
Topic 1 RM part 1
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University
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K.M.JAKRIYA FAMILY
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of corporate governance?
Maximizing profits
Achieving objectives
Ensuring compliance
Minimizing risks
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term refers to the causes of losses?
Hazard
Risk
Chance
Peril
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of risk in the context of Islamic Financial Institutions (IFIs)?
Possibility of market stability
Possibility of losing money
Possibility of profit
Possibility of gaining assets
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does downside risk refer to?
Risk of better than expected outcomes
Risk of worse than expected outcomes
Risk of market stability
Risk of no change
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the importance of risk management (RM) in organizations?
To optimize risk-reward equation
To increase operational costs
To eliminate all risks
To avoid compliance
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a moral hazard?
Market volatility
Intentionally committing fraud
Defective wiring in a building
Natural disasters
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term 'hazard' refer to in risk management?
An uncertain event
A favorable outcome
A cause of loss
A condition that increases the possibility of loss
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