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RSK1501 ASSIGNMENT 1 FOR 2ND SEMESTER 2024

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Uploaded on
August 6, 2024
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29
Written in
2024/2025
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RSK1501
ASSIGNMENT 1 FOR 2ND SEMESTER 2024




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,Question 1
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Question text
What is the main goal of risk treatment?




a.
To increase risk likelihood.




b.
To transfer all risks.




c.
To decrease risk impact and likelihood.




d.
To ignore risks.



Clear my choice

Question 2
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In the context of banking risk, what does the term "systemic risk" refer to?




a.
Risk associated with specific banks.



Whatsapp Marlvin @ +2763 173 8181

, b.
Risk that affects the entire financial system.




c.
Risk from a single economic sector.




d.
Risk relevant only to local markets.



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Question 3
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Question text
Which one of the following financial statements provides an overview of a bank's financial position at a
specific point in time?




a.
Statement of financial position.




b.
Statement of comprehensive income.




c.
Cash Flow Statement.




Whatsapp Marlvin @ +2763 173 8181

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