Exam (elaborations)
RSK2602 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS }
- Institution
- University Of South Africa
RSK2602 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS }
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lOMoAR cPSD| 49511909Downloaded by Vincent master
(philomenamusangi990@gmail.com)
, lOMoAR cPSD| 49511909
Question
Correct
Mark 1.00 out of 1.00
The attitude towards risk that requires no
changes in the risk/reward balance in return
for an increase in risk …
a.
is not conducive for taking any risks to
enhance the business.
b.
is considered a conservative approach to
risk management.
c.
normally relates to speculation.
d.
is referred to as a risk-seeking approach
to risk management.
Downloaded by Vincent master (philomenamusangi990@gmail.com)
, lOMoAR cPSD| 49511909
Question
Correct
Mark 1.00 out of 1.00
Your answer is correct.
The correct answer is:
is not conducive for taking any risks to
enhance the business.
2
The operational risk management
framework comprises of …
a.identi cation, assessment, control and
nancing.
b. strategy, culture, structure and process.
c. vision, mission, environment, goals and
objectives.
d. data, risk appetite, objectives and action
plans.
Downloaded by Vincent master (philomenamusangi990@gmail.com)
, lOMoAR cPSD| 49511909
Question
Correct
Mark 1.00 out of 1.00
Your answer is correct.
The correct answer
is: strategy, culture,
structure and
process.
Forward contracts …
a. are used mainly as anticipatory hedges.
b. are used to provide leverage or gearing.
c. are used to hedge against operational
risk.
d. allow investors to transform current
commitments in an attempt to match up
with changing circumstances and
expectations.
Your answer is correct.
Downloaded by Vincent master (philomenamusangi990@gmail.com)
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