Which of the following statements best describes operational risk?
A. The risk arising from adverse business decisions
B. The risk arising from negative public opinion
C. The risk arising from problems with service or product delivery
D. The risk of loss resulting from inadequate or failed internal processes, people, or systems
Answer: D
Explanation: The risk of loss resulting from inadequate or failed internal processes, people, or systems is operational risk. Transactional risk is the risk arising from problems with service or product delivery. The risk arising from adverse business decisions is strategic risk. The risk arising from negative public opinion is reputational risk.
You might also like to view...
Power Pivot delivers everything in PivotTables plus all of the following except ________
A) innate web publishing capabilities B) big data handling and compression C) displaying Key Performance Indicators D) the ability to create relationships between tables
A(n) _____ is a defect in a computer program that keeps it from performing as its users expect it to perform.
Fill in the blank(s) with the appropriate word(s).