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NEW QUESTION 37
When would a company use the Stakeholder Salience Model?
Answer: A
Explanation:
Explanation
This is used to engage stakeholders in the development of risk assessments.
P. 137-138
NEW QUESTION 38
Company X is a large company which is traded on the UK stock exchange. According to the Companies (Miscellaneous Reporting) Regulations 2018- is it obligatory for Company X to follow a Corporate Governance Code?
Answer: A
Explanation:
Explanation
The correct answer is 4 - the policy is 'comply or explain' - basically say which code you follow, or explain (publicly) why you're not following one. See p. 145 for more information on this
NEW QUESTION 39
Which of the following will you put into box 1?
Answer: B
Explanation:
Explanation
The correct answers are as follows:
Table Description automatically generated
Nothing can be done to change this risk (you can't stop an earthquake from happening), so you therefore need to transfer the risk to another party, or include for this within a contract.
NEW QUESTION 40
Which of the following will you put into box 5?
Answer: A
Explanation:
Explanation
The correct answers are as follows:
Table Description automatically generated with low confidence
NEW QUESTION 41
A black swan event is what type of occurrence?
Answer: D
Explanation:
Explanation
A black swan event is an unusual occurrence - something that is rare. See p.124
NEW QUESTION 42
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