Which of the Following Is NOT a Source of Operational

question 55

Multiple Choice

Which of the following is NOT a source of operational risk for an FI?

• A)Capital assets.
• B)Customer relationships.
• C)Technology.
• D)Employees.
• E)Positive duration gap.

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Definitions:

Physical Inventory

An actual count of all merchandise or stock on hand, conducted periodically to ensure the accuracy of inventory records.

Net Income

The total profit of a company after all revenues and gains are added together and all expenses and losses are subtracted.

FOB Shipping Point

A term indicating that the buyer assumes responsibility for the goods once the seller ships them.

Net Income

The total earnings of a company after subtracting all costs and expenses, including taxes and interest, from its total revenues.