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IRM FSC1 Unit 1

This class was created by Brainscape user Keith Wijeratne. Visit their profile to learn more about the creator.

By: Keith Wijeratne
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Decks in this class (13)

Definitions of Risk
What is the irm definition of risk,
What is hopkin s definition of risk,
What is the orange book 2020 defi...
4  cards
Definitions of Risk Management
What is the irm definition of ris...,
What is the hopkin definition of ...,
In general terms what are the key...
4  cards
Impact of Risk on Organisations
To which areas can risk be attached,
T,
What are the disadvantages of att...
5  cards
Types of Risk - Hopkin
What are hopkin s 4 risk types,
What are the features of hazard r...,
What are the features of opportun...
5  cards
Types of Risk - Banking
What are the types of banking ris...,
What is credit risk,
In which book does credit risk ma...
13  cards
Types of Risk - Insurance
What are the main types of risks ...,
What are the main inherent risks ...,
What is underwriting risk
18  cards
Types of Risk - Other standards
What are the irm risk categories,
What are the coso risk categories,
What are the firm risk categories
3  cards
Activities of a bank
What are core banking services 3,
What is the process called where ...,
What is it called when deposits a...
6  cards
Activities of an insurer
What is insurance,
What is sum assured,
What is actual loss
11  cards
Types of insurance loss
What are the types of insurance l...,
What is maximum probable loss,
What is maximum possible loss
4  cards
Development of Risk Management
What is the plimsoll line,
In which decade did risk manageme...,
When was solvency 1 adopted
7  cards
Principles and Aims of Risk Management
What is the main aim of risk mana...,
What does a risk management initi...,
What should
6  cards
Managing Banks
What is a financial statement,
What is a balance shee,
What
18  cards

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IRM FSC1 Unit 1

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