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Q22 Lucy did not insure some of her risks because there are control measures already in place to absorb these risks. Wha

Posted: Sun Jun 05, 2022 10:07 pm
by answerhappygod
Q22
Lucy did not insure some of her risks because there are control
measures already in place to absorb these risks. What is the risk
response strategy that Lucy has undertaken?
Select one:
a.
Risk removal
b.
Risk transfer
c.
Risk retention
d.
Risk reduction
Clear my choice
Q23
Which of the following is a benefit of project risk
management?
a Improving accountability, decision making and
transparency.
b Improving integration of the project into an
organisation’s operations.
c Informing hedging decisions.
d Increasing the likelihood of a business in
achieving its objectives.
Choose the correct combination:
Select one:
a.
all of the above
b.
a,b,c
c.
a,b,d
d.
a,b
Q24
Which one of the following statements relates to the concept of
corporate governance?
Select one:
a.
Controls the internal and external actions of managers,
employees and outside business stakeholders.
b.
Universal and prescriptive in nature and applicable to only a
few companies.
c.
Assists enterprises to attract higher-cost capital.
d.
Enhances the dominating of business decisions and objectives by
one individual.
Q25
In relation to CAPM analysis, market risk is measured by its
beta. A share with a beta of 1.5 tends to move up or down by the
same percentage point as the equity market. Indicate if the above
statement is true or false:
Select one:
a.
True
b.
False
Q26
What do boards essentially seek from an enterprise risk
management system?
Select one:
a.
The avoidance of unpleasant surprises and losses
b.
Robust procedures
c.
Integration of risk management, audit and governance
d.
Competent risk management teams