C_TS460_2020 Mock Exams | C_TS460_2020 Latest Test Vce & SAP Certified Application Associate - SAP S/4HANA Sales 2020 Upskilling Test Result - Championlandzone

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  • Vendor : SAP
  • Certifications : SAP Certified Application Associate
  • Exam Name : SAP Certified Application Associate - SAP S/4HANA Sales 2020 Upskilling
  • Exam Code : C_TS460_2020
  • 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_TS460_2020 Categories: ,

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    NEW QUESTION: 1
    If a customer does not like the way reconciliation runs or calculates compliance, it is okay to modify the scripts includes, business rules and other logic to accommodate the business requirement.
    A. True
    B. False
    Answer: B

    NEW QUESTION: 2
    Which of the following decisions need to be made as part of laying down a system for calculating VaR:
    I. How returns are calculated, eg absoluted returns, log returns or relative/percentage returns II. Whether VaR is calculated based on historical simulation, Monte Carlo, or is computed parametrically III. Whether binary/digital options are included in the portfolio positions IV. How volatility is estimated
    A. II and IV
    B. I and III
    C. All of the above
    D. I, II and IV
    Answer: D
    Explanation:
    Explanation
    While conceptually VaR is a fairly straightforward concept, a number of decisions need to be made to select between the different choices available for the exact mechanism to be used for the calculations.
    There is more than one way to calculate returns. Absolute returns may be relevant for risk factors where the size of the movement is unrelated to its current value. For other risk factors, the returns might scale with the size of the existing value of the risk factor, eg equity prices. The right return definition needs to be adopted for each risk factor, therefore 'I' is a correct choice.
    The risk analyst has a Choice 'b'etween parametric VaR, Monte Carlo, and historical simulation based VaR. 'II' therefore is one of the decisions that needs to be made (though historical simulation is the choice most often made).
    The decision as to what to include in a portfolio is not a decision that is affected by choices made for VaR calculations. 'III' is therefore not a correct answer.
    There are multiple ways to calculate volatility - including decisions on how long back in time to go for the data, and whether volatility clustering needs to be accounted for using EWMA or GARCH. Therefore 'IV' is a correct answer.

    NEW QUESTION: 3

    A. Option B
    B. Option A
    C. Option C
    D. Option D
    Answer: A
    Explanation:
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