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NEW QUESTION: 1
One of the customer's marketing teams are complaining that emails are being delivered outside the sending window specified during campaign configuration. What is causing this issue?
A. The timezone is not set to the same location as the marketing team.
B. The user who created the campaign is in a security group that does not have permission to override the default sending window.
C. The marketing team are working with a VPN which is causing the issue.
D. The default sending window is set to override individual campaign settings.
Answer: B
NEW QUESTION: 2
Which of the following statements are true:
I. Credit risk and counterparty risk are synonymous
II. Counterparty risk is the contingent risk from a counterparty's default in derivative transactions III. Counterparty risk is the risk of a loan default or the risk from moneys lent directly IV. The exposure at default is difficult to estimate for credit risk as it depends upon market movements
A. I and II
B. II
C. II and III
D. III and IV
Answer: B
Explanation:
Explanation
Credit risk is the risk from a borrower defaulting on moneys lent. Counterparty risk, on the other hand, is the risk that a counterparty to a derivative transaction will be unable to pay at the time the transaction is in-the-money.
Credit risk therefore relates more to the banking book, counterparty risk relates more to the trading book.
Credit risk and counterparty risk differ in that for counterparty risk, the amount at risk fluctuates for counterparty risk depending upon the value of the underlying derivative. Counterparty risk generally starts at zero, for most swaps and other derivatives are near zero value at inception. Over time, as the prices of the underlying instruments move, one party ends up owing money to the other. A deterioration in the financial situation of the party owing moneys may lead to a loss to the other party, resulting in counterparty risk.
Counterparty risk can also arise from stock lending operations and repo trades.
Credit risk on the other hand is the traditional risk of default by a borrower, or a bank's customer who has taken a loan or has an overdraft or other credit facility.
Statement I is therefore incorrect as credit risk and counterparty risks are different.
Statement II is correct as counterparty risk is 'contingent' in the sense it arises only if the transaction with the counterparty ends up being in-the-money, and the counterparty defaults.
Statement III is incorrect. The statement describes credit risk.
Statement IV is incorrect, as the exposure is known for moneys lent. Derivative exposures for the future are difficult to estimate, they can even turn from moneys owed to moneys due as the value of the underlying changes.
NEW QUESTION: 3
Which of the following can aid in the identification of root causes of defects?
A. Histograms
B. Ishikawa diagrams
C. Pareto charts
D. Run charts
Answer: B
NEW QUESTION: 4
You are installing a new third-party application to all the Windows 7 client workstations that your company
has deployed.
You need to monitor all of the actions taken by the application installer.
Which application should you use?
A. Update Compatibility Evaluator
B. Windows Compatibility Evaluator
C. Compatibility Administrator
D. Setup Analysis Tool
Answer: C