The risk arises when the technology system may got malfunction is classified as ___________?
Correct answer: C. operational risk
- A. system risk
- B. technology risk
- C. operational risk
- D. support risk
Explanation
A technology-system malfunction is commonly treated as operational risk because it results from failures in internal systems or processes. Technology risk may be used as a narrower subtype, but operational risk is the standard broader classification here.
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Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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