RSK2602 ASSIGNMENT 2 DUE 14 APRIL 2025

1. RSK2602-25-S1
2. Welcome Message
3. Assessment 2



Quiz

Assessment 2
Open course index
Open block drawer
Started on Saturday, 8 March 2025, 7:23 AM
State Finished
Completed on Saturday, 8 March 2025, 8:33 AM
Time taken 1 hour 9 mins
Marks 25.00/25.00
Grade 100.00 out of 100.00
Question 1
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Question text
Post-loss financing includes ...


a.
insurance.


b.
captives.


c.
retention.


d.
equity.
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Your answer is correct.
The correct answer is:
equity.

Question 2
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, Question text
Indicate the correct equation:


a.
residual risk = inherent risk + controls


b.
residual risk = inherent risk - controls


c.
residual risk = key risk - controls


d.
residual risk = residual risk
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Your answer is correct.
The correct answer is:
residual risk = inherent risk - controls

Question 3
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Question text
The following factors should be considered during risk evaluation:
a. the potential time at which the risk event is most likely to occur
b. the potential reputational effect should the loss occur
c. the significance of the risk and likelihood of the loss
d. the cost of risk controls in relation to the potential loss
Choose the correct combination:


a.
b,c


b.
a,b,c


c.
b,c,d


d.
a,b,c,d