Exam (elaborations)
RSK2601 REVISION PACK 2024 (+A SOLUTIONS)
- Institution
- University Of South Africa (Unisa)
RSK2601 REVISION PACK 2024
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EXCELGATE INSTITUTE 0846244729 iexcelgate@gmail.comPU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELGATE INSTITUTE 0846244729 iexcelgate@gmail.com
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Education is the most powerful weapon which you can use to change the world
,8/5/24, 12:46 PM Assessment 1: Attempt review
RSK2601-23-S2 Welcome Message Assessment 1
QUIZ
Started on Thursday, 31 August 2023, 9:34 PM
State Finished
Completed on Thursday, 31 August 2023, 9:47 PM
Time taken 13 mins 1 sec
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
What are the key obstacles in an organisation to integrate risk management with the
overall business strategy?
a Fear of creating a risk-averse and bureaucratic culture.
b The board does not understand or appreciate the principles and benefits of
ERM.
c Competition with other priorities.
d Directors consider risk management a task of line management and not the
board.
Choose the correct combination:
1. a, c
2. a, b, c
3. b, c, d
4. all of the above
Your answer is correct.
The correct answer is:
all of the above
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=12880961&cmid=626052 1/12
, 8/5/24, 12:46 PM Assessment 1: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
Indicate the correct statement.
1. Risk implies the presence of uncertainty.
2. Risk is the deviation of the expected result from the actual result.
3. The probability of an event refers to its short-term frequency of occurrence.
4. Uncertainty arises from a person’s perfect state of knowledge about future
events.
Your answer is correct.
The correct answer is:
Risk implies the presence of uncertainty.
Question 3
Correct
Mark 1.00 out of 1.00
In terms of the King III Code of governance principles ...
1. risk assessment should be performed on an ongoing basis.
2. compliance should not form part of the risk management process.
3. risk management is separable from the company’s strategic business
processes.
4. internal audit should be integrated with the risk management process.
Your answer is correct.
The correct answer is:
risk assessment should be performed on an ongoing basis.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=12880961&cmid=626052 2/12
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