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Exam Code: RePA_Sales_S
Exam Name: PA Salesperson State Exam
Vendor: Pennsylvania Real Estate Commission

60 Questions & Answers
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NEW QUESTION: 1
Scott is a credit analyst with one of the credit rating agencies in India. He was looking in Oil and Gas Industry companies and has presented brief financials for following 4 entities:

From the data given below, calculate the standard deviation of the credit portfolio assuming that facility's exposure is known with certainty, customer defaults and LGDs are independent of one another and LGDs are independent across borrower(s).
Credit Facility A - Loss Equivalent Exposure of $60m, expected Default frequency of 1.5%, loss given default of 30%, Std Deviation of LGD - 5% and Correlation to portfolio - 0.10 Credit Facility B - Loss Equivalent Exposure of $25m, expected Default frequency of 2%, loss given default of 12%, Std Deviation of LGD - 12% and Correlation to portfolio - 0.45 Credit Facility C - Loss Equivalent Exposure of $15m, expected Default frequency of 5%, loss given default of 85%, Std Deviation of LGD - 18% and Correlation to portfolio - 0.22
A. US$ 1.66 million
B. US$6.88 million
C. US$ 0.10 million
D. US$ 1.16 million
Answer: D

NEW QUESTION: 2
After programming-a moderate to high intensity exercise program for a new 38-year-old client, the ACE
certified Personal Trainer learns they have been doubling each workout at each session, exceeding your initial
suggestions. The trainer should:
A. Reprogram the sessions to their demonstrated ability and energy.
B. Enthusiastically acknowledge the client's efforts and explain that they will achieve their goals faster.
C. Educate the client to the signs symptoms, and risks of overtraining.
D. Require the client to follow the original program until the next fitness test.
Answer: A

NEW QUESTION: 3
내부 감사자는 조직의 회계 응용 프로그램의 프로덕션 버전에 여러 가지 무단 수정이 이루어 졌음을 발견했습니다. 다음 중이 결함을 가장 잘 설명하는 것은 무엇입니까?
A. 인증은 취약점을 제어합니다.
B. 생산이 약점을 통제합니다.
C. 애플리케이션이 취약점을 제어합니다.
D. 변화는 약점을 통제합니다.
Answer: D


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