It is an event that has already occured

(a)  

It is associated with future event which has not yet happened

(a)  

It is a potential to harm you

(a)  

Helps to identify analyze, assess, avoid or mitigate

(a)  

2 controls in risk management

(a)  

Amount and type of risk that an org. is prepared to seek, accept, tolerate. Also known as risk averse

(a)  

What to do when risk encounter

(a)  

readiness to bear the risk after the treatments in order to achieve its object.

(a)  

What is the first step in risk management

(a)  

What are the steps in risk management

(a)  

Why take risk?

(a)  

Benefits of risk management

(a)  

Sometimes we do this unconsiously

(a)  

Tools used in identification of risk

(a)  

Output of risk identification process or list of all the risk identified

(a)  

3 Things that we analyze

(a)  

3 things that we conduct when doing analyzation

(a)  

Why we use independent review

(a)  

Respond to negative risk

(a)  

Respond to positive risk

(a)  

PDCA stands for

(a)  

It is something we all do automatically and often subconsciously. It is already part of preventive action

(a)  

It is the activity of monitoring financial risk and managing their impact

(a)  

Difference between financial and business risk

(a)  

What is the four level of stratification

(a)  

What is the four risk activities or areas covered in RM

(a)  

It is not the solution but can mitigate the risk. Can reduce cash flow volatility

(a)  

3 types of firms when it comes to risk

(a)  

Example of risk factors in a business

(a)  

What is the hierarchy levels of an RM

(a)  

What is the six basic principles for RM

(a)  

Scope of financial management

(a)  

Steps to risk identification

(a)  

2 parameters of risk

(a)  

give examples of taxes

(a)