RSK2601/1/2023
Assignment Information
Enterprise Risk Management
RSK2601
Semester 1
Department of Finance, Risk Management and
Banking
IMPORTANT INFORMATION
Please register on myUnisa, activate your myLife e-mail address,
and make sure that you have regular access to the module site on myUnisa
(RSK2601-2023-S1).
, Dear Student
The purpose of this document is to give you information about Assessment 1 for this module. The
Assessment tab will open on 23 January 2023 to allow you to complete Assignment 1. You are
permitted five attempts to submit the assignment; we have allowed a second attempt in case you
experience technical problems during your first submission attempt. Please go onto the module
site on myUnisa, and then click on Assessment 1.
We suggest that you work through the assignment questions before submitting your answers via
the Assessment tab.
1 THE ASSIGNMENT
FIRST SEMESTER ASSIGNMENT 01
Due date 31 March 2023
Unique number 877223
Aim: To evaluate your knowledge of some of the fundamental aspects of Lessons 1 to 4 in the
study guide, and chapters 1, 2 and 8 to 14 in the prescribed book.
Answer the following questions and submit your assessment on myUnisa, at
https://myunisa.ac.za.
Multiple-choice questions
Question 1
In terms of the King III code of governance principles …
1 risk management should be performed on an ongoing basis.
2 internal audit should be integrated with the risk management process.
3 compliance should not form part of the risk management process.
4 risk management is separable from the company’s strategic business processes.
Question 2
Which stage of the enterprise risk management (ERM) process is concerned with gaining an
understanding of the background to the business as a whole and the specific business activities,
processes or projects?
2