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NEW QUESTION: 1
Which of the following are components of the Capabilities Page for configuring Capabilities Planning?
There are 3 correct answers to this question.
A. Demand
B. Desired Rating
C. Supply
D. Importance
E. Current Rating
Answer: B,D,E

NEW QUESTION: 2
Which of the following correctly describes a reverse stress test:
A. Stress tests that are prescribed and conducted by a regulator in addition to the tests done by a bank
B. A stress test that requires a role reversal between risk managers and the risk taking business units in order to determine credible scenarios
C. Stress tests that start from a known stress test outcome and then ask what events could lead to such an outcome for the bank
D. A stress test that considers only qualitative factors that go beyond mathematical modeling to examine feedback loops and the effect of macro-economic fundamentals
Answer: C
Explanation:
Explanation
Generally, stress tests consider a shock or a severe scenario in order to determine the 'what-if' that circumstance were to materialize. They focus on the outcome based upon a set of shocks. In a reverse stress test, the outcome is assumed to be known (generally something as severe as bankruptcy, non-compliance with capital requirements etc), and the test is intended to work out what shocks or events would lead to such an outcome.
Reverse stress tests therefore start from a known stress test outcome (such as breaching regulatory captial ratios, illiquidity or insolvency) and then asking what events could lead to such an outcome for the bank. This can be quite a challenging task. Principle 9 laid out in the BCBS document on stress testing (May 2009) (which is part of the PRM syllabus effective March 1, 2010) lays down the expectations relating to reverse stress tests.
Therefore Choice 'a' is the correct answer. All the other choices are nonsensical.

NEW QUESTION: 3
A user has replaced the media in a direct thermal printer with a new type of label. The user reports that when the labels are fed through the printer, nothing is printed on the label. Which of the
following is the MOST likely issue?
A. Print jobs are formatted incorrectly for the new media
B. The user did not reset the printer after installing the media
C. An incorrect media type is being used in the printer
D. The heating element needs to be cleaned or replaced
Answer: C
Explanation:
Check the media type and confirm whether it is the correct one used for this printer.