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Questions and Answers
Which of the following is an example of an operational risk?
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?
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?
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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