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NEW QUESTION: 1
Ein Benutzer richtet zu Hause ein Kabelmodem ein und verbindet das Modem mit dem ISP der Kabelgesellschaft. Welchen der folgenden Netzwerktypen beschreibt diese Verbindung?
A. LAN
B. PAN
C. WAN
D. MAN
Answer: C

NEW QUESTION: 2
If the full notional value of a debt portfolio is $100m, its expected value in a year is $85m, and the worst value of the portfolio in one year's time at 99% confidence level is $60m, then what is the credit VaR?
A. $25m
B. $60m
C. $40m
D. $15m
Answer: A
Explanation:
Explanation
Credit VaR is the difference between the expected value of the portfolio and the value of the portfolio at the given confidence level. Therefore the credit VaR is $85m - $ 60m = $25m. Choice 'b' is the correct answer.
Note that economic capital and credit VaR are identical at a risk horizon of one year. Therefore if the question asks for economic capital, the answer would be the same.
[Again, an alternative way to look at this is to consider the explanation given in III.B.6.2.2: Credit Var = Q(L)
- EL where Q(L) is the total loss at a given confidence interval, and EL is the expected loss. In this case Q(L) -
$100-$60 = $40, and EL = $100-$85=$15. Therefore Credit VaR = $40-$15=$25.]

NEW QUESTION: 3
A group consists of two divisions, Alpha and Beta, both of which are profit centers. Alpha sells a product to the external market and also sells it as an intermediate product to Beta.
Beta then processes further before selling the final product to the external market. The current group transfer pricing policy requires Alpha to charge Beta with the variable cost of production.
Which of the following statements is valid?
A. A dual pricing approach to transfer pricing would increase Beta's total profit and reduce Alpha's.
B. A two-part tariff would provide a more effective basis for assessing divisional performance.
C. If Alpha has unfulfilled external demand then the transfer price should always be set at variable cost.
D. Transfer prices only affect the assessment of performance of investment centres, not of profit centres.
Answer: B



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