PECB ISO-31000-Lead-Risk-Manager Q&A - in .pdf

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NEW QUESTION: 1
A statement in the annual report of a bank states that the 10-day VaR at the 95% level of confidence at the end of the year is $253m. Which of the following is true:
I. The maximum loss that the bank is exposed to over a 10-day period is $253m.
II. There is a 5% probability that the bank's losses will not exceed $253m III. The maximum loss in value that is expected to be equaled or exceeded only 5% of the time is $253m IV. The bank's regulatory capital assets are equal to $253m
A. I and IV
B. II and IV
C. I and III
D. III only
Answer: D
Explanation:
Explanation
Statement I is not correct as VaR does not set an upper limit on losses. In this case, the bank expects the losses to exceed $253m 5% of the times, and the VaR number does not indicate any theoretical maximum amount of losses.Statement II is incorrect as there is a 95% (and not 5%) probability that the bank's losses will not exceed
$253mStatement III is correct and describes VaR.Statement IV is incorrect, as regulatory capital is a more complex computation for which VaR is only one of the various input.Therefore Choice 'b' is the correct answer.

NEW QUESTION: 2
An administrator has a heavily used VNX system that houses multiple applications. They just discovered the tree quota feature, and have decided to implement it for their existing data.
Which is a valid concern about this situation?
A. Tree quotas can be created only in empty directories
B. File systems must be taken offline for the initial quota usage calculations
C. Existing data may already exceed the quota setting
D. Tree quota capabilities must be set at the time of file system creation
Answer: A

NEW QUESTION: 3
Your aunt uses her new Windows 10 laptop to read articles. However, she finds that reading for long periods strains her eyes.
You want to adjust the test on the screen to make it easier for your aunt to read for long periods without experiencing eye strain.
Which option should you select?
A. Clear Type
B. Screen Resolution
C. Change Text Size of Menus
D. Custom Scaling
Answer: B
Explanation:
Explanation
Explanation

NEW QUESTION: 4
You have an Azure subscription that contains a storage account.
You have an on-premises server named Server1 that runs Window Server 2016. Server1 has 2 TB of data.
You need to transfer the data to the storage account by using the Azure Import/Export service.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct orders you select.

Answer:
Explanation:

Explanation


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