RSK2601 Assignment 2 QUIZ (COMPLETE ANSWERS) Semester 1 2026 - DUE 24 April 2026

RSK2601 Assignment 2 QUIZ (COMPLETE ANSWERS) Semester 1 2026 - DUE 24 April 2026; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.8.1..2.7.8..3.3.7.2... Ensure your success with us.... Which of the following is an operational benefit of managing health and safety risks? A. Increased staff absenteeism B. Improved productivity C. Increased insurance premiums D. Reduced employee training Clear my choice Which option highlights the key difference between project risk and project risk management? A. Both terms refer to the same concept B. Project risk is always positive, while risk management is always negative C. Project risk refers to uncertainties, while risk management refers to handling those uncertainties D. Project risk is a process, while risk management is an event Clear my choice Time left 1:53:55 Question 3 Not yet answered Marked out of 1.00 A project manager identifies a possible delay due to supplier issues. This is an example of: A. Risk evaluation B. Risk mitigation C. Project Risk Management D. Project risk Clear my choice RSK2601-26-S1  Welcome Message  Assessment 2 Question 4 Not yet answered Marked out of 1.00 Question 5 Not yet answered Marked out of 1.00 QUIZ Employees working for Company A have access to the company’s code of conduct, which is not available to external parties.The code of conduct is posted on the company’s … A. management information systems B. intranets C. information assets D. e-commerce Clear my choice Which of the following is NOT considered a macro risk? A. Political instability B. Legal regulations C. Economic recession D. Poor internal management Clear my choice Time left 1:52:37 Question 6 Not yet answered Marked out of 1.00 Which financial instrument is commonly used for hedging? A. Shares B. Revenues C. Taxes D. Derivatives Clear my choice RSK2601-26-S1  Welcome Message  Assessment 2 Question 7 Not yet answered Marked out of 1.00 Question 8 Not yet answered Marked out of 1.00 QUIZ Information technology risks include … A. a lack of observance of rules set by a regulatory body. B. unauthorised access or disclosure of data and data corruption. C. authorised access or disclosure of data and data corruption. D. the loss arising from legal action against an organisation for inadequate practices. Clear my choice Which of the following best defines operational risk? A. The risk of loss resulting from inadequate or failed internal processes, people, systems, or external events B. The risk of losses due to changes in market prices C. The risk of default by borrowers D. The risk of liquidity shortages Clear my choice Time left 1:51:06 Question 9 Not yet answered Marked out of 1.00 Which of the following statements is true regarding Enterprise Risk Management (ERM) and Project Risk Management(PRM)? A. ERM and PRM are identical approaches but used in different industries. B. PRM considers risks that affect the enterprise’s overall objectives, while ERM considers risks that affect onlyindividual projects. C. ERM integrates risks from multiple projects and external factors into a holistic framework, while PRM is narrower inscope. D. PRM provides a governance framework for the organisation, while ERM manages task-level risks. Clear my choice RSK2601-26-S1  Welcome Message  Assessment 2 Question 10 Not yet answered Marked out of 1.00 Question 11 Not yet answered Marked out of 1.00 QUIZ Which of the following is considered an environmental risk for businesses? A. Cybersecurity attacks B. Reduced employee training C. Changes in consumer preferences D. Flooding affecting production facilities Clear my choice An organisation chooses to accept a high-risk project after fully informing stakeholders and ensuring compliance with ethicalstandards. This decision reflects: A. Unethical conduct B. Risk ignorance C. Risk avoidance D. Ethical risk acceptance Clear my choice Time left 1:50:08 Question 12 Not yet answered Marked out of 1.00 Which ratio is commonly used to measure a firm's liquidity position? A. Current ratio B. Return on assets C. Earnings per share D. Debt-to-equity ratio Clear my choice RSK2601-26-S1  Welcome Message  Assessment 2 Question 13 Not yet answered Marked out of 1.00 Question 14 Not yet answered Marked out of 1.00 QUIZ ... demonstrates the interaction between multiple operational risk elements. A. A rise in interest rates B. A cyberattack exploiting weak systems and poor internal controls C. An employee making a minor error D. A natural disaster affecting only infrastructure Clear my choice Control technology can be defined as … A. the collection, storage and processing of information by electronic means. B. IT