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Jack is evaluating the existing risk management system of ABC Asset Management. She is asked to match the following events to the corresponding type of risk. Identify each numbered event as a market risk, credit risk, operational risk, or legal risk event.
1. Insufficient training leads to misuse of order management system. 2. Credit spreads widen following recent bankruptcies. 3. Option writer with counterparty cannot be netted because they originated …- 1
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首次公开发行股票网下配售时,发行人和主承销商可以向其配售股票的投资者为( )。
A. 主承销商控股股东管理的公募基金 B. 发行监事能够施加重大影响的公司 C. 持有主承销商10%股份的股东 D. 过去6个月内与主承销商签署私募公司债券承销协议的公司 E. 主承销商高级管理人员配偶的姐姐 【答案与解析】- 0
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根据《证券发行上市保荐业务管理办法》,下列关于保荐工作底稿的说法中,错误的是( )。
A. 保荐工作底稿应当真实、准确、完整地反映整个保荐工作的全过程 B. 保荐机构应当建立健全工作底搞制度,为每一项目建立独立的保荐工作底稿 C. 保荐代表人必须为其负责的每一项目建立尽职调查工作日志,作为保荐工作底搞的一部分存档备查 D. 保荐工作底搞保存期不少于5年 【答案与解析】- 0
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下列各项关于外币财务报表折算的会计处理中,正确的是( )。
A. 以母、子公司记账本位币以外的货币反映的实质上构成对境外经营子公司净投资的外币货币性项目,其产生的汇兑差额在合并财务报表中单列外币报表折算差额项目反映 B. 少数股东应分担的外币财务报表折算差额,应并入其他综合收益列示于合并资产负债表 C. 合并财务报表中各子公司之间存在实质上构成对另一子公司净投资的外币货币性项目,其产生的汇总差额应由少数股东承担 D. 在合并财务报表中对境外经营子公司产生的…- 0
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Which technique below does not contribute to credit risk mitigation?
A. Bond insurance B. Buy-and-hold C. Netting D. Collateralization- 0
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Hugo Nelson is preparing a presentation on the attributes of value at rish. Which of Nelson’s following statements is not correct?
A. VAR can account for the diversified holdings of a financial institution, reducing capital requirements. B. VAR(1%) can be interpreted as the number of days that a loss in portfolio value will excee…- 0
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甲企业主营业收入金额为80000万元,流动资产平均余额为5000万元,固定资产平均余额为10000万元。假设无其他资产,则该企业的总资产周转率为( )。
A. 4 B. 3 C. 6 D. 5 【答案与解析】 5- 0
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Which of the following statements regarding market, credit, and operational risk is correct?
A. People risk relates to the risk associated with incompetence and lack of suitable training of internal employees and/or external individuals. B. Between two counterparties, presettlement risk is al…- 0
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对于拟首次公开发行股票并在上交所上市的公司,下列属于公司及其保荐人和律师主张多人共同拥有公司控制权须符合的条件是( )。
A. 最近3年内持有公司股份表决权比例最高的股东不能发生变化 B. 多人共同拥有公司控制权的情况,必须通过公司章程予以明确 C. 首发后的可预期期限内共同拥有公司控制权的多人不会发生变更 D. 可以通过间接支配公司股份表决权的方式拥有公司控制权,无需直接持有公司股份 【答案与解析】- 0
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Which of the following statements regarding the responsibilities of the chief risk officer (CRO) is least accurate?
A. The CRO should provide the vision for the organization's risk management. B. In addition to providing overall leadership for risk, the CRO should communicate the organization's risk profi…- 1
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Tim Jones is evaluating two mutual funds for an investment of $100,000. Mutual fund A has $20,000,000 in assets, an annual expected return of 14 percent, and an annual standard deviation of 19 percent. Mutual fund B has $8,000,000 in assets, an annual expected return of 12 percent, and an annual standard deviation of 16.5 percent. What is the daily value at risk (VAR) of Jones’ portfolio at a 5 percent probability if he invests his money in mutual fund A?
