100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
RSK2601 Assignment 1 semester 2 due on 31 August 2023 $2.85   Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. Enterprise Risk Management (RSK2601)

Exam (elaborations)

RSK2601 Assignment 1 semester 2 due on 31 August 2023

1 review
 100 views  18 purchases
  • Course
  • Enterprise Risk Management (RSK2601)
  • Institution
  • University Of South Africa (Unisa)

This document contains multiple solutions to RSK2601 Assignment 1 semester 2 due on 31 August 2023. Using this document will ensure that you get 90% plus to 100% guaranteed, for further Assistance 2

Preview 2 out of 96  pages

Document information

  • August 20, 2023
  • 96
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • rsk2601 assignment 1 semester 2 2023

Written for

  • University of South Africa (Unisa)
  • Enterprise Risk Management (RSK2601)
All documents for this subject (26)

1  review

review-writer-avatar

By: zizilejamba • 1 year ago

Seller

avatar-seller
Oustandingtutors

Reviews received

Content preview

8/20/23, 12:43 PM Assessment 1: Attempt review



QUIZ




Started on Sunday, 20 August 2023, 12:02 PM
State Finished
Completed on Sunday, 20 August 2023, 12:43 PM
Time taken 41 mins 31 secs
Marks 18.00/20.00
Grade 90.00 out of 100.00

Question 1
Incorrect

Mark 0.00 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 incorrect.
The correct answer is:
all of the above




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=12424356&cmid=626052 1/12

, 8/20/23, 12:44 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=12424356&cmid=626052 2/12

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

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.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Oustandingtutors. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.85. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.85  18x  sold
  • (1)
  Add to cart