RSK4801 UNISA Exams and Answers documents

UNISA


RSK4801 Assessment 03 2025


Operational Risk Management
(University of South Africa)

, RSK4801 ASSESSMENT 03 2025

Question 1

Marked out of 1.00

Question text
A definition of a report is usually a single sheet of paper, which typically contains the following:
i) Name of the report
ii) Objective(s) of the report
iii) Distribution list of recipients
iv) Names of fields to be used
v) Calculations required in each field
vi) Manual actions to be performed in each field
vii) How to use the final report
Choose the correct combination.

Select one:
a.
i, ii, iii, iv, v, vi, vii b.
ii, iii, iv, vi, vii

c.
i, ii, iii, v, vi, vii




lk 2.5.4.7.4.6.7.8.4.5.9.3, w,a,m,e

, d.
ii, iii, iv, v


Question 2
Marked out of 1.00




Question text
What should a firm have developed to be more likely to have a full set of risk and control
assessments and a realistic view of the risk and control profile of the firm?
Select one:
a.
Informed decision making b.
Risk appetite c.
Integrated risk management d.
Strong risk culture




Question 3
Marked out of 1.00




Question text
Which option will mean that everybody directly responsible for reputation risk management has
clearly defined roles and responsibilities?
Select one:
a.
Governance structure b.
Control structure




c.
Commitment structure d.
lk 2.5.4.7.4.6.7.8.4.5.9.3, w,a,m,e

, Communication structure


Question 4
Marked out of 1.00




Question text
What can cover the risk of losses as a result of frequent climate changes? Select one:
a.
Environmental policy b.
Self-insurance c.
Weather derivatives d.
Climate change policy




Question 5
Marked out of 1.00




Question text
It is important that the interdependencies of … are recognised in operational risk report.
Select one:
a.
market, credit and operational risks b.
risks, controls and indicators




c.
performance measurement, compensation and audit planning d.
risks, events and losses




lk 2.5.4.7.4.6.7.8.4.5.9.3, w,a,m,e