governance to manage the risks and constraints of IT. C. network systems in which computers are linked to one another over a network. D. specific computer-based production control systems. Clear my choice Time left 1:44:43 Question 15 Not yet answered Marked out of 1.00 A company exports goods to multiple countries. Due to sudden currency depreciation, the company faces losses. Whicheconomic risk is primarily involved? A. Strategic risk B. Credit risk C. Market risk D. Operational risk Clear my choice RSK2601-26-S1  Welcome Message  Assessment 2 Question 1 Not yet answered Marked out of 1.00 Question 2 Not yet answered Marked out of 1.00 QUIZ Control technology can be defined as … A. the collection, storage and processing of information by electronic means. B. IT governance to manage the risks and constraints of IT. C. network systems in which computers are linked to one another over a network. D. specific computer-based production control systems. Clear my choice Which of the following best defines operational risk? A. The risk of loss resulting from inadequate or failed internal processes, people, systems, or external events B. The risk of losses due to changes in market prices C. The risk of default by borrowers D. The risk of liquidity shortages Clear my choice Time left 1:55:04 Question 3 Not yet answered Marked out of 1.00 Information technology risks include … A. a lack of observance of rules set by a regulatory body. B. unauthorised access or disclosure of data and data corruption. C. authorised access or disclosure of data and data corruption. D. the loss arising from legal action against an organisation for inadequate practices. Clear my choice RSK2601-26-S1  Welcome Message  Assessment 2 Question 4 Not yet answered Marked out of 1.00 Question 5 Not yet answered Marked out of 1.00 QUIZ A project manager identifies a possible delay due to supplier issues. This is an example of: A. Risk evaluation B. Risk mitigation C. Project Risk Management D. Project risk Clear my choice A company exports goods to multiple countries. Due to sudden currency depreciation, the company faces losses. Whicheconomic risk is primarily involved? A. Strategic risk B. Credit risk C. Market risk D. Operational risk Clear my choice Time left 1:52:44 Question 6 Not yet answered Marked out of 1.00 Which financial instrument is commonly used for hedging? A. Shares B. Revenues C. Taxes D. Derivatives Clear my choice RSK2601-26-S1  Welcome Message  Assessment 2 Question 7 Not yet answered Marked out of 1.00 Question 8 Not yet answered Marked out of 1.00 QUIZ Which of the following is an operational benefit of managing health and safety risks? A. Increased staff absenteeism B. Improved productivity C. Increased insurance premiums D. Reduced employee training Clear my choice Which ratio is commonly used to measure a firm's liquidity position? A. Current ratio B. Return on assets C. Earnings per share D. Debt-to-equity ratio Clear my choice Time left 1:51:46 Question 9 Not yet answered Marked out of 1.00 Which of the following is NOT considered a macro risk? A. Political instability B. Legal regulations C. Economic recession D. Poor internal management Clear my choice RSK2601-26-S1  Welcome Message  Assessment 2 Question 10 Not yet answered Marked out of 1.00 Question 11 Not yet answered Marked out of 1.00 QUIZ Which of the following statements is true regarding Enterprise Risk Management (ERM) and Project Risk Management(PRM)? A. ERM and PRM are identical approaches but used in different industries. B. PRM considers risks that affect the enterprise’s overall objectives, while ERM considers risks that affect onlyindividual projects. C. ERM integrates risks from multiple projects and external factors into a holistic framework, while PRM is narrower inscope. D. PRM provides a governance framework for the organisation, while ERM manages task-level risks. Clear my choice Which of the following is considered an environmental risk for businesses? A. Cybersecurity attacks B. Reduced employee training C. Changes in consumer preferences D. Flooding affecting production facilities Clear my choice Time left 1:50:47 Question 12 Not yet answered Marked out of 1.00 Which option highlights the key difference between project risk and project risk management? A. Both terms refer to the same concept B. Project risk is always positive, while risk management is always negative C. Project risk refers to uncertainties, while risk management refers to handling those uncertainties D. Project risk is a process, while risk management is an event Clear my choice RSK2601-26-S1  Welcome Message  Assessment 2 Question 13 Not yet answered Marked out of 1.00 Question 14 Not yet answered Marked out of 