RSK2602 Assignment 1
(COMPLETE ANSWERS)
Semester 2 2025 - DUE 20
August 2025
NO PLAGIARISM
[Pick the date]
[Type the company name]
, Exam (elaborations)
RSK2602 Assignment 1 (COMPLETE
ANSWERS) Semester 2 2025 - DUE 20
August 2025
Course
Fundamentals of Operational & Financial Risk (RSK2602)
Institution
University Of South Africa (Unisa)
Book
OPERATIONAL RISK MANAGEMENT
RSK2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2025 - DUE 20
August 2025; 100% TRUSTED Complete, trusted solutions and explanations.
1.1 Operational failures caused by staff are driven by error, fraud and data
theft. True/False 1.2 Technology and systems are examples of external
drivers of operational risk management. True/False 1.3 Operational risk is
the risk of loss arising from human error, management failure and fraud
or shortcomings in systems or controls. This would include strategic and
reputational risk. True/False Downloaded by Phuluso Mukwevh ()
lOMoARcPSD| RSK2602/02/2025 3 1.4 Risk-indifferent requires no
changes in the risk/reward balance in return for an increase in risk. This
attitude is usually not conducive for taking any risks to enhance the
business. True/False 1.5 Self-insurance can be achieved by way of
captives. True/False
1.1 True. Staff-related operational failures are primarily driven by error, fraud, and data theft.
1.2 False. Technology and systems are examples of internal drivers of operational risk
management. External drivers would include things like political instability, changes in
regulations, or natural disasters.
1.3 False. While operational risk does involve loss from human error, management failure, fraud,
or system shortcomings, it does not include strategic and reputational risk. Strategic and
reputational risks are distinct categories of risk.
(COMPLETE ANSWERS)
Semester 2 2025 - DUE 20
August 2025
NO PLAGIARISM
[Pick the date]
[Type the company name]
, Exam (elaborations)
RSK2602 Assignment 1 (COMPLETE
ANSWERS) Semester 2 2025 - DUE 20
August 2025
Course
Fundamentals of Operational & Financial Risk (RSK2602)
Institution
University Of South Africa (Unisa)
Book
OPERATIONAL RISK MANAGEMENT
RSK2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2025 - DUE 20
August 2025; 100% TRUSTED Complete, trusted solutions and explanations.
1.1 Operational failures caused by staff are driven by error, fraud and data
theft. True/False 1.2 Technology and systems are examples of external
drivers of operational risk management. True/False 1.3 Operational risk is
the risk of loss arising from human error, management failure and fraud
or shortcomings in systems or controls. This would include strategic and
reputational risk. True/False Downloaded by Phuluso Mukwevh ()
lOMoARcPSD| RSK2602/02/2025 3 1.4 Risk-indifferent requires no
changes in the risk/reward balance in return for an increase in risk. This
attitude is usually not conducive for taking any risks to enhance the
business. True/False 1.5 Self-insurance can be achieved by way of
captives. True/False
1.1 True. Staff-related operational failures are primarily driven by error, fraud, and data theft.
1.2 False. Technology and systems are examples of internal drivers of operational risk
management. External drivers would include things like political instability, changes in
regulations, or natural disasters.
1.3 False. While operational risk does involve loss from human error, management failure, fraud,
or system shortcomings, it does not include strategic and reputational risk. Strategic and
reputational risks are distinct categories of risk.
