Possible Breakdowns in Quality Control,inefficiencies in Producing and Delivering Financial

question 68

Multiple Choice

Possible breakdowns in quality control,inefficiencies in producing and delivering financial services,weather damage,aging or faulty computer systems,and errors in judgment by bank management illustrate what form of risk faced by banks?

• A)Credit risk
• B)Liquidity risk
• C)Interest-rate risk
• D)Operational risk
• E)None of the options is correct.

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Definitions:

National Pipe Thread

A U.S. standard for tapered threads used on threaded pipes and pipe fittings, designed to create a tight seal.

Inside Diameter

The distance across the innermost part of a cylinder or tube, often measured to ensure the correct sizing for fittings or materials passing through.

Cast Iron Pipe

A type of durable pipe made from iron that has been cast in a mold, often used for water or sewage systems.

ABS Pipe

Acrylonitrile Butadiene Styrene pipe, a type of plastic piping used for waste water and vent lines due to its high resistance to impact and durability.