1.00 QUIZ An organisation chooses to accept a high-risk project after fully informing stakeholders and ensuring compliance with ethicalstandards. This decision reflects: A. Unethical conduct B. Risk ignorance C. Risk avoidance D. Ethical risk acceptance Clear my choice Employees working for Company A have access to the company’s code of conduct, which is not available to external parties.The code of conduct is posted on the company’s … A. management information systems B. intranets C. information assets D. e-commerce Clear my choice Time left 1:49:42 Question 15 Not yet answered Marked out of 1.00 ... demonstrates the interaction between multiple operational risk elements. A. A rise in interest rates B. A cyberattack exploiting weak systems and poor internal controls C. An employee making a minor error D. A natural disaster affecting only infrastructure Clear my choice Question 1 Complete Marked out of1.00 Question 2 Complete Marked out of1.00 Question 3 Complete Marked out of1.00 Question 4 Complete Marked out of1.00 Started on Thursday, 30 March 2023, 5:05 PM State Finished Completed on Thursday, 30 March 2023, 8:19 PM Time taken 3 hours 14 mins In terms of the King III code of governance principles … a. risk management should be performed on an ongoing basis. b. internal audit should be integrated with the risk management process. c. compliance should not form part of the risk management process. d. risk management is separable from the company’s strategic business processes. Which stage of the enterprise risk management (ERM) process is concerned with gaining an understanding of the background to the business as a whole and the specific businessactivities, processes or projects? a. Risk analysis b. Risk evaluation c. Monitoring and review d. Establishing the context Which one of the following is not a recognised context stage tool to obtain information on the business? a. Financial analysis b. PEST analysis c. Sensitivity analysis d. SWOT analysis A GAP analysis … a. is used to list all the risks that were identified on previous projects within the business. b. is a list that categorises each risk into a type of area. c. can be used to identify the main risks linked to a certain activity or project of the business. d. is a structured checklist to break down the risks and opportunities into manageable components. Dashboard / Courses / UNISA / 2023 / Semester 1 / RSK2601-23-S1 / Welcome Message / Assessment 1  Dashboard Calendar Question 5 Complete Marked out of1.00 Question 6 Complete Marked out of1.00 Question 7 Complete Marked out of1.00 Question 8 Complete Marked out of1.00 ZXY Limited has undergone an internal audit. The internal audit report indicated that the staff in the debtor's department are not adequately trained in completing individual debtorreconciliations. As a result of this, the reconciliations have incorrect reconciling items. The fact that the staff are not properly trained is an example of a/an … a. opportunity. b. internal control. c. risk source. d. risk. The main objective of enterprise risk management (ERM) is to ensure that businesses … a. understand that risk is inescapable in business activity. b. understand that taking risk and managing it are the essence of business growth. c. eliminate existing risks altogether. d. do not take risks at all. Choose the correct combination: a. a,b b. c,d c. a,b,c d. All of the above. With reference to the concept of risk and opportunity, which one of the following statements is correct? a. “Risk averse” refers to the tendency to engage in behaviours that may be harmful or dangerous. b. Traditional risk management is aimed at providing a coherent framework to deal with all the risks and opportunities that result from operating in the ever-changing economicenvironment. c. The effective management of risks and opportunities helps a business to achieve success despite challenging economic times. d. As businesses continuously explore and develop opportunities to sustain earnings, it is not necessary to take certain risks to maximise business opportunities. Use the following information to answer the question. Local Supermarket Company’s total current assets, total current liabilities and inventory for each year in the past four years are as follows: Item 2018 2019 2020 2021 Total currentassets R17 950 R22 900 R23 000 R28 000 Total currentliabilities R7 000 R12 600 R12 600 R18 400 Inventory R5 000 R6 900 R7 900 R8 200 The firm’s current ratio for the year ended 2020 is ... a. 0.55 b. 1.12 c. 1.83 d. 2.91 Dashboard / Courses / UNISA / 2023 / Semester 1 / RSK2601-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 9 Complete Marked out of1.00 Question 10 Complete Marked out of1.00 Question 11 Complete Marked out of1.00 Question 12 Complete Marked out of1.00 Use the following information to answer the question. Local Supermarket Company’s total current assets, total current liabilities and inventory for each year in the past four years are as follows: Item 2018 2019 2020 2021 Total currentassets R17 950 R22 900 R23 000 R28 000 Total currentliabilities R7 000 R12 600 R12 600 R18 400 Inventory R5 000 R6 900 R7 900 R8 200 The firm’s quick ratio for the year ended 2021 is ... a. 0.36 b. 1.08 c. 1.97 If an enterprise is to achieve and aspire to being a good corporate citizen, it has to empower the board of directors to … a. report on their HIV/AIDS strategic plans and policies. b. report annually on social, transformation, safety, ethics, health and environmental management policies and practices. c. disclose the company’s formal procurement policies. d. have a silo approach to risk management. Choose the correct combination: a. a,c b. a,b,c c. b,c,d d. All of the above. The average annual return expressed as a percentage of initial cost of a project is called the … a. net present value (NPV). b. internal rate of return (IRR). c. payback period (PP). d. average rate of return (ARR). Which one of the following is not an example of risk-taking behaviour? a. In their quest to win a larger market share, Samsung has decided to invest more funds in technological advancement. b. The oil price has fallen significantly over the past few months, and as a result, Mr Peterson (an investor) decides to avoid buying a stake in an oil company. c. Nkosi loves driving his Maserati at high speed; he enjoys the thrill that comes with driving fast. d. Siyakhula General Dealers is in the retail business; the finance manager decides to take out a loan from ABSA bank to open a new branch in Soweto with the hope of growingthe business. Dashboard / Courses / UNISA / 2023 / Semester 1 / RSK2601-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 13 Complete Marked out of1.00 Question 14 Complete Marked out of1.00 Question 15 Complete Marked out of1.00 Question 16 Complete Marked out of1.00 Question 17 Complete Marked out of1.00 The ERM process consists of several stages. The first stage is establishing context, which is concerned with understanding the … a. background of the business as a whole in general terms. b. specific business activity, process or project forming the subject of risk management. c. identified risk events (upside and downside). d. macro- and micro-environment in which the business operates. Choose the correct combination: a. a,b b. a,c,d c. a,b,d d. All of the above. Which of the following is an activity that is taken into account in the triple-bottom-line principle? a. Environmental performance b. Political performance c. Technological performance d. Legal performance Scenario analysis is used to analyse the … a. micro-environment over which a business has control b. strengths and weaknesses of a business. c. profitability of a business. d. events and trends that will determine an organisation’s future. The risk analysis stage involves providing information on the likelihood of risks and opportunities occurring and their impact to aid in the decision-making process. Which of thefollowing activities have to be conducted? a. Causal analysis b. Capital asset pricing model (CAPM) analysis c. Decision analysis and influence diagrams d. Clarifying the business objectives Choose the correct combination: a. a,b b. a,b,c c. a,b,d d. All of the above. The risk tolerance of an organisation can be expressed in terms of … a. risk-averse, risk-neutral and risk-seeking attitudes. b. income statements, balance sheet activities, cash flow statements and budget statements. c. capital, earnings variances, liquidity and balance sheet activities, and guidelines for investment. d. risk information, high impacts and high probabilities, balance sheet activities and capital. Dashboard / Courses / UNISA / 2023 / Semester 1 / RSK2601-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 18 Complete Marked out of1.00 Question 19 Complete Marked out of1.00 Question 20 Complete Marked out of1.00 Key performance indicators (KPIs) … a. are used to measure business health. b. are useful for directors to assess whether their annual bonuses will be awarded. c. assist with business planning. d. help in understanding the market as a whole. The monitoring and review stage … a. is implemented to satisfy audit requirements. b. occurs infrequently. c. is a continuous process. d. is implemented prior to the annual risk report. … is/are used to examine the business environment to identify changes and potential risks, and prepare for them. a. SWOT b. SMART c. PEST d. Ratios