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PAYMENT RISK MANAGEMENT CONTROLS-APRP EXAM 2024 WITH 100% ACCURATE ANSWERS $15.99   Add to cart

Exam (elaborations)

PAYMENT RISK MANAGEMENT CONTROLS-APRP EXAM 2024 WITH 100% ACCURATE ANSWERS

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PAYMENT RISK MANAGEMENT CONTROLS-APRP EXAM 2024 WITH 100% ACCURATE ANSWERS

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  • September 12, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • PAYMENT RISK
  • PAYMENT RISK
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PRETTYGRADES81
PAYMENT RISK MANAGEMENT
CONTROLS-APRP EXAM 2024 WITH
100% ACCURATE ANSWERS

, PAYMENT RISK MANAGEMENT
CONTROLS-APRP EXAM 2024 WITH
100% ACCURATE ANSWERS
Anomalous Activity - correct answersActivity that is inconsistent with or deviating from what is usual,
normal or expected.



Unfair, Deceptive or Abusive Acts or Practices(UDAAP) - correct answersLaw to protect consumers
purchasing financial products and services requiring that consumers have access to information that lets
them choose the option they believe is best for their situation.



Technical Controls - correct answersControls to prevent and detect unauthorized activity.



Procedural Controls - correct answersControls that establish policies and procedures that reduce risk
and ensure operating, reporting and compliance objectives are met.



Business Continuity Plan(BCP) - correct answersA comprehensive written plan to maintain or resume
business in the event of a disruption.



Business Impact Analysis (BIA) - correct answersProcess of identifying the potential impact of
uncontrolled, non-specific events on an institution's business process.



Business Continuity Strategy - correct answersComprehensive strategies to recover, resume and
maintain all critical business functions.



Risk Mitigation - correct answersProcess of reducing risks through the introduction of specific controls
and risk transfer.



Transaction Testing - correct answersA testing activity designed to validate the continuity of business
transactions and the replication of associated date.

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