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NEW QUESTION: 1
What are the three benefits of the Cisco Unified Access solution? (Choose three.)
A. one unified policy
B. one management for networking and mobility
C. one network with a single network architecture
D. one vendor
E. one architecture
Answer: A,B,C
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 should have in place a clearwritten policy and procedures governing such transactions.
C. It is good practice for compliance, legal or credit functions to identity counterparties before the execution of a deal.
D. Management needs to be aware of the risks involved, particularly with respect to credit exposure and money laundering.
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 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.
B. 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.
C. 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.
D. 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.
Answer: B

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