Topic 1 RM part 2

Topic 1 RM part 2

University

24 Qs

quiz-placeholder

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Topic 1 RM part 2

Topic 1 RM part 2

Assessment

Quiz

Other

University

Easy

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a risk profile?

The maximum risk an organization can bear

The willingness to take risks

The subjective judgment of risk severity

A set of risks that may affect an organization

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term describes the willingness to take on a certain level of risk?

Risk tolerance

Risk appetite

Risk capacity

Risk acceptance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does risk perception refer to?

The subjective judgment regarding risk severity

The chosen state of mind concerning uncertainties

The decision to accept certain risks

The maximum risk an organization can bear

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is risk acceptance?

The maximum level of risk an organization can bear

The willingness to take risks

The subjective judgment of risk severity

The decision to acknowledge and take on certain risks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes risk capacity?

The maximum level of risk an organization can bear

The specific level of risk an organization is willing to accept

The decision to acknowledge certain risks

The willingness to take on risks

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between risk appetite and risk tolerance?

They are the same concept

Risk tolerance is broader than risk appetite

Risk appetite refers to maximum risk only

Risk appetite is broader than risk tolerance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of financial institution is characterized by risk-sharing?

Conventional Banks

Islamic Financial Institutions

Investment Banks

Credit Unions

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