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NEW QUESTION: 1
Given:
var data = new ArrayList<>();
data.add("Peter");
data.add(30);
data.add("Market Road");
data.set(1, 25);
data.remove(2);
data.set(3, 1000L);
System.out.print(data);
What is the output?
A. [Market Road, 1000]
B. [Peter, 30, Market Road]
C. [Peter, 25, null, 1000]
D. An exception is thrown at run time.
Answer: D
Explanation:
NEW QUESTION: 2
How do user stories and testing relate in an agile project?
[K2] 1 credit
A. User stories drive the regression test.
B. User stories provide the user requirement and acceptance criteria being two important inputs for the tester.
C. The tester will typically gather and document the user stories, and use them for testing.
D. User stories provide the flow of events which are to be used by the tester to define test cases.
Answer: B
NEW QUESTION: 3
A derivative contract has a negative current replacement value. Which of the following statements is true about its loan equivalent value for credit risk calculations over a 2-year horizon?
A. The notional value of the derivatives contract should be used for loan equivalence calculations.
B. Since the derivatives contract has a negative current replacement value, exposure will be zero.
C. The credit exposure will be a given quintile of the expected distribution of the value of the derivatives contract in the future.
D. The current exposure can be used for loan equivalence calculations as that is an unbiased proxy for the future value.
Answer: C
Explanation:
Explanation
The current exposure is negative, so there is no immediate credit exposure. However, since the price of the derivative is volatile, we can reasonably expect the value to be greater than zero sometime in the future. This is a stochastic variable which will have a distribution, and not just a unique value, in the future that will represent the credit exposure. Since there is no unique value, a conservative approach is to pick a quintile of the distribution, and use that as the future value of the derivative contract, with the assurance that the probability of the credit exposure exceeding that quintile is known and has been consciously selected. This number can then be converted to a loan equivalent amount for credit risk purposes. Therefore Choice 'b' is the correct answer. Choice 'a', Choice 'd' and Choice 'c' are incorrect for these reasons.
NEW QUESTION: 4
Prima Nota (Source document); documents for Fl, CO and ML are stored in tables _______, _______,
_______ respectively.
A. ACDOCA.
B. BSEG, COEP & MLIT.
Answer: B
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Aalk - 2014-05-05 16:45:18
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