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NEW QUESTION: 1

A. Option A
B. Option B
C. Option C
D. Option D
Answer: B

NEW QUESTION: 2
Which step must be completed before creating a new threshold set for a new scenario? (Choose the best answer.)
A. Execute the scenario jobs.
B. Create the scenario.
C. Modify the threshold set jobs.
D. Create the thresholds.
Answer: D

NEW QUESTION: 3
A trader inadvertently booked a trade with incorrect information. A subsequent market move resulted in a gain to the bank. Should the bank include this amount of gain into its operational loss event data program?
I. The bank should include this gain in its operational loss event data program as a gain realized due to operational risk events.
II. The bank should include this gain in its operational loss event data program as it indicates that a control failed or a process is flawed.
III.
The bank should include this event in its operational loss event data program and record the gain as a loss resulting from operational risk.The bank should not include this event in its operational loss event data program as it is not a loss event, but a market risk event.
A. I, II and III
B. I and II
C. II and III
D. I and III
Answer: B