Operational Risks Quiz

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Questions and Answers

Which of the following is an example of an operational risk?

  • Staff skill levels
  • Lack of succession planning
  • Poor quality of services delivered
  • Failure of an IT system (correct)

What type of risks result from the lack of a process to track contractual commitments?

  • Operational risks (correct)
  • Health & Safety risks
  • Financial risks
  • Market risks

Which of the following is NOT an example of an operational risk?

  • Staff skill levels
  • Poor quality of services delivered
  • Failure of an IT system
  • Market risks (correct)

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