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NEW QUESTION: 1
A risk owner has identified a risk with high impact and very low likelihood. The potential loss is covered by insurance. Which of the following should the risk practitioner do NEXT?
A. Update the risk register.
B. Validate the risk response with internal audit.
C. Recommend avoiding the risk.
D. Evaluate outsourcing the process.
Answer: A
NEW QUESTION: 2
What are the 5 majors authorisation objects used to protect which transaction codes a user can access and for which product are they meant to be?
A. S_TCODE
B. Q_TCODE
C. E_TCODE
D. I_TCODE
Answer: A,B,D
NEW QUESTION: 3
You want to define your own rules for converting a rate value from one periodicity to another, such as from weekly to annual.
How can you achieve this?
A. Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.
B. Define your own Periodicity Conversion Rule and select it while creating the element.
C. Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.
D. You cannot define your own rules for converting from one periodicity to another.
Answer: A