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1. For banks and financial institutions, the use of institution-wide enterprise risk management (ERM) programs is continuing to grow, what is the current (Summer 2013) share of the institutions which have a ERM strategy in place?
A) Over 80%
B) 0%to 80%
C) 60% to 70%
D) under 60%
2. Which of the following is not a dimension of a Mark-to-Future cube?
A) Exposures
B) Scenarios
C) Time steps
D) Instruments
3. Based on the Risk Magazine Technology rankings for Enterprise Risk Management, which statement is false?
A) Algorithmics trading platform was ranked in the top five
B) Market was NOT ranked in the top five
C) Sungard was ranked in the top five
D) FinCAD was NOT ranked in the top five
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: B |
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