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NEW QUESTION: 1
Which of the following statements are true:
I. Pre-settlement risk is the risk that one of the parties to a contract might default prior to the maturity date or expiry of the contract.
II. Pre-settlement risk can be partly mitigated by providing for early settlement in the agreements between the counterparties.
III. The current exposure from an OTC derivatives contract is equivalent to its current replacement value.
IV. Loan equivalent exposures are calculated even for exposures that are not loans as a practical matter for calculating credit risk exposure.
A. III and IV
B. I, II, III and IV
C. II and IV
D. II and III
Answer: B
Explanation:
Explanation
Pre-settlement risk is the risk that one of the counterparties defaults prior to the date for the maturity of the transaction in question. This may be an unrelated default, in fact there may have been no default on that particular contract, but the party may have defaulted on its other obligations, or filed for bankruptcy. To deal with such cases and to protect the interests of both the parties, it is common to provide for immediate termination of positions and settlement based on the current replacement value of the contracts. Therefore statements I and II are correct.
Statement III is correct as well - the exposure from an OTC derivative contract derives from its current replacement value, and not the notional. If the current replacement value is negative, then the credit exposure is considered equal to zero.
Statement IV is correct as it is quite common to restate all exposures - those from credit lines, OTC derivatives etc - in loan equivalent terms prior to estimating credit risk.

NEW QUESTION: 2
You create a Web Form that displays a GridView. The GridView's data source is a DataSet named
dsOrders.
The DataSet contains two DataTables named Orders and OrderDetails.
You create a relation between the two DataTables using the following code segment. (Line numbers are
included for reference only.)
01 dtOrders = dsOrders.Tables["Orders"];
02 dtOrderDetails = dsOrders.Tables["OrderDetails"];
03 colParent = dtOrders.Columns["OrderID"];
04 colChild = dtOrderDetails.Columns["ParentOrderID"];
05 dsOrders.Relations.Add("Rel1", colParent, colChild, false);
You need to find the cause of the exception being raised in line 05.
What should you do?
A. Ensure that the child column and the parent column have the same data types.
B. Ensure that the child column and the parent column have the same names.
C. Ensure that each row in the child table has a corresponding row in the parent table.
D. Ensure that the tables have an explicit relationship defined by a foreign key constraint in the database.
E. Ensure that the child table and the parent table have the same names.
Answer: A

NEW QUESTION: 3
Which of the following statements is correct about the get query service?
A. The get service returns multiple records when the query conditions match multiple records.
B. The get service returns only one piece of data.
C. When multiple data records are found, an error is reported and no data is returned.
D. When the query conditions match multiple records, only one record is returned. The data is sorted by time.
Answer: B

NEW QUESTION: 4
Which two export options can you use to display the correct Page N of M values in an exported file? (Choose two.)
A. Rich Text Format
B. XML
C. Report Definition
D. Acrobat Format (PDF)
Answer: A,D