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Exam Code: CFE Dumps

Questions and Answers: 104

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NEW QUESTION: 1
In a Fibre Channel SAN, which protocol implementation is used?
A. FC over SCSI
B. FC over iSCSI
C. FC over Serial Attached SCSI
D. SCSI over FC
Answer: D

NEW QUESTION: 2
Sarah is twice as old as her youngest brother. If the difference between their ages is 15 years. How old is her youngest brother?
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
When building a operational loss distribution by combining a loss frequency distribution and a loss severity distribution, it is assumed that:
I. The severity of losses is conditional upon the number of loss events II. The frequency of losses is independent from the severity of the losses III. Both the frequency and severity of loss events are dependent upon the state of internal controls in the bank
A. I and II
B. II and III
C. I, II and III
D. II
Answer: D
Explanation:
Explanation
When a operational loss frequency distribution (which, for example, may be based upon a Poisson distribution) and a loss severity distribution (for example, based upon a lognormal distribution), it is assumed that the frequency of losses and the severity of the losses are completely independent and do not impact each other. Therefore statement II is correct, and the others are not valid assumptions underlying the operational loss distribution.


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