8020 무료 덤프문제 온라인 액세스

Which of the following statements best defines the properties of top-down key risk indicators?

• A.Selected by junior management, used to manage changes in the business environment especially under periods of stress, and reported on an annual basis
• B.Can only be selected by the board in line with risk ratings.
• C.Selected by senior management, used to manage changes in the business environment especially under periods of stress, and reported on a daily basis.
• D.Selected by senior management, tied to material external and internal loss exposures and scenarios, and used to manage changes in the business environment, especially under periods of stress.

The The Task Force on Climate-related Financial Disclosures (TCFD) was founded by which body?

• A.The European Commission (EC).
• B.The Financial Stability Board (FSB).
• C.The United Nations (UN).
• D.The World Bank (WB).

Risk Sensitive pricing is required for several good reasons. Which one of the following is not relevant to the Management's evaluation of the correct approach to Risk Sensitive pricing?

• A.To avoid the build-up of a skewed quality property portfolio.
• B.To adequately reward the investors for the capital they gave us to put at risk.
• C.To ensure the income targets can be met or exceeded.
• D.To link personal targets to risk-adjusted return requirements would reinforce the desired risk aware, culture.

What are some of the properties of Bottom-Up KRIs?

• A.Selected by local management, based on key controls or weaknesses identified by audit reports, reported on quarterly.
• B.Selected by local management: tied to internal loss events at the legal entity, country, business and / or product level, reported daily, weekly or monthly.
• C.Are not used due to changes in regulations.
• D.Seated by senior management: tied to internal loss events at the legal entity, country, business and / or product level, reported.
  daily, weekly or monthly.

For which of the following reasons did the Turnbull Report have a significant impact on risk governance?

• A.It was the first report to require a board to take specific account of risks and control systems for risks.
• B.It defined the concept of risk governance for the insurance industry.
• C.It was the first report to list the board as a proposed governance structure.
• D.It was a report that led to the establishment of the US Federal Reserve.