What is a client server?
What will be an ideal response?
Answer: A computer that serves other computers on a network. A client server generally has more processing power and disk storage space.
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Which of the following is NOT a valid conceptual or application problem of the mortality rate approach to estimate default risk?
A. Implied future probabilities are sensitive to the period over which MMRs are calculated. B. The estimates are sensitive to the number of issues in each investment grade. C. Syndicated loans seem to have higher mortality rates than corporate bonds. D. The estimated probability values are historic or backward-looking measures. E. The estimates are sensitive to the relative size of issues in each investment grade.
In contrast to global organizations where most of the resources are centralized in different countries, different resources in a transnational company need to be centralized in the company's home country
Indicate whether the statement is true or false