Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / For an operational risk report to be of use, it must capture and report on

For an operational risk report to be of use, it must capture and report on

Finance

For an operational risk report to be of use, it must capture and report on ..., which are pitched at the level of detail for the recipients of the report.

  • A. risk profile, risk appetite, risk and control assessment and losses

  • B. risks, controls, indicators and losses

  • C. credit risk, market risk, reputational risk and operational risk

  • D. risks, mitigation controls, identification of risks and evaluation of risks

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Answer-

The correct Option is B.  risks, controls, indicators and losses.

The operational risk report must capture risks, controls, indicators and losses at a detail for the reports that are distributed to the receipients and it comes under risk and controlled assessmnt.

The other Options A,C and D are incorrect as Option A has oprtions like risk profile, risk assessment which are not relevant, Option C has credit risk and other risks which are not relevant and Option D is incorrect.