RSK2601 MCQ Latest exam pack questions and answers and summarized notes for exam preparation. Updated for 2025. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
RSK2601 TEST BANK
Question 1
Which one of the following is a benefit of effective risk and opportunity management?
1) Improved profit certainty
2) Increased shareholder value
3) Increased stakeholder confidence Correct option 3
4) Lower economic returns
Explanation
Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and
higher economic returns are all benefits of effective risk and opportunity management.
Question 2
The board’s role should be to steer the corporation towards corporate governance policies that
support …
1) long-term sustainable growth in shareholder value Correct option 1
2) short-term sustainable growth in shareholder value
3) short-term sustainable growth in stakeholder value
4) long-term sustainable growth in stakeholder value
Explanation
The board’s role should be to steer the corporation towards corporate governance policies that
support long-term sustainable growth in shareholder value.
Question 3
Which one of the following statements is not considered a benefit of Enterprise Risk Management
(ERM)?
1) Minimise operational surprises and losses.
2) Enhance corporate governance.
3) Comply with relevant legal and regulatory requirements.
4) Align return appetite and strategy. Correct option 4
Explanation
Benefits of Enterprise Risk Management (ERM) include minimisation of operational surprises and
losses, enhancing corporate governance, complying with relevant legal and regulatory requirements
and aligning risk appetite and strategy. The determination of the risk appetite of a business is vital
in the ERM process because it shows how much risk the business is willing to take on.
Question 4
The King II report moved away from the … bottom-line principle to a … bottom-line principle.
1) double - triple
2) single - triple Correct option 2
3) single - double
4) double – single
1
, Explanation
The King II report moved away from the single bottom-line principle to a triple bottom-line principle.
Question 5
As of June 2010, companies listed on the JSE are expected to comply with …
1) King I
2) King II
3) King III Correct option 3
4) King IV
Explanation
As of June 2010, companies listed on the JSE are expected to comply with King III.
Question 6
King III applies to …
a) All listed companies on the JSE
b) Banks
c) Financial institutions
d) Insurance institutions
Choose the correct option.
1) a, b, c, d
2) a, b, c
3) a, b, d Correct option 3
4) a, b
Explanation
King III applies to all listed companies on the JSE, banks, financial and insurance institutions.
Question 7
In financial ratio analysis, efficiency ratios …
1) measures the degree of success of the management in achieving their primary purpose of
creating wealth for their owners
2) are also known as activity ratios correct option 2
3) examine the relationship between liquid resources held and creditors due for payment in
the near future
4) assess the returns and performance of shares held in a particular business
Explanation
In financial ratio analysis, efficiency ratios are also known as activity ratios.
Question 8
A GAP analysis …
1) is used to list all the risks that were identified on previous projects within the business
2) is a list that categorises each risk into a type of area
3) can be used to identify the main risks linked to a certain activity or project of the business
Correct option 3
2
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
√ Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper LIBRARYpro. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €2,62. Je zit daarna nergens aan vast.