What term describes the legal reduction of tax liability by offsetting the taxes owed with specific amounts directly deducted from the tax amount?

What is the systematic process of identifying, assessing, and managing potential risks in an organization called?

What is the term for the marketplace where investors buy and sell financial instruments, allowing companies to raise capital from the public?

Which type of risk is associated with the potential for loss due to the failure of internal processes or systems?

What concept involves the evaluation of an investment's potential returns in relation to its level of risk?

What is the process of developing strategies to reduce or eliminate the impact of identified risks called?

What term describes the legal reduction of tax liability by excluding certain income or activities from taxation?

What risk category is associated with the potential for loss due to the failure of internal controls and ethical lapses?

In the context of risk management, what does the term "governance risk" refer to?

What type of financial institution specializes in facilitating the trading of foreign currencies for businesses and investors?