Question 61
Company A needs to provide a risk probability/frequency score for its RCSA program. If the event is likely to
happen once in 2 years, then the frequency score will be equal to:
happen once in 2 years, then the frequency score will be equal to:
Question 62
Which one of the four following statements describes a specific characteristic of risk and control
self-assessments (RCSA) which distinguishes it from both control assessments and risk and control
assessments?
self-assessments (RCSA) which distinguishes it from both control assessments and risk and control
assessments?
Question 63
Which one of the four following statements about Basis point values is correct?
Basis point value:
Basis point value:
Question 64
Which one of the following four regulatory drivers for operational risk management includes risk and control
requirements for financial statements in the United States?
requirements for financial statements in the United States?
Question 65
Of all the risk factors in loan pricing, which one of the following four choices is likely to be the least
significant?
significant?