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NEW QUESTION: 1
CreditRisk+, the actuarial model for calculating portfolio credit risk, is based upon:
A. the log-normal distribution
B. the exponential distribution
C. the Poisson distribution
D. the normal distribution
Answer: C
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 retention
D. query status
Answer: D

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. Employee subgroup grouping for personnel calculation rule
B. Operation indicator (deduction wage type)
C. Rewritable
D. Indirect valuation module
E. Processing class
Answer: B,C,D

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