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NEW QUESTION: 1
Both ClusterXL and VRRP are fully supported by Gaia R80.10 and available to all Check Point appliances.
Which of the following command is NOT related to redundancy and functions?
A. cphaprob -a if
B. cphaprob stat
C. cphaprob all show stat
D. cphaprob -l list
Answer: C
NEW QUESTION: 2
A. 0
B. 1
C. 2
D. 3
Answer: A
Explanation:
Explanation
Ensure port 445 is open: The SMB protocol requires TCP port 445 to be open; connections will fail if port 445 is blocked.
References: https://docs.microsoft.com/en-us/azure/storage/files/storage-how-to-use-files-windows
NEW QUESTION: 3
The backtesting of VaR estimates under the Basel accord requires comparing the ex-ante VaR to:
A. realized profit and loss for the period
B. hypothetical profit and loss keeping the positions constant
C. ex-ante VaR calculated for the subsequent periods
D. the Basel accord does not require banks to backtest VaR estimates
Answer: A
Explanation:
Explanation
Basel II requires financial institutions to compare their ex-ante VaR estimates to actual realized P&L.
Therefore Choice 'd' is the correct answer. A bank may use hypothetical P&L based upon constant positions to validate its model, but that is not required for Basel II.
CESP FAQ
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A: Reach out to us here CESP FAQ and drop a message in the comment section with any questions you have related to the CESP Exam or our content. One of our moderators will assist you.
CESP Exam Info
In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the CESP Exam.
CESP Exam Topics
Review the CESP especially if you are on a recertification. Make sure you are still on the same page with what APSE wants from you.
CESP Offcial Page
Review the official page for the CESP Offcial if you haven’t done it already.
Check what resources you have available for studying.
Schedule the CESP Exam
Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.