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NEW QUESTION: 1
Log on to SAP Fiori-## and confirm bank account creation from the bank accountant's perspective.
Note: There are 2 correct answers to this question.
A. On the Approve Request new screen, enter a note and choose Approve. The message, Change request
xxx approved, is displayed.
B. On the Approve Request screen, choose Approve.
C. In SAP Fiori, choose Bank Relationship My Bank Account Worklist.
D. In the Requests for Approval tab, the new bank account is displayed.
Answer: C,D
NEW QUESTION: 2
The estimate of historical VaR at 99% confidence based on a set of data with 100 observations will end up being:
A. the worst single observation in the data set
B. the extrapolated returns of the last 1.64 observations
C. the weighted average of the top 2.33 observations
D. None of the above
Answer: A
Explanation:
Explanation
The VaR in this case will be the top quintile of observations. In this case, since there are exactly 100 observations, this would mean the worst return would become the VaR. Therefore Choice 'b' is the correct answer. Choice 'a' and Choice 'c' make no sense. This highlights that at higher confidence levels, fewer and fewer observations impact the VaR if we are using historical simulation based VaR.
NEW QUESTION: 3
A. Option D
B. Option B
C. Option C
D. Option A
Answer: C
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