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RSK2602-26-S1

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Technological risks can

be prevented through data protection measures in the form of …

 

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The

key drivers that increase the risk profiles of organisations are, among others,

a.                 

increased vigilant

regulatory environment.

b.                 

increased focus on

governance.

c.                 

globalisation.

d.                 

less sophisticated

consumers.

Choose the correct combination:

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 Indicate the correct

statements:

a.  

Key

risk indicators are main components of a data model for operational risk.

b.  

Stochastic

modelling aims to calculate the value at risk for an organisation.

c.  

The

Poisson distribution is used to estimate the frequency of operational risk

events in the future.

d.  

The

Monte Carlo simulation model is used to determine the loss distribution for the

impact of loss events.

 

Choose the correct

combination

:

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Identified risks can

be managed through …

a.                 

 avoidance.

b.                 

acceptance.

c.                 

financing.

d.                 

reduction.

e.                 

transfer.

Choose

the correct combination:

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According to the

Basel Committee, operational risk results from …

a.                 

financial risk exposures.

b.                 

inadequate

internal processes.

c.                 

system failures.

d.                 

external events.

 

Choose the

correct combination:

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To

ensure an appropriate measure of operational risk across the organisation,

measurements should be …

a.              

objective.

b.              

auditable.

c.               

transparent.

d.              

inconsistent.

Choose the correct

combination:

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The top-down approach to the establishment of an

operational risk management function …

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Indicate the correct equation:

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Stationery theft for a

business with a motor fleet may typically be …

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Which one of the following is an external operational risk driver?

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