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NEW QUESTION: 1
A company plans to set up an organizational hierarchy to manage organizational relationships. You need to identify which organizational purpose to use. What purpose can you assign to an organizational hierarchy?
A. Financial reason code
B. Centralized payments
C. Cost center
D. Price models
Answer: B
Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/cash-bank-management/set-up-centr
NEW QUESTION: 2
Under the actuarial (or CreditRisk+) based modeling of defaults, what is the probability of 4 defaults in a retail portfolio where the number of expected defaults is 2?
A. 4%
B. 18%
C. 2%
D. 9%
Answer: D
Explanation:
Explanation
The actuarial or CreditRisk+ model considers default as an 'end of game' event modeled by a Poisson distribution. The annual number of defaults is a stochastic variable with a mean of and standard deviation equal to .
The probability of n defaults is given by (