The BIS Definition 'The Risk of Loss Resulting from Inadequate

question 39

Multiple Choice

The BIS definition 'the risk of loss resulting from inadequate or failed internal processes, people, and systems or from external events' encompasses which of the following risks?

• A)credit risk and liquidity risk
• B)operational risk and technology risk
• C)credit risk and market risk
• D)technology risk and liquidity risk

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Definitions:

Informed Decision

A choice made after acquiring and understanding all relevant information, considering the options and consequences.

Recreational Shopping

The act of shopping for pleasure or entertainment, rather than out of necessity, often characterized by browsing without the immediate intent to purchase.

Store Lighting

The strategic use of illumination in retail environments to influence mood, behavior, and purchasing decisions.

Physical Store Characteristics

Features and attributes specific to brick-and-mortar retail environments that influence consumer perceptions and behaviors.