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GARP 2016-FRR Exam Dumps - Actual Questions Answers

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  • Last Update: Nov 18, 2024
  • Questions: 342 questions with Expert Explanation
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2016-FRR Questions and Answers

Question # 1

Altman's Z-score incorporates all the following variables that are predictive of bankruptcy EXCEPT:

A.

Return on total assets

B.

Sales to total assets

C.

Equity to debt

D.

Return on equity

Question # 2

A bank customer chooses a mortgage with low initial payments and payments that increase over time because the customer knows that she will have trouble making payments in the early years of the loan. The bank makes this type of mortgage with the same default assumptions uses for ordinary mortgages, thus underestimating the risk of default and becoming exposed to:

A.

Moral hazard

B.

Adverse selection

C.

Banking speculation

D.

Sampling bias

Question # 3

By foreign exchange market convention, spot foreign exchange transactions are to be exchanged at the spot date based on the following settlement rule:

A.

One-day rule

B.

Two-day rule

C.

Three-day rule

D.

Four-day rule

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GARP 2016-FRR Exam Dumps FAQs

1. What is the GARP 2016-FRR Financial Risk and Regulation Exam?

The GARP 2016-FRR Financial Risk and Regulation Exam is a comprehensive test that assesses your knowledge of financial risk and regulation concepts. It is designed for professionals who work in the field of finance, risk management, and compliance.

2. Who is eligible to take the GARP 2016-FRR Financial Risk and Regulation Exam?

The GARP 2016-FRR Financial Risk and Regulation Exam is ideal for professionals who have three to five years of experience in the financial sector, particularly in risk, auditing, accounting, consulting, compliance, IT, and insurance.

3. What topics are covered in the GARP 2016-FRR Financial Risk and Regulation Exam?

The GARP 2016-FRR Financial Risk and Regulation exam focused on four key areas:

  • Credit Risk: Assessing and managing risks associated with lending and borrowing.
  • Market Risk: Understanding and mitigating risks arising from market fluctuations.
  • Operational Risk: Identifying and controlling risks related to internal processes and systems.
  • Asset and Liability Management (ALM): Balancing risks and returns by aligning assets and liabilities effectively.

4. What is the format of the GARP 2016-FRR Financial Risk and Regulation Exam?

The GARP 2016-FRR Financial Risk and Regulation Exam is a computer-based test that consists of 100 multiple-choice questions. You will have four hours to complete the exam.

5. What is the passing score for the GARP 2016-FRR Financial Risk and Regulation Exam?

The passing score for the GARP 2016-FRR Financial Risk and Regulation Exam is 60%.

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