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NEW QUESTION: 1
A statement in the annual report of a bank states that the 10-day VaR at the 95% level of confidence at the end of the year is $253m. Which of the following is true:
I. The maximum loss that the bank is exposed to over a 10-day period is $253m.
II. There is a 5% probability that the bank's losses will not exceed $253m III. The maximum loss in value that is expected to be equaled or exceeded only 5% of the time is $253m IV. The bank's regulatory capital assets are equal to $253m
A. II and IV
B. III only
C. I and III
D. I and IV
Answer: B
Explanation:
Explanation
Statement I is not correct as VaR does not set an upper limit on losses. In this case, the bank expects the losses to exceed $253m 5% of the times, and the VaR number does not indicate any theoretical maximum amount of losses.Statement II is incorrect as there is a 95% (and not 5%) probability that the bank's losses will not exceed
$253mStatement III is correct and describes VaR.Statement IV is incorrect, as regulatory capital is a more complex computation for which VaR is only one of the various input.Therefore Choice 'b' is the correct answer.

NEW QUESTION: 2
A customer's security measures are failing to control all its devices because of inadequate profiling and policy management. As a result, the customer is looking for role-based access and adaptive security policies.
Which use case does this customer typify?
A. Wi-Fi Analytics
B. BYOD simplification
C. Guest
D. Legacy AAA replacement
Answer: B

NEW QUESTION: 3
On an ASA, the policy that indicates that traffic should not be translated is often referred to as which of the following?
A. NAT null
B. NAT allow
C. NAT zero
D. NAT forward
Answer: C