Which of the Following Would Not Be an Example of Operational

question 42

Multiple Choice

Which of the following would not be an example of operational risk?

• A)A bank,on the coast of Louisiana,is hit by a hurricane and is flooded for 6 weeks.
• B)A bank employee working as a derivatives trader,is also the one who writes the reports on profits and losses in derivatives trading every day.
• C)The banks older computer system breaks down causing a loss of service to customers for 2 weeks.
• D)A bank robber robs a teller at gun point and gets away before police can get to the bank.
• E)All of the examples are of operational risk.

Calculate the term required to save a specified amount with regular contributions under given interest conditions.

Determine the term and total cost of loans with varying payment strategies.

Evaluate the term and payouts of annuities based on initial investment, interest rates, and compounding frequencies.

Calculate the break-even point for choosing between different types of annuities.

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Definitions:

Cultural Tightness-looseness

The degree to which countries or organizations enforce rules and norms, with "tight" cultures having strict norms and little tolerance for deviance, and "loose" cultures being more permissive.

Social Norms

Unwritten rules that govern the behavior of individuals within a society or group, dictating acceptable and unacceptable conduct.

Polychronic Cultures

Societies that perceive time as more flexible and are comfortable with multitasking and handling multiple activities simultaneously.

Polychronic Cultures

Societies that prefer to engage in multiple tasks and activities simultaneously, valuing flexibility and the involvement of many people.