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NEW QUESTION: 1
Which of the following are the few challenges associated with current MRP tool? one
A. New Demand and Supply changes make MRP plan immediately outdateD.
B. All of the above
C. No real time single view for material information and LJ shortages.
D. Long and resource intensive MRP run mean a periodic and batch process.
Answer: B

NEW QUESTION: 2
If E denotes the expected value of a loan portfolio at the end on one year and U the value of the portfolio in the worst case scenario at the 99% confidence level, which of the following expressions correctly describes economic capital required in respect of credit risk?
A. U/E
B. E
C. U
D. E - U
Answer: D
Explanation:
Explanation
Economic capital in respect of credit risk is intended to absorb unexpected losses. Unexpected losses are the losses above and beyond expected losses and up to the level of confidence that economic capital is being calculated for. The capital required to cover unexpected losses in this case is E - U, and therefore Choice 'a' is the correct answer.
This question does raise an important point - are expected losses a part of economic capital, or are they not?
Different text books say different things, and sometimes they say both the things. I have tried to take an approach that uses what I read in the PRMIA handbook.
This
writeup - http://www.riskprep.com/all-tutorials/37-exam-3/111-credit-var-an-intuitive-understanding - may help clarify things further.

NEW QUESTION: 3
Which of the following regarding the atomic aggregate attribute is TRUE?
A. It is an optional non-transitive attribute.
B. It is an optional transitive attribute.
C. The atomic aggregate flag is always set if the AS Path information is lost due to aggregation.
D. The atomic aggregate flag is always set if the aggregator attribute is set.
Answer: C

NEW QUESTION: 4
Bluetooth uses the _________ specification in the ________ band with FHSS technology.
A. IEEE 802.11, 2.4-2.5 GHz
B. IEEE 802.15, 1.5-2.0 GHz
C. IEEE 802.15, 2.4-2.5 GHz
D. IEEE 802.11, 1.4-2.5 GHz
Answer: C