RSK4803 Assignment 3 (COMPLETE ANSWERS) 2024 - DUE 7 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. Question 1 22 marks
1.1 In a management meeting, it was decided that the company needs to esta...
In a management meeting, it was decided that the company needs to establish the risk
management function. However, there were different views about the main objective of risk
management.
Choose the correct view about the responsibility of risk management:
a. The chief executive officer held that the responsibility of risk management would be
to assess, control and finance critical risks facing the organisation and report the
outcomes to the board.
b. The chief financial officer stated that the responsibility of risk management would be to
assess critical risks facing the organisation and communicate the assessment to
management and the board.
c. The human resources director argued that the responsibility of risk managementTerms
would be
of use
By making
to compile a report on all risk exposures of the organisation for use of this document
reporting you agree to:
to the board.
• Use this document as a guide for learning, comparison and reference purpose,
d. The compliance
• Not toofficer emphasised
duplicate, that misrepresent
reproduce and/or the responsibility of risk
the contents management
of this would
document as your ownbe to
work,
provide assurance about• theFully accept the consequences
management of risks to should you plagiarise
stakeholders or misuse
of the this document.
organisation.
Answer: Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
The correct view about the responsibility of risk management is:
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
a. The chief executive officer held that the responsibility of risk management form orwould be to
by any means.
assess, control, and finance critical risks facing the organisation and report the outcomes
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable.
Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller iStudy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for 2,70 €. You're not tied to anything after your purchase.
