. Which of the following business units has the highest beta factor?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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26. The standardized approach for calculating operational risk capital requirements uses beta
factors for a given business line and annual gross income for business lines over a 3-year
period. Which of the following business units has the highest beta factor?
A. Trading and sales.
B. Retail banking.
C. Agency and custody services.
D. Asset management.
Transcribed Image Text:26. The standardized approach for calculating operational risk capital requirements uses beta factors for a given business line and annual gross income for business lines over a 3-year period. Which of the following business units has the highest beta factor? A. Trading and sales. B. Retail banking. C. Agency and custody services. D. Asset management.
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