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NEW QUESTION: 1
The key difference between 'top down models' and 'bottom up models' for operational risk assessment is:
A. Top down approaches to operational risk are based upon an analysis of key risk drivers, while bottom up approaches consider causality in risk scenarios.
B. Top down approaches to operational risk calculate the implied operational risk using available data such as income volatility, capital etc; while bottom up approaches use causal factors, risk drivers and other factors to get an aggregated estimate of risk.
C. Bottom up approaches to operational risk calculate the implied operational risk using available data such as income volatility, capital etc; while top down approaches use causal factors, risk drivers and other factors to get an aggregated estimate of risk.
D. Bottom up approaches to operational risk are based upon an analysis of key risk drivers, while top down approaches consider causality in risk scenarios.
Answer: B
Explanation:
Explanation
Top down approaches rely upon available data such as total capital, income volatility, peer group information etc and attempt to imply the capital attributable to operational risk. They do not consider firm specific scenarios or causal factors. Bottom up approaches on the other hand attempt to determine operational risk capital based upon an identification and quantification of firm specific risks. Bottom up approaches help determine a traditional loss distribution from which capital requirements can be determined at a given level of confidence.
Therefore Choice 'd' is the correct answer.

NEW QUESTION: 2
Which VMware product can virtualize user desktops so that the desktops reside as virtual machines in the data center?
A. VMware vRealize Log Insight
B. VMware Workspace
C. VMware Mirage
D. VMware Horizon View
Answer: D

NEW QUESTION: 3
Use the following financial data on Enterprise:
a. Sale of equipment $32,000
b. Loss on equipment sale $9,000
c. Dividends paid $12,500
d. Purchase of an office suite $104,000
e. Common stock repurchase $45,000
f. Dividends received from investments $8,500
g. Interest received on Treasury bonds $1,200
h. Supplier accounts paid $3,700
i. Cash collection from customers $14,200
j. Ending cash balance $98,000
$198,300
In the above question, the beginning cash balance of the firm was ________.:
A. $216,300
B. .$207,300
C. $109,300
D. C$198,300
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Note that the loss on equipment is a non-cash event. Using the direct method, beginning cash balance + net cash inflow = ending cash balance Hence, beginning balance = 98,000 - (32,000 -12,500 -104,000 -
45,000 + 8,500 +1,200 - 3,700 + 14,200) = $207,300.

NEW QUESTION: 4
An engineer has fired up a packet capture to try to determine if there are malformed frames being transmitted. They notice that there is a station transmitting frames consecutively without giving other stations a chance to transmit. What capability is the engineer witnessing?
A. Extended Interframe Space
B. Aggregated MPDU
C. 802.11 fragment burst
D. 802.11e priority contention window
Answer: C