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NEW QUESTION: 1
Which one of the following statements regarding the variance-covariance method for calculating value-at-risk is true?
A. The prices of underlying assets are normally distributed, the volatilities of risk factors follow a GARCH process and correlations between risk factors are constant.
B. The returns of underlying assets are normally distributed and volatilities of risk factors and correlations between risk factors are constant.
C. The volatilities of the underlying assets are normally distributed and the prices remain constant.
D. The risk factors are normally distributed and volatilities of risk factors and correlations between risk factors are constant.
Answer: B

NEW QUESTION: 2
다음 중 활동 정의 프로세스의 입력은 무엇입니까?
A. 활동 목록
B. 범위 기준선
C. 자원 달력
D. 중요 시점 목록
Answer: B

NEW QUESTION: 3
Which of the following risks refer to probability that an actual return on an investment will be lower than the investor's expectations?
A. Expense risk
B. Relevance risk
C. Project ownership risk
D. Integrity risk
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Probability that an actual return on an investment will be lower than the investor's expectations is termed as investment risk or expense risk. All investments have some level of risk associated with it due to the unpredictability of the market's direction. This includes consideration of the overall IT investment portfolio.
Incorrect Answers:
A: The risk that data cannot be relied on because they are unauthorized, incomplete or inaccurate is termed as integrity risks.
B: The risk of IT projects failing to meet objectives due to lack of accountability and commitment is referring to as project risk ownership.
C: The risk associated with not receiving the right information to the right people (or process or systems) at the right time to allow the right action to be taken is termed as relevance risk.

NEW QUESTION: 4
The following SAS program is submitted:
data work.test;
Title = 'A Tale of Two Cities, Charles J.
Dickens';
Word = scan(title,3,' ,');
run;
Which one of the following is the value of the variable WORD in the output data set?
A. ' ' (missing character value)
B. T
C. of
D. Dickens
Answer: A