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Accredited Financial Examiner

Last Update Nov 23, 2024
Total Questions : 286

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Last Update Nov 23, 2024
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Accredited Financial Examiner Questions and Answers

Questions 1

Internal Control is:

Options:

A.

the process of controlling the impact of risk related events on a company

B.

the process of planning the processes in order to avoid risk related events to a company

C.

the process of designing the models to avoid risk related events on a company

D.

All of the above

Questions 2

Put Option is:

Options:

A.

A procedure that grants the holder the right but not the obligations to buy the main asset at the specified market price.

B.

A strategy that grants the holder the right to sell the underlying asset at the actual price.

C.

An instrument that grants the holder the right but not the obligations to sell the underlying asset at the specified strike price.

D.

An activity that grants the holder the right to put obligations to the underlying asset at the specified strike price.

Questions 3

Schedule rating:

Options:

A.

starts with a real standard, frequently the judgmental rate, and adjusts such standard rates according to an evaluation of greater or lesser exposure to risk.

B.

starts with an assumed standard, frequently the manual rate, and adjusts such standard rates according to an evaluation of greater or lesser exposure to risk.

C.

starts with an assumed standard, frequently the class rate, and adjusts such standard rates according to an evaluation of greater or lesser exposure to risk.

D.

starts with a real standard, frequently the individual rate, and adjusts such standard rates according to an evaluation of greater or lesser exposure to risk.