![](https://static.youtibao.com/asksite/comm/h5/images/m_q_title.png)
The risk and severity of sunburn depend___ the body's natural skin colour.
A.On
B.In
C.At
D.Of
![](https://static.youtibao.com/asksite/comm/h5/images/solist_ts.png)
A.On
B.In
C.At
D.Of
84 Risk can be divided into two basic types; business risk and pure (or insurable risk). Of the following, which one(s) fall(s) under business risk?
A. liability loss
B. direct property loss
C. profit loss
D. personnel-related loss
E. B and C
Total project risk can be defined as:
A the sum of the probabilities of project risks events times the sum of consequences of those risks
B the sum of the products of each project risk event times its consequences
C the sum of the consequences of all project risk events
D the sum of the probabilities of all project risk events
E 1 - the sum of the probabilities of all project risk events.
Country risk refers to political risk existing in a country.
A.Right
B.Wrong
C.Doesn't say
Which of the following does the passage infer?
A.We now fully understand how risk factors trigger heart attacks.
B.We recently began to study how risk factors trigger heart attacks.
C.We have not identified many risk factors associated with heart attacks.
D.We do not fully understand how risk factors trigger heart attacks.
(b) (i) Discuss the relationship between the concepts of ‘business risk’ and ‘financial statement risk’; and
(4 marks)
Risk Event Status is defined as _____ .
A Risk Probability x Amount At Stake.
B the severity of the consequences.
C how likely the event is to occur with risk.
D (Cost + Benefit + Business Risk) / Insurable Risk.
E B and C
144 Risk event probability is defined as:
A. the total number of possible events divided into the expectations or frequency of the risk event
B. the number of times the risk event may occur
C. the fraction of the total project tasks which may be affected by the risk event
D. the total number of possible events divided into the consequences of the risk event.
E. A and B
Project Risk Management is based on which of the following premises:
A the future is unknown.
B unknowns can result in risks or opportunities.
C we cannot control risk events.
D project risk impact can be measured and controlled
E All of the above.
(c) Define ‘market risk’ for Mr Allejandra and explain why Gluck and Goodman’s market risk exposure is
increased by failing to have an effective audit committee. (5 marks)