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Name:1. What kind of risk classification does fraud fall under?2. A bank with good risk practices will be asked to adhere to a:3. Which of the following reflects a better risk profile?4. Which of the following is true about frauds?5. Which fraud type is seen in the Investment Bank more than any other part of the bank?Score
120
Correct Answerd. Operational Riskc. Higher Capital Adequacy Ratio and will be able to do less businessd. The bank encounters frauds infrequently; each is a different kind of attack.c. We have less time to react to frauds in payments; and payments are handled in the Commercial Bank that deals with transactionsc. Securities Fraud5
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