A Bank Invests $250 Million to Add the Ability to Provide

question 18

Multiple Choice

A bank invests $250 million to add the ability to provide online bill paying for its customers. Usage of the new service is at about 50 percent of expected usage. This is an example of

• A)technological risk.
• B)operational risk.
• C)market risk.
• D)credit risk.
• E)derivative risk.

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Definitions:

Sample Points

Points selected from a population or a set that are used to conduct statistical analysis or testing.

Numbered Cards

Cards marked with numbers, often used in statistical and probability experiments to simulate random events.

Coin Flip

A simple random experiment or process that results in two possible outcomes, often used to model probability and randomness.

President And Vice President

Key roles within an organization or a country, where the president is the top official and the vice president serves as the second-in-command.