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NEW QUESTION: 1
For a bank using the advanced measurement approach to measuring operational risk, which of the following brings the greatest 'model risk' to its estimates:
A. Choice of incorrect parameters for loss severity distributions
B. Choice of an incorrect distribution for loss event frequencies
C. Insufficient number of simulations when building the loss distribution
D. Aggregation risk, from selecting an incorrect value of estimated correlations between different operational risk estimates
Answer: D
Explanation:
Explanation
The greatest model risk when calculating operational risk capital comes from incorrect assumptions about correlations between different operational risks for which standalone risk calculations have been made.
Generally, the correlation can be expected to be positive, and would therefore vary between 0 and 1. These two values determine the 'bounds' between which the total operational risk capital would lie, and these bounds are generally quite far apart. Therefore the total value of the operational risk capital is very sensitive to the value chosen for the correlation, and this is the source of the biggest model risk under the AMA.

NEW QUESTION: 2
입고 부서는 재고 영수증을 식별하고 기록하는 데 사용할 구매 주문서 사본을 받습니다.
구매 오더에는 공급 업체 이름과 주문한 자재 수량이 나열됩니다.
이 시스템이 허용 할 수 있는 오류는 다음과 같습니다.
A. 부분 배송에 대한 초과 지불.
B. 구매 기록 지연.
C. 승인되지 않은 구매에 대한 지불.
D. 승인되지 않은 공급 업체에 대한 지불.
Answer: A

NEW QUESTION: 3
One of the main purposes for creating a requirements traceability matrix is to:
A. document stakeholder approval of project requirements.
B. track the project solution scope.
C. provide test cases to validate solution deliverables.
D. track how requirements can be connected to the solution.
Answer: D