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NEW QUESTION: 1
CreditRisk+, the actuarial model for calculating portfolio credit risk, is based upon:
A. the normal distribution
B. the Poisson distribution
C. the exponential distribution
D. the log-normal distribution
Answer: B
Explanation:
Explanation
CreditRisk+ treats default as a binary event, ignoring downgrade risk, capital structures of individual firms in the portfolio or the causes of default. It uses a single parameter, or the mean default rate, and derives credit risk based upon the Poisson distribution. Therefore Choice 'c' is the correct answer.

NEW QUESTION: 2
Which command displays the current retention period and size of the activity log?
A. queryactlogretention
B. queryactlog
C. query status
D. query retention
Answer: C

NEW QUESTION: 3
Which characteristics can be assigned to a wage type in table V_T511 (Wage Type Characteristics)?
There are 3 correct answers to this question.
Response:
A. Rewritable
B. Processing class
C. Indirect valuation module
D. Employee subgroup grouping for personnel calculation rule
E. Operation indicator (deduction wage type)
Answer: A,C,E

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