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NEW QUESTION: 1
Which of the following statements are true:
I. Capital adequacy implies the ability of a firm to remain a going concern II. Regulatory capital and economic capital are identical as they target the same objectives III. The role of economic capital is to provide a buffer against expected losses IV. Conservative estimates of economic capital are based upon a confidence level of 100%
A. III
B. I, III and IV
C. I and III
D. I
Answer: D
Explanation:
Explanation
Statement I is true - capital adequacy indeed is a reference to the ability of the firm to stay a 'going concern'.
(Going concern is an accounting term that means the ability of the firm to continue in business without the stress of liquidation.) Statement II is not true because even though the stated objective of regulatory capital requirements is similar to the purposes for which economic capital is calculated, regulatory capital calculations are based upon a large number of ad-hoc estimates and parameters that are 'hard-coded' into regulation, while economic capital is generally calculated for internal purposes and uses an institution's own estimates and models. They are rarely identical.
Statement II is not true as the purpose of economic capital is to provide a buffer against unexpected losses.
Expected losses are covered by the P&L (or credit reserves), and not capital.
Statement IV is incorrect as even though economic capital may be calculated at very high confidence levels, that is never 100% which would require running a 'risk-free' business, which would mean there are no profits either. The level of confidence is set at a level which is an acceptable balance between the interests of the equity providers and the debt holders.

NEW QUESTION: 2
Which three Avaya WFO/Framework maintenance tasks should be completed on a daily or weekly basis?
(Choose three.)
A. Check active alarms.
B. Consider loading trends.
C. Check data fragmentation.
D. Confirm services are running.
E. Perform database backups.
Answer: C,D,E

NEW QUESTION: 3
Your customer has configured each Cisco WAE to belong to multiple device groups for monitoring purposes. However the customer wants to ensure that the policies are applied to the device from one specific device group. What should you do?
A. You should rejoin the WAE to the desired device group
B. You should configure the other device groups as monitoring-only
C. You should configure an explicit policy device group
D. You must remove the WAE from all other device groups
Answer: C

NEW QUESTION: 4
A penetration tester successfully exploits a Windows host and dumps the hashes Which of the following hashes can the penetration tester use to perform a pass-the-hash attack?
A)

B)

C)

D)

A. Option B
B. Option C
C. Option D
D. Option A
Answer: C