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NEW QUESTION: 1
A security administrator is tasked with conducting an assessment made to establish the baseline security posture of the corporate IT infrastructure. The assessment must report actual flaws and weaknesses in the infrastructure. Due to the expense of hiring outside consultant, the testing must be performed using in-house or cheaply available resources.
There cannot be a possibility of equipment being damaged in the test. Which of the following has the administrator been tasked to perform?
A. Threat assessment
B. Penetration tes
C. Risk transference
D. Vulnerability assessment
Answer: C
NEW QUESTION: 2
To ensure good risk management which of the following should be true about the CRO role and function?
A. To ensure efficient flow of information the CRO should not be independent of business units.
B. The CRO should receive compensation that is directly determined by the profit of the trading desk.
C. The CRO should not be involved with the setting of risk limits.
D. The CRO should report to the CEO or the Board of Directors.
Answer: D
NEW QUESTION: 3
Assume that the spot rate curve is flat. Calculate the nominal yield spread on a 5-year, 6.5% bond priced at $96.91 when the spot rates are 6%.
A. 207 bp
B. 125 bp
C. 75 bp
Answer: B
Explanation:
Because the spot rates are constant, the nominal yield spread simply equals YTM - spot =
7 .25 - 6.00 = 125 bp.
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