CIMA Risk Management P3 Question # 5 Topic 1 Discussion

CIMA Risk Management P3 Question # 5 Topic 1 Discussion

P3 Exam Topic 1 Question 5 Discussion:
Question #: 5
Topic #: 1

Which of the following scenarios might be relevant stress tests for a potential lender to conduct? Which TWO of the following answers are correct?


A.

The potential borrower could be involved in an accounting scandal


B.

The potential borrower might have manipulated the figures in the loan application.


C.

The potential borrower might lose its three main customers.


D.

The potential borrower might seek further debt in the future.


E.

The potential borrower might have to agree to a major wage increase for its employees.


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