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NEW QUESTION: 1
What should an administrator utilize in policies to specify which traffic should be decrypted? (Choose the best answer.)
A. Listeners
B. The SSL Proxy
C. All proxy services
D. URL categories
Answer: A
NEW QUESTION: 2
Which of the following was not a policy response introduced by Basel 2.5 in response to the global financial crisis:
A. Stressed VaR (SVaR)
B. Comprehensive Risk Model (CRM)
C. Incremental Risk Charge (IRC)
D. Comprehensive Capital Analysis and Review (CCAR)
Answer: D
Explanation:
Explanation
The CCAR is a supervisory mechanism adopted by the US Federal Reserve Bank to assess capital adequacy for bank holding companies it supervises. It was not a concept introduced by the international Basel framework.
The other three were indeed rules introduced by Basel 2.5, which was ultimately subsumed into Basel III.
Stressed VaR is just the standard 99%/10 day VaR, calculated with the assumption that relevant market factors are under stress.
The Incremental Risk Charge (IRC) is an estimate of default and migration risk of unsecuritized credit products in the trading book. (Though this may sound like a credit risk term, it relates to market risk - for example, a bond rated A being downgraded to BBB. In the old days, the banking book where loans to customers are held was the primary source of credit risk, but with OTC trading and complex products the trading book also now holds a good deal of credit risk. Both IRC and CRM account for these.) While IRC considers only non-securitized products, the CRM (Comprehensive Risk Model) considers securitized products such as tranches, CDOs, and correlation based instruments.
The IRC, SVaR and CRM complement standard VaR by covering risks that are not included in a standard VaR model. Their results are therefore added to the VaR for capital adequacy determination.
NEW QUESTION: 3
You are the Test Manager on a project following an iterative life-cycle model. The project should consist of nine iterations of one month duration each. It is planned to develop the most important features to have a stable core of the application in the first three iterations and to add the additional features in the last six iterations.
At the beginning of the first iteration, only a draft version of the requirements specification document for the core features is available. Assume that during each of the first three iterations, the chosen features are fully completed and unit tested.
Which of the following statements is true in this context?
A. You should allocate a large effort for system testing during the first three iterations
B. You should allocate all the effort for the system test phase only in the last iteration
C. The system test phase should start when all the requirements are frozen
D. You should apply the same test strategy as used in a sequential life cycle model
Answer: A
Explanation:
Explanation/Reference:
Explanation: