Name: ________________________________________________

Section & Subject: ________________________________________

Class Schedule: _________________________________________
Teacher: _______________________________________________

1. How is the concept of risk appetite applied in the risk management process? Do all companies have the same level of risk
appetite? Why or why not?

Select a business in your locality. Think of the top five business objectives of your selected business. For every identified business
objective, identify at least three risks. Use the following template:

Business Objective Risks

Example:
 Error in computing taxable income and the tax due
1. Compute, file and pay taxes based on the requirement  Intentional understatement of taxable income to reduce
of tax laws and BIR Regulations the tax due.
 Intentional failure to file or pay any internal revenue tax
on time
2.

3.

4.

5.