User Account

All Pages

Types of operational risk events

Assignment Help Financial Management
Reference no: EM131920863

Please provide the answer as per requirement

Consider the following forms of payment systems:

- Cash

- Checks

- Credit cards

- Wire transfers

- Online payment systems (e.g., Venmo)

- Online payment systems (cryptocurrency (e.g., Bitcoin)).

a) Which payment system is more prone to the following types of operational risk events:

- Errors,

- Theft (fraud),

- Money laundering.

You may want to make a matrix with the type of payment system vs the type of operational risk event. Entries of such a matrix could then be VL (Very Low), L, M, H, VH (Very High).   You may want to provide some comments discussing your entries in the matrix.

b) How do the various payment systems compare to one another with regard to:

- Cost of transaction (for payer, for payee, and for entity performing transaction)

- Cost of correction of erroneous/fraudulent transaction

- Protection against theft and fraud

- Safeguards against crime

Reference no: EM131920863

Questions Cloud

What is current ytm of the bonds : You are analyzing the cost of debt for a firm. What is the current YTM of the bonds?
Calculate the net cash flow in year : Calculate Co, the net cash flow in year 1 and in year 4. What is the NPV of the project?
Excel online structured activity-new project analysis : You must evaluate the purchase of a proposed spectrometer for the R&D department. What is the initial investment outlay for the spectrometer,
Develop merchandising activity-accounting cycle : Develop an merchandising activity and show its process in the the accounting cycle.
Types of operational risk events : Which payment system is more prone to the following types of operational risk events:
Calculate the payback period of capital investment : How to calculate the payback period of the capital investment?
How many hats the company needs to sell to break-even : How many hats the company needs to sell to break-even?
The benefits of these changes are more efficient markets : The benefits of these changes are more efficient markets, more transparent risk-pricing and more complete markets.
What is future value of the premiums : What is the future value of the premiums when you turn 95?

Reviews

Write a Review

Financial Management Questions & Answers

  Plan an retirement fund

Bob wants to plan an a retirement fund which allows him to withdraw 30,000 per year from the time he is 61 - 80. He plans to make level (end of) annual deposits X into an account paying AEIR i = 5% from the time he is 25 - 60. Calculate X

  What was your dollar return and percent return

A corporate bond that you own at the beginning of the year is worth $945. During the year, it pays $59 in interest payments and ends the year valued at $935. What was your dollar return and percent return?

  Example of when the underlying circumstances are favorable

Consider each of the following situations independently of each other. For each of the situations, provide one example of when the underlying circumstances may be such that the observed trend is unfavorable, and one example of when the underlying cir..

  Most of the examples in text are medium or large companies

DOES SIZE MATTER? most of the examples in the text are medium or large companies. think about the concepts of risk which are part of this section of the course in the context of the side of a Firm. would these change if the Firm were large? small? me..

  What is annual interest rate that jake has earned

Ten years ago, tame invested 3,000. Five years ago, jake invested 5,000. Today both jakes and tami's investments are each worth 9,000. Assume that both bake and tami continue to earn their respective rates of return. (1) what is annual interest rate ..

  The planned relaxation of credit standards

A firm is considering relaxing its credit standards which will result in annual sales increasing from $1.50 million to $1.94 million. Costs of goods sold represent 47 percent of sales and the average collection period is expected to increase from 38 ..

  Which of the three types of preference toward risk

Which of the three types of preference toward risk (averse, neutral and seeking) understand that is best suited to maximize the profits of an enterprise? There is a preference that is better than the other?

  Desperate need of cash and turn

You are in desperate need of cash and turn to your uncle, who has offered to lend you some money. You decide to borrow $1,360 and agree to pay back $1,620 in two years. What interest rate is your uncle charging you?

  Find the six-month forward exchange rate

Suppose that the six-month interest rates in the United States and Japan are 5% and 1% per year, respectively. The spot exchange rate is 100yen/US$. Find the six-month forward exchange rate.

  What is the rationale behind the npv method

Mini Case 2 You have just graduated from the MBA program of a large of a large university, and one of your favorite course was “Todays Entrepreneurs.” In fact, you enjoyed it so much you have decided you want to “be your own boss.” What is the ration..

  Provide similar yield to maturity

Holmes believes it could issue new bonds at par that would provide a similar yield to maturity.

  Special project called flywheel has estimated cost

A special project called “FLYWHEEL” has an estimated cost of $2,000,000.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd