Elite Academic Institute 068 053 513 262 1185
ademic In
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Educating the world for a better change
,Elite Academic Institute
7/9/26, 8:01 PM Assessment 2 (page 1 of 25)
RSK4803-26-Y Welcome Message Assessment 2
QUIZ
Question 1
Answer saved
Marked out of 1.00
A grinding mill in the Free State Province breaks down on average 5 times a month. What is the probability that the mill will
not break down in a month?
a. 0,0500
b. 0,0670
c. 0,400
d. 0,0067
Clear my choice
Question 2
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Marked out of 1.00
The time taken to do minor check-ups on small cars is found to be normally distributed with a mean time of 30 minutes and a
standard deviation of 5 minutes. What is the time limit for checking a car if no more than 10% of checks exceed this limit?
a. 3,00 minutes
b. 6,00 minutes
c. 1,28 minutes
d. 36,40 minutes
Clear my choice
068 053 8213 /0717 513 144/ 061 262 1185
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=34077151&cmid=1301707 1/1
,Elite Academic Institute
7/9/26, 8:01 PM Assessment 2 (page 2 of 25)
068 053 8213 /0717 513 144/ 061 262 1185
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=34077151&cmid=1301707&page=1 1/2
, Elite Academic Institute
7/9/26, 8:01 PM Assessment 2 (page 2 of 25)
RSK4803-26-Y Welcome Message Assessment 2
QUIZ
Question 3
Answer saved
Marked out of 1.00
The decision to take risks depends on the …
a.
availability of risk capital and promising investment opportunities.
b.
level of risk appetite and promising investment opportunities.
c. level of risk appetite and risk tolerance.
d.
strength of the organisation and promising investment opportunities.
Clear my choice
Question 4
Answer saved
Marked out of 1.00
The role of risk management in strategic decision making is to …
a.
inform top management about the risks investors are willing to take.
b. timeously communicate the information to the board and executive management, to assess the consequences of
retaining risks.
c.
communicate the type of risks the organisation should take.
d.
identify the organisation’s competitive advantage when taking investment decisions.
Clear my choice
068 053 8213 /0717 513 144/ 061 262 1185
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=34077151&cmid=1301707&page=1 2/2
ademic In
Ac sti
te
tu
Eli
te
he
de
W
re a
G ra eM
d u a te s Ar
Educating the world for a better change
,Elite Academic Institute
7/9/26, 8:01 PM Assessment 2 (page 1 of 25)
RSK4803-26-Y Welcome Message Assessment 2
QUIZ
Question 1
Answer saved
Marked out of 1.00
A grinding mill in the Free State Province breaks down on average 5 times a month. What is the probability that the mill will
not break down in a month?
a. 0,0500
b. 0,0670
c. 0,400
d. 0,0067
Clear my choice
Question 2
Answer saved
Marked out of 1.00
The time taken to do minor check-ups on small cars is found to be normally distributed with a mean time of 30 minutes and a
standard deviation of 5 minutes. What is the time limit for checking a car if no more than 10% of checks exceed this limit?
a. 3,00 minutes
b. 6,00 minutes
c. 1,28 minutes
d. 36,40 minutes
Clear my choice
068 053 8213 /0717 513 144/ 061 262 1185
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=34077151&cmid=1301707 1/1
,Elite Academic Institute
7/9/26, 8:01 PM Assessment 2 (page 2 of 25)
068 053 8213 /0717 513 144/ 061 262 1185
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=34077151&cmid=1301707&page=1 1/2
, Elite Academic Institute
7/9/26, 8:01 PM Assessment 2 (page 2 of 25)
RSK4803-26-Y Welcome Message Assessment 2
QUIZ
Question 3
Answer saved
Marked out of 1.00
The decision to take risks depends on the …
a.
availability of risk capital and promising investment opportunities.
b.
level of risk appetite and promising investment opportunities.
c. level of risk appetite and risk tolerance.
d.
strength of the organisation and promising investment opportunities.
Clear my choice
Question 4
Answer saved
Marked out of 1.00
The role of risk management in strategic decision making is to …
a.
inform top management about the risks investors are willing to take.
b. timeously communicate the information to the board and executive management, to assess the consequences of
retaining risks.
c.
communicate the type of risks the organisation should take.
d.
identify the organisation’s competitive advantage when taking investment decisions.
Clear my choice
068 053 8213 /0717 513 144/ 061 262 1185
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=34077151&cmid=1301707&page=1 2/2
