RSK4801 Assessment 03 2025 Risk Management Questions and Answers

RSK4801 Assessment 03 2025: Risk
Management Questions and Answers

,RSK4801ASSESSMENT032025



Question 1
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A definition of a report is usually a single sheet of paper, which
typically contains the following:

i) Name of the report ii)

Objective(s) of the report iii)

Distribution list of recipients iv)

Names of fields to be used

v) Calculations required in each field vi) Manual

actions to be performed in each field

vii) How to use the final report

Choose the correct combination.

Select one:

a.
i, ii, iii, iv, v, vi, vii

b.

ii, iii, iv, vi, vii

c.

,i, ii, iii, v, vi, vii
d.
i,ii, iii, iv, v - CORRECT ANSWER




Question 2
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, What should a firm have developed to be more likely to have a full set of risk
and control assessments and a realistic view of the risk and control profile of
the firm? Select one:
a.
Informed decision making
b.
Risk appetite
c.
Integrated risk management – CORRECT ANSWER
d.
Strong risk culture

Question 3
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Which option will mean that everybody directly responsible for reputation risk
management has clearly defined roles and responsibilities?
Select one:
a.
Governance structure – CORRECT ANSWER
b.
Control structure


c.
Commitment structure
d.
Communication structure