Fundamentals of Operational & Financial Risk
University of South Africa (Unisa)
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THIS DOCUMENT CONTAINS RSK2602 ASSESSMENT 1 SEM 2 OF 2025 EXPECTED SOLUTIONS. USE IT AS A GUIDE.
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RSK2602 ASSIGNMENT 1 SEMESTER 2 2025 *COMPLETE ANSWERS * DUE DATE 20 AUGUST 2025 (BEST ANSWERS FOR THIS ASSIGNMENT)
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RSK2602 ASSIGNMENT 1 SEMESTER 2 2025 *COMPLETE ANSWERS * DUE DATE 20 AUGUST 2025 (BEST ANSWERS FOR THIS ASSIGNMENT) 
 
QUESTION ONE (20 Marks) 
1.1 – True 
Operational failures caused by staff are indeed commonly driven by human error, 
fraud, and data theft. These risks arise from internal actions—whether accidental or 
intentional—and are a key focus of operational risk management. Employees may 
unintentionally make mistakes or intentionally commit fraud, and both can result in 
signifi...
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RSK2602 Assignment 1 Semester 2 2025 (Answer Guide) - DUE 20 August 2025
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RSK2602 Assignment 1 Semester 2 2025 (Answer Guide) - DUE 20 August 2025 
Question 1 
1.1 Operational failures caused by staff are driven by error, fraud and data theft. 
True – In operational risk management, staff-related failures often stem from unintentional mistakes (errors), intentional misconduct (fraud), and the deliberate or accidental leaking of confidential information (data theft). These human factors can disrupt operations, cause financial loss, and harm organisational reputation ...
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RSK2602 Assignment 1 Semester 2 2025 (Answer Guide) - DUE 20 August 2025
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RSK2602 Assignment 1 Semester 2 2025 (Answer Guide) - DUE 20 August 2025 
Contents 
Question 1	1 
Question 2	4 
Meaning of Risk Appetite	4 
Four Principles for Determining Risk Appetite	4 
Question 3	5 
Cost Components of the Overall Cost of Risk	5 
References	6
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RSK2602 Assignment 1 (QUALITY ANSWERS) Semester 2 2025
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This document contains workings, explanations and solutions to the RSK2602 Assignment 1 (QUALITY ANSWERS) Semester 2 2025. For assistance whats-app us on 0.6.8..8.1.2..0.9.3.4...T 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 sys...
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RSK2602 Assignment 1 (DETAILED ANSWERS) Semester 2 2025 - DISTINCTION GUARANTEED
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RSK2602 Assignment 1 (DETAILED ANSWERS) Semester 2 2025 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references....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 syst...
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RSK2602 Assignment 1 (ANSWERS) Semester 2 2025 - DISTINCTION GUARANTEED
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Achieve a distinction with this comprehensive and well-organized set of RSK2602 Assignment 1 (ANSWERS) Semester 2 2025 - DISTINCTION GUARANTEED. Ensure accuracy and excellence in your submission!!!! 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 ...
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RSK2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2025 - DUE 20 August 2025
- Exam (elaborations) • 7 pages • 2025
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RSK2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2025 - DUE 20 August 2025; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. 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 failu...
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RSK2602 Assignment 1 Semester 2 Memo | Due 20 August 2025
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RSK2602 Assignment 1 Semester 2 Memo | Due 20 August 2025. All questions fully answered. Question 1 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/Fals...
RSK4801 ASSIGNMENT 6 (QUESTIONS AND ANSWERS) YEAR MODULE - 2025
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