2025 – S1 – RSK2601 – ASSESSMENT 2 – Q&A
QUIZ
Assessment 2
Started on Saturday, 19 April 2025,
State Finished
Completed on Saturday, 19 April 2025,
Time taken
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
A country’s ability or intention to meet its financial obligations determines its … risk.
1.
country
2.
financial
3.
economic
4.
political
Feedback
Your answer is correct.
The correct answer is:
economic
Question 2
Which of the following risks are seen as internal micro-influences on a business?
1.
Social, ethical, health, and safety risks
2.
Ethical, project, and technological risks
1
,2025 – S1 – RSK2601 – ASSESSMENT 2 – Q&A
3.
Economic, political, and environmental risks
4.
Project, market, and legal risks
Feedback
Your answer is correct.
The correct answer is:
Ethical, project, and technological risks
Question 3
In implementing operational risk management in a business, external events that can
occur outside the organisation must be considered. These events may require a
business to have response strategies in the form of …
1.
project and knowledge management
2.
project management and business contingency plans
3.
change management and business contingency plans
4.
project and knowledge management
Feedback
Your answer is correct.
The correct answer is:
change management and business contingency plans
Question 4
Derivative contracts written to meet the specific needs of individual clients are called
… derivatives.
1.
2
,2025 – S1 – RSK2601 – ASSESSMENT 2 – Q&A
over-the-counter
2.
interest rate
3.
exchange-traded
4.
liquidity
Feedback
Your answer is correct.
The correct answer is:
over-the-counter
Question 5
Expropriation of corporate assets without prompt and adequate compensation is an
example of … risk.
1.
cultural
2.
political
3.
economic
4.
legal
Feedback
Your answer is correct.
The correct answer is:
political
Question 6
3
, 2025 – S1 – RSK2601 – ASSESSMENT 2 – Q&A
Which of the following are examples of communication technology?
a Telematics
b Intranet
c Conference calls
d Broadband
Choose the correct combination:
1.
a, b
2.
c, d
3.
a, b, d
4.
all the options
Feedback
Your answer is correct.
The correct answer is:
c, d
Question 7
Differentiate between liquidity risk and credit risk.
1.
Liquidity risk is the risk that the business will be unable to obtain funds to meet its
obligations. In contrast, credit risk is the financial loss suffered due to the default of a
borrower under a contract.
2.
Liquidity risk is the certainty that the business will meet its obligations, and credit risk
is the financial gain if creditors meet their requirements.
3.
4
QUIZ
Assessment 2
Started on Saturday, 19 April 2025,
State Finished
Completed on Saturday, 19 April 2025,
Time taken
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
A country’s ability or intention to meet its financial obligations determines its … risk.
1.
country
2.
financial
3.
economic
4.
political
Feedback
Your answer is correct.
The correct answer is:
economic
Question 2
Which of the following risks are seen as internal micro-influences on a business?
1.
Social, ethical, health, and safety risks
2.
Ethical, project, and technological risks
1
,2025 – S1 – RSK2601 – ASSESSMENT 2 – Q&A
3.
Economic, political, and environmental risks
4.
Project, market, and legal risks
Feedback
Your answer is correct.
The correct answer is:
Ethical, project, and technological risks
Question 3
In implementing operational risk management in a business, external events that can
occur outside the organisation must be considered. These events may require a
business to have response strategies in the form of …
1.
project and knowledge management
2.
project management and business contingency plans
3.
change management and business contingency plans
4.
project and knowledge management
Feedback
Your answer is correct.
The correct answer is:
change management and business contingency plans
Question 4
Derivative contracts written to meet the specific needs of individual clients are called
… derivatives.
1.
2
,2025 – S1 – RSK2601 – ASSESSMENT 2 – Q&A
over-the-counter
2.
interest rate
3.
exchange-traded
4.
liquidity
Feedback
Your answer is correct.
The correct answer is:
over-the-counter
Question 5
Expropriation of corporate assets without prompt and adequate compensation is an
example of … risk.
1.
cultural
2.
political
3.
economic
4.
legal
Feedback
Your answer is correct.
The correct answer is:
political
Question 6
3
, 2025 – S1 – RSK2601 – ASSESSMENT 2 – Q&A
Which of the following are examples of communication technology?
a Telematics
b Intranet
c Conference calls
d Broadband
Choose the correct combination:
1.
a, b
2.
c, d
3.
a, b, d
4.
all the options
Feedback
Your answer is correct.
The correct answer is:
c, d
Question 7
Differentiate between liquidity risk and credit risk.
1.
Liquidity risk is the risk that the business will be unable to obtain funds to meet its
obligations. In contrast, credit risk is the financial loss suffered due to the default of a
borrower under a contract.
2.
Liquidity risk is the certainty that the business will meet its obligations, and credit risk
is the financial gain if creditors meet their requirements.
3.
4
