PASSMATE TUTORIALS
DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK IS
NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE
SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS ASSIGNMENT IS
INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH THEIR ASSIGNMENT,
AND IN NO CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING. WE BELIEVE
THIS WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT WAS
PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY EXISTING
THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE AUTHORS
HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF
THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY FURTHER GUIDELINE
ABOUT THE INFORMATION CONTAINED HERE AND THE MODULE IN GENERAL,
CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI, MNMs,
MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION PREPARATION,
RESEARCH AND RESEARCH PROPOSALS, DISSERTATION EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ, UP etc
For any enquiries the following numbers can be used for calling, SMS, WhatsApp and
telegram
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144
, PASSMATE TUTORIALS
Table of Contents
QUESTION 1 ................................................................................................................. 3
1.1 Risk management is one of the main responsibilities of the board of directors. ............ 3
1.2 The primary objective of any performance measurement process is to establish a
benchmark that can be used to evaluate the outcome of business activities. .................... 3
1.3 The way in which an organisation is structured to undertake risk management is very
important. .................................................................................................................... 3
1.4 The bottom-up approach to risk management only involves top management within the
organisation. ................................................................................................................ 4
1.5 The monitoring of operational risk only focuses on the risk-financing component of the
operational risk-management process. .......................................................................... 4
1.6 Risk reporting is the process whereby an organisation reports on risk internally through
its regulators and shareholders and externally to its management. ................................... 4
1.7 Retention funding is considered a pre-loss funding strategy. ....................................... 4
1.8 Scenario analysis can be initiated as a top-down or bottom-up approach. The bottom-
up approach identifies risks at a more tactical level, consisting of more specific risk
exposures to the business. ............................................................................................ 5
1.9 Checklists are an example of a continuous monitoring method. .................................. 5
1.10 Risk capacity is the attitude towards growth, risk and return. .................................... 5
QUESTION 2 Operational Risk Management Process ....................................................... 6
REFERENCES ............................................................................................................. 13
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144
DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK IS
NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE
SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS ASSIGNMENT IS
INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH THEIR ASSIGNMENT,
AND IN NO CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING. WE BELIEVE
THIS WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT WAS
PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY EXISTING
THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE AUTHORS
HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF
THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY FURTHER GUIDELINE
ABOUT THE INFORMATION CONTAINED HERE AND THE MODULE IN GENERAL,
CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI, MNMs,
MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION PREPARATION,
RESEARCH AND RESEARCH PROPOSALS, DISSERTATION EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ, UP etc
For any enquiries the following numbers can be used for calling, SMS, WhatsApp and
telegram
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144
, PASSMATE TUTORIALS
Table of Contents
QUESTION 1 ................................................................................................................. 3
1.1 Risk management is one of the main responsibilities of the board of directors. ............ 3
1.2 The primary objective of any performance measurement process is to establish a
benchmark that can be used to evaluate the outcome of business activities. .................... 3
1.3 The way in which an organisation is structured to undertake risk management is very
important. .................................................................................................................... 3
1.4 The bottom-up approach to risk management only involves top management within the
organisation. ................................................................................................................ 4
1.5 The monitoring of operational risk only focuses on the risk-financing component of the
operational risk-management process. .......................................................................... 4
1.6 Risk reporting is the process whereby an organisation reports on risk internally through
its regulators and shareholders and externally to its management. ................................... 4
1.7 Retention funding is considered a pre-loss funding strategy. ....................................... 4
1.8 Scenario analysis can be initiated as a top-down or bottom-up approach. The bottom-
up approach identifies risks at a more tactical level, consisting of more specific risk
exposures to the business. ............................................................................................ 5
1.9 Checklists are an example of a continuous monitoring method. .................................. 5
1.10 Risk capacity is the attitude towards growth, risk and return. .................................... 5
QUESTION 2 Operational Risk Management Process ....................................................... 6
REFERENCES ............................................................................................................. 13
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144
