Risk Roadshow
Risk Roadshow Quiz
Test your knowledge on operational risk and the importance of policies in the workplace. This quiz combines essential concepts with intriguing facts to enhance your understanding of risk management.
- Engage with thought-provoking questions
- Evaluate your understanding of operational risk
- Learn about governance and controls in the process
What is Operational Risk?
The risk of loss resulting from inadequate or failed internal processes, people and systems or from external events.
The risk of loss resulting from processes and people.
The risk of loss resulting from external events.
The risk of loss resulting from wrong processes and policies.
Why are policies and procedures important?
They are not that important.
They set out correct standards to be followed when carrying on operational tasks.
They support ongoing development of internal processes.
They contribute to building proper governance within Exinity.
Who is responsible for managing risk at Exinity?
Head of Risk
Managers
Everyone
No one. There is no risk at Exinity
What are the 2 smallest countries in the world?
Bermuda and Macao
Gibraltar and Monaco
Vatican and Tokelau
Vatican and Monaco
The Risk Team has an oversight function whilst guiding other teams on the management of their risks, controls and processes.
True
False
Why are controls important?
They help minimise the possibility of a risk materialising.
They can detect risks that have materialised.
They mitigate risks.
They are not that important.
Risk can have both, positive and negative impact.
True
False
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