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NEW QUESTION: 1
Which of the following statements are true with respect to stress testing:
I. Stress testing results in a dollar estimate of losses
II. The results of stress testing can replace VaR as a measure of risk as they are better grounded in reality III. Stress testing provides an estimate of losses at a desired level of confidence IV. Stress testing based on factor shocks can allow modeling extreme events that have not occurred in the past
A. I and IV
B. I, II and IV
C. II, III and IV
D. II and III
Answer: A
Explanation:
Explanation
Any stress test is conducted with a view to produce a dollar estimate of losses, therefore statement I is correct.
However, these numbers do not come with any probabilities or confidence levels, unlike VaR, and statement III is incorrect. Stress testing can complement VaR, but not replace it, therefore statement II is not correct.
Statement IV is correct as stress tests can be based on both actual historical events, or simulated factor shocks (eg, a factor, such as interest rates, moves by say 10-z).
Therefore Choice 'a' is correct.

NEW QUESTION: 2
A port firewall policy is applied to a trunk port that denies controller access. An "allow all" Vlan firewall policy is applied to VLAN 33 on the same port. A user connected to VLAN 33 on that port attempts to gain access to the controller. What happens next?
A. When locally connected to a controllers port you always have controller access
B. The Vlan policy is applied, therefore access to the controller is allowed
C. The Vlan policy is applied, then the port policy, therefore no controller access
D. The Port policy is applied, therefore no controller access
E. You cannot place a firewall policy on a Ports Vlan when the Port already has a policy, therefore no controller access
Answer: B

NEW QUESTION: 3
Which YARN daemon or service monitors a Controller's per-application resource using (e.g.,memory CPU)?
A. ApplicationManagerService
B. NodeManager
C. ResourceManager
D. ApplicationMaster
Answer: D


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