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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
You need to specify the correct artifacts to use in a SharePoint 2010 application for a school district. The school
district's administrator needs to be able to search for student information on an intranet SharePoint 2010 portal.
Student information is currently available in another database, which supports an Open Database Connectivity (ODBC) driver. You need to design the solution to meet the following requirements:
*Provide a user interface to search for a student based on name.
.Enable the administrator to select the correct student name from the search results.
.Provide a student header section that displays the primary student identity information, which will enable the administrator to correlate any new information with the correct student.
.Provide additional data entry pages to add or update additional student information.
Which approach should you recommend?
A. Design connected Web Parts to share information among search data entry, student header information, and new data entry information Web Parts.
B. Design a user control and load this control in a Web Part to search for a student. Then render the student details in a SharePoint page.
C. Design HTML Web pages to render the student details. Install these pages under the /templates/ _layouts/1033 folder and load these pages in Web Parts.
D. Design a Web Part to search for a student. Then render the student record details in a SharePoint
page.
Answer: A

NEW QUESTION: 2
---

A. Process Clear
B. Process Add
C. Process Full
D. Process Data
E. Process Default
Answer: B

NEW QUESTION: 3
You are the project manager for BlueWell Inc. You have noticed that the risk level in your project increases above the risk tolerance level of your enterprise. You have applied several risk responses. Now you have to update the risk register in accordance to risk response process. All of the following are included in the risk register except for which item?
A. Network diagram analysis of critical path activities
B. Agreed-upon response strategies
C. Risk owners and their responsibility
D. Risk triggers
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The risk register does not examine the network diagram and the critical path. There may be risks associated with the activities on the network diagram, but it does not address the network diagram directly.
The risk register is updated at the end of the plan risk response process with the information that was discovered during the process. The response plans are recorded in the risk register. In the risk register, risk is stated in order of priority, i.e., those with the highest potential for threat or opportunity first. Some risks might not require response plans at all, but then too they should be put on a watch list and monitored throughout the project. Following elements should appear in the risk register:
List of identified risks, including their descriptions, root causes, and how the risks impact the project

objectives
Risk owners and their responsibility

Outputs from the Perform Qualitative Analysis process

Agreed-upon response strategies

Risk triggers

Cost and schedule activities needed to implement risk responses

Contingency plans

Fallback plans, which are risk response plans that are executed when the initial risk response plan

proves to be ineffective
Contingency reserves

Residual risk, which is a leftover risk that remains after the risk response strategy has been

implemented
Secondary risks, which are risks that come about as a result of implementing a risk response



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