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NEW QUESTION: 1
Which customizing setting in process oriented storage control can be used to determine the destination location for a storage process step?
Please choose the correct answer. Response:
A. Handling unit type group
B. Warehouse order creation rule
C. Rules based determination of destination
D. Delivery item type
Answer: C
NEW QUESTION: 2
Which IBM storage solution provides a powerful hardware platform with compression that can support the massive volumes of data created by today's demanding cloud and analytics applications?
A. IBM Storwize V3700
B. IBM FlasSystem 840
C. IBM Storwize V7000
D. IBM DCS3700
Answer: B
Explanation:
(http://www.redbooks.ibm.com/technotes/tips1158.pdf)
NEW QUESTION: 3
Who has the ultimate responsibility for the overall stress testing programme of an institution?
A. The Board
B. Senior Management
C. Business Unit leaders
D. The Risk Committee
Answer: A
Explanation:
Explanation
According to the first principle set out by the BCBS paper on stress testing, the Board has ultimate responsibility for the overall stress testing programme. Senior management is accountable for the implementation, management and oversight of the programme, but the overall responsibility stays with the Board of Directors of the institution. Therefore Choice 'c' is the correct answer.
Additionally, this principle lays down that stress testing should be a part of the overall governance, ie support the strategic choices made as part of business planning; and be integrated with the risk management culture of the bank, ie stress tests should be used as an input for setting the risk appetite, exposure limits, and the capital and liquidity planning processes of the bank.