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NEW QUESTION: 1
Select two correct return variables for the Global AbsencePlan Entitlement formula.
A. BAND1QUALIFICATION
B. BAND1ENTITLEMENT
C. BAND1PAYFACTOR
D. BAND1PAYPERCENTAGE
Answer: A,D

NEW QUESTION: 2
Examine this function:

Execute the query:
SELECT remap_schema FROM dual;
Which is the correct output from the query?
A. CREATE TABLE “EMP” (“EMPNO” NUMBER (4, 0), “ENAME” VARCHAR2 (10), “JOB” VARCHAR2 (9), “MGR” NUMBER (4, 0), “HIREDATE” DATE, “SAL” NUMBER (7, 2), “COMM” NUMBER (7, 2),
“DEPTNO” NUMBER (2, 0),
CONSTRAINT “PK_EMP” PRIMARY KEY (“EMPNO”)
USING INDEX ENABLE,
CONSTRAINT “FK_DEPTNO” FOREIGN KEY (“DEPTNO”)
REFERENCES “DEPT” (“DEPTNO”) ENABLE)
B. CREATE TABLE “EMP” (“EMPNO” NUMBER (4,0), “ENAME” VARCHAR2 (10), “JOB” VARCHAR2 (9),
“MGR” NUMBER (4,0), “HIREDATE”
DATE, “SAL” NUMBER (7,2) , “COMM” NUMBER (7,2), “DEPTNO” NUMBER (2,0),
CONSTRAINT “PK_EMP” PRIMARY KEY (“EMPNO”)
USING INDEX PCTFREE 10 INITRANS 2 MAXTRANS 255
STORAGE (INITIAL 65536 NEXT 1048576 MINEXTENTS 1 MAXEXTENTS 2417483645
PCTINCREASE 0 FREELISTS 1 FREELIST GROUPS 1
BUFFER_POOL DEFAULT FLASH_CHACHE DEFAULT CELL_FLASH_CACHE DEFAULT)
TABLESPACE “USERS” ENABLE,
CONSTRAINT “FK_DEPTNO” FOREIGN KEY (“DEPTNO”)
REFERENCES “DEPT” (“DEPTNO”) ENABLE
) SEGMENT CREATION IMMEDIATE
PCTFREE 10 PCTUSED 40 INITRANS 1 MAXTRANS 255
NOCOMPRESS LOGGING
STORAGE (INITIAL 65536 NEXT 1048576 MINEXTENTS 1 MAXEXTENTS 2147483645
PCTINCREASE 0 FREELISTS 1 FREELIST GROUPS 1
BUFFER_POOL DEFAULT FLASH_CACHE DEFAULT CELL_FLASH_CACHE DEFAULT)
TABLESPACE “USERS”
C. CREATE TABLE “EMP” (“EMPNO” NUMBER (4,0), “ENAME” VARCHAR2 (10), “JOB” VARCHAR2 (9),
“MGR” NUMBER (4,0), “HIREDATE”
DATE, “SAL” NUMBER (7, 2) , “COMM” NUMBER (7, 2), “DEPTNO” NUMBER (2,0), CONSTRAINT “PK_EMP” PRIMARY KEY (“EMPNO”) USING INDEX PCTFREE 10 INITRANS 2 MAXTRANS 255
STORAGE (INITIAL 65536 NEXT 1048576 MINEXTENTS 1 MAXEXTENTS 2417483645
PCTINCREASE 0 FREELISTS 1 FREELIST GROUPS 1
BUFFER_POOL DEFAULT FLASH_CHACHE DEFAULT CELL_FLASH_CACHE DEFAULT)
TABLESPACE “SYSAUX” ENABLE,
CONSTRAINT “FK_DEPTNO” FOREIGN KEY (“DEPTNO”)
REFERENCES “DEPT” (“DEPTNO”) ENABLE
) SEGMENT CREATION IMMEDIATE
PCTFREE 10 PCTUSED 40 INITRANS 1 MAXTRANS 255
NOCOMPRESS LOGGING
STORAGE (INITIAL 65536 NEXT 1048576 MINEXTENTS 1 MAXEXTENTS 2147483645
PCTINCREASE 0 FREELISTS 1 FREELIST GROUPS 1
BUFFER_POOL DEFAULT FLASH_CACHE DEFAULT CELL_FLASH_CACHE DEFAULT)
TABLESPACE “SYSAUX”
D. CREATE TABLE “SCOTT”. “EMP” (“EMPNO” NUMBER (4, 0), “ENAME” VARCHAR2 (10), “JOB” VARCHAR2 (9), “MGR” NUMBER (4, 0), “HIREDATE” DATE, “SAL” NUMBER (7, 2), “COMM” NUMBER (7, 2), “DEPTNO” NUMBER (2, 0), CONSTRAINT “PK_EMP” PRIMARY KEY (“EMPNO”)
USING INDEX ENABLE,
CONSTRAINT “FK_DEPTNO” FOREIGN KEY (“DEPTNO”)
REFERENCES “DEPT” (“DEPTNO”) ENABLE)
Answer: A

NEW QUESTION: 3
Which of the following best describes the concept of marginal VaR of an asset in a portfolio:
A. Marginal VaR describes the change in total VaR resulting from a $1 change in the value of the asset in question.
B. Marginal VaR is the change in the VaR estimate for the portfolio as a result of including the asset in the portfolio.
C. Marginal VaR is the contribution of the asset to portfolio VaR in a way that the sum of such calculations for all the assets in the portfolio adds up to the portfolio VaR.
D. Marginal VaR is the value of the expected losses on occasions where the VaR estimate is exceeded.
Answer: A
Explanation:
Explanation
The correct answer is choice 'd'
Marginal VaR is just the change in total VaR from a $1 change in the value of the asset in the portfolio. All other answers are incorrect. Mathematically, it is expressed as follows, where VaRp is the VaR for the portfolio, and Vi is the value of the asset in question.

Other answers describe other VaR related concepts such as incremental VaR, Component VaR and Conditional VaR.