Question
One of the challenges in measuring operational risk for the financial institution is that the expected level of loss can only be ----------------, even if
One of the challenges in measuring operational risk for the financial institution is that the expected level of loss can only be ----------------, even if the probability of loss is fairly known.
A. Estimated
B. Measured accurately
C. Easily calculated
D. Quantified correctly
E. None of the above
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Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen
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