Which one of the following is not an example of transactional risk
Default on order taking
Default on delivery
Default on Payment
Hacking
Dear Student,
The correct answer is Option D. Online transactions are exposed to a number of risks. Transactional risk is one of them.These risks are encountered during the process of making online transactions,like default on order taking, default on delivery and default on payment. Now here hacking as given in the question is not a transactional risk, it is a Data storage Risk. This is the risk that is posed to data which we share.
Regards.
The correct answer is Option D. Online transactions are exposed to a number of risks. Transactional risk is one of them.These risks are encountered during the process of making online transactions,like default on order taking, default on delivery and default on payment. Now here hacking as given in the question is not a transactional risk, it is a Data storage Risk. This is the risk that is posed to data which we share.
Regards.