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NEW QUESTION: 1
Which of the following statements is the most appropriate description of feedback effects:
A. The amplification of smaller initial shocks to one risk factor creating larger subsequent shocks through system-wide interactions between other risks, creating self-perpetuating downward stresses in the markets
B. The spread of contagion from the bankruptcy of one participant leading to a similar outcome for other market participants
C. The lack of a comprehensive view of risk across credit, market and liquidity risks leading to an underestimation of correlations that tend to spike up in the event of a crisis
D. The revision of stress testing scenarios based upon management, business unit and regulatory feedback on the plausibility or otherwise of stress scenarios.
Answer: A
Explanation:
Explanation
Choice 'a' (The amplification of smaller initial shocks to one risk factor creating larger subsequent shocks through system-wide interactions between other risks, creating self-perpetuating downward stresses in the markets) is the most comprehensive description of 'feedback effects', as described in the BCBS document on stress testing. Choice 'c' is one manifestation of feedback effects, but does not describe the entire effect.
Choice 'b' is not a description of 'feedback effects', but one of the various weaknesses in stress testing that was seen during the crisis. Choice 'd' is plain nonsensical.
The BCBS paper provides a good and succinct description of feedback effect: how mortgage default shocks led to a deterioration of market prices of CDOs, followed by a drying up of the liquidity in these markets. This led to banks having to hold on to assets they intended to securitize (securitization and warehousing risk), and given the absence of transparency on who was exposed to what, banks refusing to lend to each other and a drying up of the wholesale funding market as well. All of this was additionally accompanied by a general flight to quality, households withdrawing money from money market funds creating a crisis in that market as well. At each stage, the initial shock was amplified and fed back into the system through interactions that had not been imagined by any market participant or regulator, leave alone risk managers.

NEW QUESTION: 2
Which of the following APIs is used to collect information about any running state and any errors that occur within an ASP.NET application?
A. Error Handling API
B. Personalization API
C. Health Monitoring API
D. Profile API
Answer: C

NEW QUESTION: 3
Hormonal agents are used to treat some cancers. An example is:
A. ACTH to treat adrenal carcinoma.
B. estrogen antagonists to treat breast cancer.
C. thyroxine to treat thyroid cancer.
D. glucagon to treat pancreatic carcinoma.
Answer: B
Explanation:
Estrogen antagonists are used to treat estrogen hormone-dependent cancer, such as breast carcinoma. A wellknown estrogen antagonist used in breast cancer therapy is Tamoxifen (Nolvadex). This drug, in combination with surgery and other chemotherapeutic drugs, reduces breast cancer recurrence by 30%. Estrogen antagonists can also be administered to prevent breast cancer in women who have a strong family history of the disease. Thyroxine is a natural thyroid hormone. It does not treat thyroid cancer. ACTH is an anterior pituitary hormone that stimulates the adrenal glands to release glucocorticoids; it does not treat adrenal cancer. Glucagon is a pancreatic alpha cell hormone that stimulates glycogenolysis and gluconeogenesis; it does not treat pancreatic cancer.
Pharmacological Therapies

NEW QUESTION: 4
Three similar production servers underwent a vulnerability scan. The scan results revealed that the three servers had two different vulnerabilities rated "Critical".
The administrator observed the following about the three servers:
The servers are not accessible by the Internet

AV programs indicate the servers have had malware as recently as two weeks ago

The SIEM shows unusual traffic in the last 20 days

Integrity validation of system files indicates unauthorized modifications

Which of the following assessments is valid and what is the most appropriate NEXT step? (Select TWO).
A. Immediately rebuild servers from known good configurations
B. Schedule recurring vulnerability scans on the servers
C. Servers may be generating false positives via the SIEM
D. Servers may have been built inconsistently
E. Activate the incident response plan
F. Servers may have been tampered with
Answer: A,E