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CTP · Question #667

CTP Question #667: Real Exam Question with Answer & Explanation

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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.

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