streets because of the charges, but those who do generate significant revenues for the local government Fewer traffic wardens are required and so wage costs have reduced

The local goverment auditors have decided to carry out a value for money audit of the parking system

Which of the following is a measure of effectiveness?

A.

The main shopping streets are no longer congested

B.

The remaining traffic wardens are less stressed because they no longer receive abuse by motorists.

C.

Parking enforcement costs less than before

D.

Revenues from parking have increased

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