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NEW QUESTION: 1
Which of the following statements are true:
I. Top down approaches help focus management attention on the frequency and severity of loss events, while bottom up approaches do not.
II. Top down approaches rely upon high level data while bottom up approaches need firm specific risk data to estimate risk.
III. Scenario analysis can help capture both qualitative and quantitative dimensions of operational risk.
A. II and III
B. I only
C. II only
D. III only
Answer: A
Explanation:
Explanation
Top down approaches do not consider event frequency and severity, on the other hand they focus on high level available data such as total capital, income volatility, peer group information on risk capital etc. Bottom up approaches focus on severity and frequency distributions for events. Statement I is therefore not correct.
Top down approaches do indeed rely upon high level aggregate data and tend to infer operational risk capital requirements from these. Bottom up approaches look at more detailed firm specific information. Statement II is correct.
Scenario analysis requires estimating losses from risk scenarios, and allows incorporating the judgment and views of managers in addition to any data that might be available from internal or external loss databases.
Statement III is correct. Therefore Choice 'b' is the correct answer.
NEW QUESTION: 2
A SIP carried delivers DIDs to a Cisco Unified Border Element in the form of +155567810XX, where the last two digits could be anything from 00 to 99. To match the internal dial plan, that number must be changed to 6785XXX, where the last two digits should be retained. Which two translation profiles create the required outcome? (Choose two)
A. rule 1 /
