GARP 2016-FRR Q&A - in .pdf

  • 2016-FRR pdf
  • Exam Code: 2016-FRR
  • Exam Name: Financial Risk and Regulation (FRR) Series
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  • Q & A: 365 Questions and Answers
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GARP 2016-FRR Q&A - Testing Engine

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NEW QUESTION: 1
Which of the following areas are part of SAP SuccessFactors Employee Central?
There are THREE correct answers for this Question
Response:
A. Payroll
B. Employee Data
C. Organization management
D. Success and Development
E. Learning Management
Answer: A,B,C

NEW QUESTION: 2
Snapshot copies for SnapLock volumes are deleted automatically according to the retention count
set in the Snapshot schedule.
A. True
B. False
Answer: A

NEW QUESTION: 3
Alpha Bank determined that Delta Industrial Machinery Corporation has 2% change of default on a one-year
no-payment of USD $1 million, including interest and principal repayment. The bank charges 3% interest rate
spread to firms in the machinery industry, and the risk-free interest rate is 6%. Alpha Bank receives both
interest and principal payments once at the end the year. Delta can only default at the end of the year. If Delta
defaults, the bank expects to lose 50% of its promised payment. What interest rate should Alpha Bank charge
on the no-payment loan to Delta Industrial Machinery Corporation?
A. 10%
B. 8%
C. 12%
D. 9%
Answer: A

NEW QUESTION: 4
The validation types that are used when planning the validation strategy are shown as follows.
Match the validation typos with their functionality.
*1 None a) Identify the source table and the column for value's.
*2 Independent b) Specify the format validation required.
*3 Dependent c) Identify the list of acceptable values.
*4 Table d) Identify the default value for each subgroup of values.
A. 1-c, 2-d, 3-a, 4-b
B. 1-d, 2-c,3-b,4-a
C. 1-b, 2-d, 3-c, 4-a
D. 1-b, 2-c, 3-d, 4-a
Answer: D
Explanation:
* None (1-B):not validated at all You use a None type value set when you want to allow users to enter any value so long as that value meets the value set formatting rules. That is, the value must not exceed the maximum length you define for your value set, and it must meet any format requirements for that value set. *Independent (2-C) :An Independent value set provides a predefined list of values for a segment.
These values can have an associated description. Dependent(3-D):A dependent value set is similar to an independent value set, except that the available values in the list and the meaning of a given value depend on which independent value was selected in a prior segment of the flexfield structure. You can think of a dependent value set as a collection of little value sets, with one little set for each independent value in the corresponding independent value set. You must define your independent value set before you define the dependent value set that depends on it.
Table(4-A): A table-validated value set provides a predefined list of values like an independent set, but its values are stored in an application table. You define which table you want to use, along with a WHERE cause to limit the values you want to use for your set. Typically, you use a table-validated set when you have a table whose values are already maintained in an application table (for example, a table of vendor names maintained by a Define Vendors form). Table validation also provides some advanced features such as allowing a segment to depend upon multiple prior segments in the same structure.
Reference: Choosing a Validation Type for Your Value Set

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