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Exam Code: SPHRi
Exam Name: Senior Professional in Human Resources - International
Vendor: HRCI

60 Questions & Answers
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NEW QUESTION: 1
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A. security policy
B. Sky ATP
C. IPS policy
D. identity management system
Answer: B

NEW QUESTION: 2
A customer plans to move an application from their mainframe to a UNIX environment. What primary advantage does AIX have over the competition in preventing inadvertent memory overlays in both the kernel and the application space?
A. AltiVec
B. Active Memory Sharing
C. Storage Protection Keys
D. Active Memory Expansion
Answer: C

NEW QUESTION: 3

A. Option C
B. Option D
C. Option A
D. Option E
E. Option B
Answer: E

NEW QUESTION: 4
When pricing credit risk for an exposure, which of the following is a better measure than the others:
A. Expected Exposure (EE)
B. Potential Future Exposure (PFE)
C. Mark-to-market
D. Notional amount
Answer: A
Explanation:
Explanation
Exposure for derivative instruments can vary significantly over the lifetime of the instrument, depending upon how the market moves. The potential future exposure represents the extremes, not the most likely outcome.
The expected exposure is the most suitable measure for pricing the credit risk. Over time, as multiple transactions are entered into, the expectation (or the mean) will be realized - though individual transactions may have more or less by way of exposure.
The notional amount may not be relevant, though for loans it may be the most important contributor to the expected exposure. Mark-to-market will represent the exposure at a given point in time, but cannot be predicted nor be used to price the credit risk.


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