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More requirements are raised by employees.
NEW QUESTION: 1
Identify two correct statements about reusable Mappings. (Choose two.)
A. They contain both a Logical and Physical Mapping design.
B. They can be shared across projects.
C. They can be executed directly.
D. They can have generic input and output signatures.
E. They can be used within regular Mappings.
Answer: A,D
Explanation:
(https://docs.oracle.com/middleware/1212/odi/ODIDG/mappings.htm#ODIDG1617)
NEW QUESTION: 2
A. Option B
B. Option A
C. Option C
Answer: C
NEW QUESTION: 3
Which of the following statements are true:
I. Stress tests should consider simultaneous pressures in funding and asset markets, and the impact of a reduction in liquidity II. Judging the effectiveness of risk mitigation techniques is not a part of stress testing III. A reverse stress test is useful for discovering hidden vulnerabilities and inconsistencies in hedging strategies IV. Reputational risk, which is explicitly excluded from the definition of operational risk under Basel II, should still be considered as part of stress tests.
A. I, III and IV
B. All of the above
C. II and IV
D. I and III
Answer: A
Explanation:
Explanation
All the statements in this question are directly based on the principles for effective stress testing as laid down in the BCBS document on stress testing issued in May 2009. Statement 1 is correct and is an almost verbatim reproduction of principle 10 as laid down in that document. Statement II is incorrect as it is contrary to principle 11 laid down in the same document. Statement III is correct as discovering hidden vulnerabilities and inconsistencies in hedging strategies is one of the objectives of reverse stress tests. Similarly, even though reputational risk is not really covered under any risk category under Basel II (as it is not a part of either market, credit or operational risk), principle 14 of this paper requires the mitigation of spill-over effects on market confidence of reputational risk when thinking about stress tests.
Thus statements I, III and IV are correct and statement II is incorrect.