Part I - DEFINITION (10 points) 1. Define Risk (2 points) 2. Define Risk Management (3 points) 3. Define Risk Appetite (2 points) 4. Define Internal Control (3 points) Part II - ESSAY (20 points) Formulate or write one (1) RISK related to the following: 1. Covid-19 Pandemic (2 points) 2. Starting your own business (2 points) 3. Playing an online game or a party game (2 points) 4. Financial reporting (2 points) 5. Applying for your dream job (2 points)