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NEW QUESTION: 1
What are the three benefits of the Cisco Unified Access solution? (Choose three.)
A. one vendor
B. one management for networking and mobility
C. one architecture
D. one unified policy
E. one network with a single network architecture
Answer: B,D,E
Explanation:
Section: (none)

NEW QUESTION: 2
Where dealing through an intermediary with an unidentified principal, the Model Code recommends:
A. All of the above.
B. Management needs to be aware of the risks involved, particularly with respect to credit exposure and money laundering.
C. Management should have in place a clearwritten policy and procedures governing such transactions.
D. It is good practice for compliance, legal or credit functions to identity counterparties before the execution of a deal.
Answer: A

NEW QUESTION: 3
In its VaR calculations, JPMorgan Chase uses an expected tail-loss methodology which approximates losses at the 99% confidence level. This methodology consists of two subsequent steps to estimate the VaR. Which of the following explains this two-step methodology?
A. After VaR is computed at the 99% confidence level, the expected tail loss in excess of that confidence level is determined, which is then compared with the VaR estimate at the 98% confidence level.
B. After VaR is computed at the 99% confidence level, the expected tail loss in excess of that confidence level is determined, which is then compared with the VaR estimate at the 99% confidence level.
C. After VaR is computed at the 97% confidence level, the expected tail loss in excess of that confidence level is determined, which is then compared with the VaR estimate at the 99% confidence level.
D. After VaR is computed at the 1% confidence level, the expected tail loss in excess of that confidence level is determined, which and is then compared with the VaR estimate at the 98% confidence level.
Answer: C

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