[TYPE THE COMPANY NAME]
RSK2602 Assignment 1
(COMPLETE ANSWERS)
Semester 2 2025 - DUE 20
August 2025
NO PLAGIARISM
[Pick the date]
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]
, 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 Operational failures caused by staff are driven by error, fraud and data theft.
✅ True – Staff-related operational risks typically arise from mistakes, intentional fraud, or
malicious acts such as data theft.
1.2 Technology and systems are examples of external drivers of operational risk management.
❌ False – Technology and systems are internal drivers of operational risk (external drivers
would be things like regulation, economic environment, or natural disasters).
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.
❌ False – Operational risk excludes strategic and reputational risk (though these can be
impacted by operational failures).
RSK2602 Assignment 1
(COMPLETE ANSWERS)
Semester 2 2025 - DUE 20
August 2025
NO PLAGIARISM
[Pick the date]
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]
, 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 Operational failures caused by staff are driven by error, fraud and data theft.
✅ True – Staff-related operational risks typically arise from mistakes, intentional fraud, or
malicious acts such as data theft.
1.2 Technology and systems are examples of external drivers of operational risk management.
❌ False – Technology and systems are internal drivers of operational risk (external drivers
would be things like regulation, economic environment, or natural disasters).
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.
❌ False – Operational risk excludes strategic and reputational risk (though these can be
impacted by operational failures).
