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a) Figure 1 shows a typical documentation structure for Risk Management. Designate each part of the documentation structure and provide relevant examples. Figure 1: Documentation

a) Figure 1 shows a typical documentation structure for Risk Management. Designate each part of the documentation structure and provide relevant examples.

Figure 1: Documentation Structure

b) Your new business partner, Dr Mariah Carey has attended a Risk Management course. She was a little bit confused with Risk Category and asked you to differentiate between Financial Risk and Operational Risk. Help her to differentiate between the two risks and provide relevant examples for each.

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