AFP
CTP · Question #667
(Topic 7) Operational risk is defined as the risk of direct or indirect losses resulting from external events or failure of internal resources. As treasury departments maintain legacy systems that…
The correct answer is A. internal risks would increase due to the combination of manual and automated. See the full explanation below for the reasoning.
Question
- (Topic 7)
Operational risk is defined as the risk of direct or indirect losses resulting from external events or failure of internal resources. As treasury departments maintain legacy systems that must be integrated into more complex technology, one would expect that:
Options
- Ainternal risks would increase due to the combination of manual and automated
- Bexternal risks would decrease as the newer technology will offer more security.
- Call risks would remain unchanged, as long as the same process controls are maintained.
- Doperational risks would decrease with the adoption of new technology.
How the community answered
(28 responses)- A75% (21)
- B7% (2)
- C4% (1)
- D14% (4)
Community Discussion
No community discussion yet for this question.