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Full Exam Name: GRC Professional Certification Exam
Vendor Name: OCEG
Exam Code: GRCP
Questions with Answers (PDF) 65
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NEW QUESTION: 1
Which of the following IBM LotusScript methods can be used to create a new meeting invitation?
A. NotesCalendar.CreateInvite( icalentry$ , [ flags% ] )
B. NotesCalendar.CreateDocument( icalentry$ , [ flags% ] )
C. NotesCalendar.CreateEntry( icalentry$ , [ flags% ] )
D. NotesCalendar.CreateMeeting( icalentry$ , [ flags% ] )
Answer: C

NEW QUESTION: 2
Which Guardium Feature can be used to extract Application End User information from a stored procedure call?
A. Custom ID procedures
B. Tuple Groups
C. SIEM Integration with Message Templates
D. ABAP Import procedures
Answer: A

NEW QUESTION: 3
Which of the following statements is true
I. If no loss data is available, good quality scenarios can be used to model operational risk II. Scenario data can be mixed with observed loss data for modeling severity and frequency estimates III. Severity estimates should not be created by fitting models to scenario generated loss data points alone IV. Scenario assessments should only be used as modifiers to ILD or ELD severity models.
A. All statements are true
B. III and IV
C. I and II
D. I
Answer: C
Explanation:
Explanation
There are multiple ways to incorporate scenario analysis for modeling operational risk capital - and the exact approach used depends upon the quantity of loss data available, and the quality of scenario assessments.
Generally:
- If there is no past loss data available, scenarios are the only practical means to model operational risk loss distributions. Both frequency and severity estimates can be modeled based on scenario data.
- If there is plenty of past data available, scenarios can be used as a modifier for estimates that are based solely on data (for example, consider the MAX of the loss estimates at the desired quantile as provided by the data, and as indicated by scenarios)
- If high quality scenario data is available, and there is sufficient past data, one could mix scenario assessments with the loss data and fit the combined data set to create the loss distribution. Alternatively, both could be fitted with severity estimates and then the two severities could be parametrically combined.
In short, there is considerable flexibility in how scenarios can be used.
Statement I is therefore correct, and so is statement II as both indicate valid uses of scenarios.
Statement III is not correct because it may be okay to create severity estimates based on scenario data alone.
Statement IV is not correct because while using scenarios as modifiers to other means of estimation is acceptable, that is not the only use of scenarios.

NEW QUESTION: 4
Amazon EC2 Auto Scaling 그룹은 웹 애플리케이션의 고 가용성을 달성하는데 어떻게 도움이 됩니까?
A. 웹 서버 인스턴스의 계층에 들어오는 요청을 분배할수 있습니다.
B. 애플리케이션의 글로벌 수요에 따라 여러 AWS 리전에서 더 많은 인스턴스를 자동으로 추가합니다.
C. 응용 프로그램의 스토킹 : 콘텐츠가 최종 사용자에게 더 가까이 있을 수 있게 합니다.
D. 애플리케이션이 필요할 때 여러 가용 영역에서 인스턴스를 자동으로 추가 또는 교체
Answer: D

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