Operational risk is:

Group of answer choices

A. the risk that firm will become insolvent.

B. the risk that a counter party will fail to perform on an obligation.

C. the risk that deficiencies in information systems or internal controls will result in an unexpected loss.

D. the risk to a firms financial condition resulting from adverse movements in the level or volatility of market prices.

E. the risk that a firm may not be able to, or cannot easily, unwind or offset an asset or liability position at or near the previous market price because of inadequate market depth or because of disruptions in the marketplace.