Page 25 - EBOOK RISK MANAGEMENT

2.5 Tutorial Questions 2

1) Define Risk Management with an example of possible risk exposure.

2) Identify pre-loss objective and post-loss objectives of Risk Management.

3) Describe roles and functions of Risk Manager in a textile factory.

4) Business, society, and government all benefit from ISO International Standards.
Describe all of the advantages provided to each of the classes stated.

5) Describe the FIVE risk management processes in detail.

6) The below is a correct Basel III statement. Find the statement that is FALSE:

a. Identified the key reasons that caused the financial crisis
b. Strengthened the minimum capital requirements outlined in Basel I and II

c. Included new capital reserve requirements and countercyclical measures to

increase reserves in periods of credit expansion and to relax requirements
during periods of reduced lending.

d. An extension of the regulations for minimum capital requirements as defined
under Basel I

7) Risk management function and exact responsibilities structured and determined

by all of below EXCEPT:

a. The company size
b. The need

c. The competitor finances

d. Importance of risk management

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