A. $38,480. B. $13,344. C. $1,668. D. $1,924.- 0
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下列不属于贷款发放审核担保落实情况内容的是( )。
A. 是否可以事后补办抵(质)押登记 B. 抵(质)押保险金额是否覆盖信贷业务金额 C. 担保人的担保资料是否完整、合规、有效 D. 是否已按要求进行核保 【答案与解析】- 0
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Tom is evaluating the existing risk management system of RR Asset Management and identified the following two risks.
1. RR Asset Management's derivative pricing model consistently undervalues call options. 2. Swaps with counterparties exceed counterparty credit limit. These two risks are most likely to be class…- 0
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A board of directors is evaluating the implementation of a new ERM program at an asset management company. Which statement below is consistent across the various current definitions of an ERM program and most appropriate to be included in the company’s ERM definition and goals?
A. The ERM program should reduce costs by transferring or insuring most of the company's major risk exposures. B. The major goal of the new ERM program should be to reduce earnings volatility. C.…- 0
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Which of the following items accurately describe a disadvantage of non-parametric methods?
A. Difficult to estimate losses significantly larger than the maximum loss within the data set. B. Analysis depends critically on forecasted data. C. Volatile data periods lead to VAR and ES estimates…- 1
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Which of the following statements regarding generalized extreme value(GEV) and peakover-threshold(POT) is CORRECT?
A. POT requires the estimation of one more parameter than GEV. B. Both POT and GEV focus on the distribution of extreme values above a specified threshold. C. Only one of the approaches has a tail par…- 0
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根据《首次公开发行股票并在创业板上市管理办法》的规定,下列关于首次公开发行股票并在创业板上市的监督管理和法律责任的说法中,正确的是( )?
A. 发行人的发行申请文件和信息披露文件存在同一事实表述不一致的,证监会将中止审核并自确认之日起12个月内不受理相关保荐代表人推荐的发行申请 B. 发行人披露盈利预测,利润实现数未达到能得预测的50%的,除因不可抗力外,证监会可以自确认之日起36个月内不受理该公司的公开发行证券申请 C. 证券服务机构未勤勉尽责,所制作、出具的文件有虚假记载、误导性陈述或者重大遗漏的,证监会将自确认之日起12个月内…- 0
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The board of directors of a growing asset management company has recommended that the firm establish an ERM framework. Which of the following represents a key benefit that the firm will likely attain after establishing an ERM framework?
A. Allowing the company to determine and make use of a higher risk appetite. B. Finding the optimal reporting methodology for each risk function. C. Improving the top-down communication and coordinati…- 0
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Which of the following statements is least accurate regarding non-parametric density estimation?
A. Existing data points can be used to "smooth" the data points to allow for VAR calculation at all confidence levels. B. One of the advantages of non-parametric density estimation is that t…- 1
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在商业银行理财顾问服务中,客户根据商业银行和理财人员提供的理财顾问服务自行管理和运用资金,( )。
A. 客户获取由此产生的收益并承担风险 B. 客户获得由此产生的收益,客户和银行共同承担由此产生的风险 C. 客户与银行共同获得由此产生的收益,客户承担由此产生的风险 D. 客户获得由此产生的收益,银行承担由此产生的风险 【答案和解析】- 0
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Which of the following is TRUE comparing VAR and extreme value theory(EVT)?
A. The generalized Pareto distribution is fully parameterized by the mean and variance. B. VAR and EVT assume normality of the return distribution. C. Only EVT considers losses beyond a specified thre…- 0
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下列关于信贷资产证券化的说法中,错误的是( )。
A. 信贷资产证券化发起机构是因承诺依托而负责管理特定目的信托财产并发行资产支持证券的机构 B. 受托机构若发现贷款服务机构不能按照服务合同约定的方式、标准履行职责,经资产支持证券持有人大会决定,可以更换贷款服务机构 C. 信贷资产证券化发起机构和贷款服务机构不得担任同一交易的资金保管机构 D. 定向发行资产支持证券可免于信用评级 【答案与解析】- 0
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