QUIZ
Assessment 2
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Started on Saturday, 19 August 2023, 7:54 PM
State Finished
Completed on Saturday, 19 August 2023, 8:35 PM
Time taken 40 mins 30 secs
Question 1
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Question text
Residual risk may typically be dealt with through …
a.
appropriate preventative control measures
b.
insurance policies
c.
strategic management processes
d.
acceptance/tolerance
Question 2
Complete
Marked out of 1.00
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Question text
Motor vehicle accidents for a business with a motor fleet may typically be …
, a.
classified as a high-frequency/low-severity losses.
b.
best dealt with by accepting it as an operating expense.
c.
best dealt with through third-party insurance.
d.
ignored in terms of risk control decision-making.
Question 3
Complete
Marked out of 1.00
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Question text
Scenario formulation and analysis …
a.
merely identifies risks at a macro level.
b.
is primarily a top-down approach to evaluating operational risk.
c.
is used to neutralise some subjectivity of other non-numerical assessment methods.
d.
merely identifies risks at a tactical level.
Assessment 2
Open course index
Open block drawer
Started on Saturday, 19 August 2023, 7:54 PM
State Finished
Completed on Saturday, 19 August 2023, 8:35 PM
Time taken 40 mins 30 secs
Question 1
Complete
Marked out of 1.00
Flag question
Question text
Residual risk may typically be dealt with through …
a.
appropriate preventative control measures
b.
insurance policies
c.
strategic management processes
d.
acceptance/tolerance
Question 2
Complete
Marked out of 1.00
Flag question
Question text
Motor vehicle accidents for a business with a motor fleet may typically be …
, a.
classified as a high-frequency/low-severity losses.
b.
best dealt with by accepting it as an operating expense.
c.
best dealt with through third-party insurance.
d.
ignored in terms of risk control decision-making.
Question 3
Complete
Marked out of 1.00
Flag question
Question text
Scenario formulation and analysis …
a.
merely identifies risks at a macro level.
b.
is primarily a top-down approach to evaluating operational risk.
c.
is used to neutralise some subjectivity of other non-numerical assessment methods.
d.
merely identifies risks at a tactical level.
