Which of the Following Is NOT a Source of Operational

question 21

Multiple Choice

Which of the following is NOT a source of operational risk?

• A)People
• B)Systems and technology.
• C)Processes and policies
• D)External events
• E)Social media

Convert fractions to decimal and percent equivalents.

Understand and apply basic principles of time value of money in financial calculations involving simple interest, compound interest, and effective rate calculations.

Solve problems involving investment calculations including present and future values.

Evaluate expressions involving multiple steps of arithmetic and algebraic manipulations.

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Definitions:

Law and Equity

The comprehensive system in legal jurisdictions where remedies (solutions) can be provided under both common law (law) and fairness (equity).

Federal System

The system of government established by the Constitution, in which the national government and the state governments share sovereign power.

Government Allocation

The distribution or assignment of resources, funds, or duties by a government body to various departments, programs, or projects.

Federal Law

Legislation enacted by the national government or Congress that applies to the country as a whole.