Governance, risk and ethics

Governance, risk and ethics

University

18 Qs

quiz-placeholder

Similar activities

Obli 5

Obli 5

University

20 Qs

LF Library 6

LF Library 6

KG - University

20 Qs

Picture Quiz-I

Picture Quiz-I

KG - Professional Development

20 Qs

IMRC 182 - LO6 Review

IMRC 182 - LO6 Review

University

15 Qs

Maliyyə menecmenti 2

Maliyyə menecmenti 2

University

20 Qs

The Video game quiz

The Video game quiz

KG - University

21 Qs

Leadership 2.2 Vocab - Fourteen Leadership Traits

Leadership 2.2 Vocab - Fourteen Leadership Traits

8th Grade - University

14 Qs

Thoracic and Chest imaging

Thoracic and Chest imaging

University

15 Qs

Governance, risk and ethics

Governance, risk and ethics

Assessment

Quiz

Specialty

University

Medium

Created by

Noor Rizvi

Used 11+ times

FREE Resource

AI

Enhance your content

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does T in TARA stand for?

Transfer

Try

Transport

Team

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What strategy under TARA is the following:

passing the risk on to another party which, in practice means an insurer or a business partner such as a supplier or a customer

Transfer

Avoid

Reduce

Accept

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

TARA acronym stands for

Transfer, Avoid, Accelerate, React.

Transfer, Accept, Avoid, Revolution.

Telephone, Accept, Avoid, Reduce.

Transfer, Avoid, Reduce, Accept.

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In the TARA framework, which letter (i.e. from the "T, "A", "R" and "A") appropriately describes a risk that has a low likelihood but high impact on a business and what's the most famous/known strategy to deal with this risk.

T (transfer)insurance, outsourcing, joint ventures, strategic alliances, etc.

A (accept) simply accept it or modify the way that the activity is performed

R, (reduce) insurance, outsourcing, joint ventures, strategic alliances, etc.

A (avoid), simply do not venture or do it!

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

One of the principles is that Shareholders should be treated ______?

Fairly according to their shareholding

Equitably

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Is the statement correct:

Embedding means introducing a taken-for-grantedness of risk awareness into the culture of an organisation?

Yes

No

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What 5 steps can risk assessment be broken down into?

1. _______ risks facing the company  2. Decide on acceptable risk 3. Assess the likelihood of the risk occurring 4. Look at how impact of these risks can be minimised 5. Understand the costs involved in the internal controls set up to manage these risks

Ignore

Identify

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?