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NEW QUESTION: 1
A. Option B
B. Option A
C. Option C
D. Option D
Answer: A
Explanation:
Explanation
Reference
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NEW QUESTION: 2
Which application is used to create a File-Share Application?
A. Smart Portal WebUI (File-Share Tab)
B. Provider-1 MDG (Global VPNs Tab)
C. Smart Dashboard (SSL VPN Tab)
D. SSL VPN Portal WebUI (File-Share Tab)
Answer: C
NEW QUESTION: 3
다음 중 사실에 해당하는 경우, 지배 구조 관련 통제 결함을 감사위원회에 보고하지 않기로 한 감사인의 결정을 정당화 할 수 있습니까?
A. 이사회에는 별도의 기업 지배 구조위원회가 있습니다.
B. 거버넌스 문제는 복잡하며 감사인은 문제의 정도에 대한 경영진의 분석에 의존해야 합니다.
C. 경영진은 시정 조치를 시작할 계획이다.
D. 결함과 관련된 양과 잠재적 위험은 전체 조직에 중요하지 않습니다.
Answer: D
NEW QUESTION: 4
Which of the following statements is true?
I. It is sufficient to ensure that a parent entity has sufficient excess liquidity to cover a liquidity shortfall for a subsidiary.
II. If a parent entity has a shortfall of liquidity, it can always rely upon any excess liquidity that its foreign subsidiaries might have.
III. Wholesale funding sources for a bank refer to stable sources of funding provided by the central bank.
IV. Funding diversification refers to diversification of both funding sources and funding tenors.
A. I and III
B. I and IV
C. IV
D. III and IV
Answer: C
Explanation:
Explanation
It is not generally sufficient to ensure the adequacy of liquidity across a group - ie it is not appropriate to just add up the sources and needs for liquidity across multiple entities in a group. This is because there can be restrictions on transferring liquidity between entities, particularly when the entities are located across borders.
In cases where transfers of liquidity are permitted, there may be settlement delays in transferring funds from one entity to another. Therefore both statements I and II are incorrect.
Wholesale funding sources refers to the temporary interbank funding sources that need to be rolled over on very short intervals, often as short as overnight. These are not stable sources for long term funding. Statement III is therefore false.
Statement IV is correct as funding diversification refers to diversification of both funding sources and the duration for which the amounts are borrowed, ie tenor diversity.
Statement IV is the only correct statement and therefore Choice 'a' is the correct answer.
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