APRP - Accredited Payments Risk Professional Practice Test
APRP Operational Risk Management
Which of the following best defines operational risk in the context of payment processing?
Select your answer
A
Risk of loss from inadequate internal processes, people, systems, or external events
B
Risk arising from fluctuations in foreign exchange rates
C
Risk of a counterparty defaulting on a financial obligation
D
Risk associated with changes in interest rates affecting payment costs
Hint