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NEW QUESTION: 1
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. II and IV
B. All of the above
C. I and III
D. I, III and IV
Answer: D
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.
NEW QUESTION: 2
You are using a calculated column COUNTS within your Dimension Calculation View and an aggregation node. This is the data that goes into the aggregation node:
A. AT Vienna 11
AT Vienna 15
DE Berlin 13
B. AT Vienna 11
DE Berlin 13
C. AT Vienna 11
AT Vienna 15
DE Berlin 13
DE Berlin 13
D. AT Vienna 26
DE Berlin 26
Answer: B
NEW QUESTION: 3
What is used to automatically expire backup sets stored on disk or in cloud-based storage?
A. cloud storage management tasks
B. tape and disk management
C. advanced device and media management
D. data lifecycle management
Answer: D
NEW QUESTION: 4
A company developed and now runs a memory-intensive application on multiple Amazon EC2 Linux instances. The memory utilization metrics of the EC2 Linux instances must be monitored.
Which combination of actions must be taken to accomplish this? (Choose two.)
A. Install Amazon CloudWatch agent to track memory metrics.
B. Publish the memory metrics to Amazon CloudWatch Events.
C. Implement an AWS Lambda function to track memory metrics.
D. Enable detailed monitoring on the instance within Amazon CloudWatch.
E. Publish the memory metrics using Amazon CloudWatch Logs.
Answer: A,D
Explanation:
https://docs.aws.amazon.com/AWSEC2/latest/UserGuide/mon-scripts.html
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CISM Exam Info
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