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  • Vendor : SAP
  • Certifications : SAP Certified Associate
  • Exam Name : SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Public Edition - Financial Accounting
  • Exam Code : C_S4CFI_2402
  • Total Questions : 376 Q&As
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What is VCE Simulator?
VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.
SKU: C_S4CFI_2402 Categories: ,

Description

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    NEW QUESTION: 1
    신생 기업은 인기있는 비디오 게임의 최고 점수를 추적하는 응용 프로그램을 개발하고 있습니다. 솔루션 설계자는 전세계 수백만 명의 플레이어가 점수를 실시간으로 처리 할 수 ​​있도록 솔루션을 설계해야 합니다.
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    C. 아마존 키네시스 파이어 호스
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    Answer: C

    NEW QUESTION: 2
    The 99% 10-day VaR for a bank is $200mm. The average VaR for the past 60 days is $250mm, and the bank specific regulatory multiplier is 3. What is the bank's basic VaR based market risk capital charge?
    A. $250mm
    B. $600mm
    C. $750mm
    D. $200mm
    Answer: C
    Explanation:
    Explanation
    The current Basel rules for the basic VaR based charge for market risk capital set market risk capital requirements as the maximum of the following two amounts:
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    - If the number of exceedances is between 5 and 9, then the multiplier = 3 + 0.2*(N-4), where N is the number of exceedances.
    - If the number of exceedances is >=10, then the multiplier is 4.
    So you can see that in most normal situations the risk capital requirement will be dictated by the multiplier and the prior 60-day average VaR, because the product of these two will almost often be greater than the current
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    The correct answer therefore is = max(200mm, 3*250mm) = $750mm.
    Interestingly, also note that a 99% VaR should statistically be exceeded 1%*250 days = 2.5 times, which means if the bank's VaR model is performing as it should, it will still need to use a reg multiplier of 3.

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    Answer: D
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