GARP 2016-FRR Q&A - in .pdf

  • 2016-FRR pdf
  • Exam Code: 2016-FRR
  • Exam Name: Financial Risk and Regulation (FRR) Series
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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  • Exam Code: 2016-FRR
  • Exam Name: Financial Risk and Regulation (FRR) Series
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  • 2016-FRR Testing Engine
  • Exam Code: 2016-FRR
  • Exam Name: Financial Risk and Regulation (FRR) Series
  • PC Software Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Which of the following factors is a PRIMARY driver for information security governance that does not require any further justification?
A. Business benefits
B. Alignment with industry best practices
C. Regulatory compliance
D. Business continuity investment
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Regulatory compliance can be a standalone driver for an information security governance measure. No further analysis nor justification is required since the entity has no choice in the regulatory requirements.
Buy-in from business managers must be obtained by the information security manager when an information security governance measure is sought based on its alignment with industry best practices.
Business continuity investment needs to be justified by business impact analysis. When an information security governance measure is sought based on qualitative business benefits, further analysis is required to determine whether the benefits outweigh the cost of the information security governance measure in question.

NEW QUESTION: 2
You are managing a software engineering project, when two team members come to you with a conflict. The lead developer has identified an important project risk: you have a subcontractor that may not deliver on time. The team estimates that there is a 40% chance that the subcontractor will fail to deliver. If that happens, it will cost an additional $15,250 to pay your engineers to rewrite the work, and the delay will cost the company $20,000 in lost business. Another team member points out an opportunity to save money an another area to offset the risk: if an existing component can be adapted, it will save the project $4,500 in engineering costs. There is a 65% probability that the team can take advantage of that opportunity. What is the expected monetary value (EMV) of these two things?
A. $6,100
B. - $14,100
C. - $11,175
D. $39, 750
Answer: C
Explanation:
To calculate the expected monetary value (EMV) of a set of risks and opportunities, multiply each probability by its total cost and add them together. In this question, the cost of the risk is -$15,250 + -$20,000 = -$35,250, so its EMV is 40% x -$35,250 = -$14,100. The value of the opportunity is $4,500 and its probability is 65%, so its EMV is 65% x $4,500 = $2,925. So the total EMV for the two is -$14,100 + $2,925 = -$11,175. opportunity is positive.

NEW QUESTION: 3
An engineer the UCS Fabric interconnects for network connectivity to the data center LAN and SAN. Which two ports types need to be configured to allow traffic to Bow properly?
(Choose two)
A. server uplink
B. Fibre Channel uplink
C. Fibre Channel storage
D. Ethernet uplink
E. appliance
Answer: B,D

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