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Which of the following statements are correct? Operational risk is firm-specific and not systemic. The operational risks of one firm can affect other firms. The
Which of the following statements are correct?
- Operational risk is firm-specific and not systemic.
- The operational risks of one firm can affect other firms.
- The operational loss of one firm can spread to other firms.
- The operational loss of one firm cannot spread to other firms.
Choose the correct combination.
- A. iii, iv
- B. ii, iii
- C. i, iv
- D. i, ii
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