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Exam Code: 2016-FRR
Exam Name: Financial Risk and Regulation (FRR) Series
Vendor: GARP

60 Questions & Answers
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NEW QUESTION: 1
Suppose your company has just passed a security risk assessment exercise. The results display that the risk of the breach in the main company application is 50%. Security staff has taken some measures and implemented the necessary controls. After that another security risk assessment was performed showing that risk has decreased to 10%. The risk threshold for the application is 20%.
Which of the following risk decisions will be the best for the project in terms of its successful continuation with most business profit?
A. Mitigate the risk
B. Accept the risk
C. Avoid the risk
D. Introduce more controls to bring risk to 0%
Answer: B

NEW QUESTION: 2
Which of the following does not describe an underwriting procedure?
A. best efforts
B. all or none
C. standby
D. fill or kill
Answer: D
Explanation:
Explanation/Reference:
Explanation: fill or kill. Fill or kill is an order qualifier. It requests immediate execution of the whole order or immediate cancellation. A best efforts underwriting, frequently linked to all or none, is usually seen on small new issues. A standby underwriting is utilized to guarantee the success of a rights offering.

NEW QUESTION: 3
What is one of IBM's key differentiators when it comes to delivering a Social Business solution?
A. We offer Facebook log-in credentials
B. We offer a flexible Social Business platform where customers can pick and choose what they need according to their business model
C. We offer a single, rigid stack that needs to be installed as a single, inflexible solution
D. We offer only cloud-based solutions
Answer: B


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