The Risk of Direct or Indirect Loss Resulting from Inadequate

question 50

Multiple Choice

The risk of direct or indirect loss resulting from inadequate or failed internal processes, people, and systems, or from external events is called

• A) solvency risk.
• B) interest rate risk.
• C) credit risk.
• D) operational risk.
• E) systemic risk.

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Definitions:

Economy Size

A measure of the total value of all the goods and services produced by a country's economy over a specific time period. It is typically assessed through the gross domestic product (GDP).

Population Size

The total number of individuals within a specified area or group.

Slavery Extension

The controversial nineteenth-century issue regarding the expansion of slavery territories within the United States, which significantly fueled tensions leading up to the Civil War.

Territories

Areas of land under the jurisdiction of a ruler or state, often referring to regions that are not fully autonomous.