All of the following except ________ are categories of informational reports
A) reports to monitor and control operations
B) reports to demonstrate compliance
C) reports to document progress
D) reports to assess opportunities
E) reports to implement policies
Answer: D
Explanation: D) Informational reports are used to monitor and control operations, implement policies and procedures, demonstrate compliance, and document progress.
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Which of the following statements is true about the Class Action Fairness Act?
A) It was designed to transfer the jurisdiction in class action tort suits from federal courts to state courts. B) It favored the plaintiffs of class action suits as federal courts usually give larger awards than state courts in these suits. C) It sharply reduced the number of class action suits filed in and removed to the federal courts. D) It gave federal courts jurisdiction over class action cases in which there are at least 100 class action members.
Which of the following describes stressed VaR?
A. It is based on movements in market variables in stressed market conditions B. It is VaR with a very high confidence level C. It is VaR multiplied by a factor of 3 D. None of the above