vu fin625 Mid Term - Quiz No.1
vu fin625 Credit & Risk Management Quiz
This quiz belongs to book/course code vu fin625 Credit & Risk Management of vu organization. We have 32 quizzes available related to the book/course Credit & Risk Management. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Mid Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 2: Which of the following is the process of assessing risks and taking steps to either eliminate or to reduce them (as far as is reasonably practicable) by introducing control measures?
Strategic management
Operations management
Risk management
Credit management
Question 3: Which of the following components is NOT associated to financial risks?
Profitability
Capital expenditure
Liquidity
People management
Question 4: The organizational structure of risk analysis is usually based on a five-level organizational model. Which of the following is NOT a level in this model?
Division manager
Associates
Group leader
Specialists
Question 5: Which of the following concern the amount of surplus capital of insurance companies included in the capital of the consolidated group?
Qualitative disclosures
Quantitative disclosures
Incidental disclosures
Accidental disclosures
Question 6: Which of the following statements is TRUE for risk?
It is a venture undertaken without regard to possible loss or injury
It is the state of being certain that adverse effects will not be caused
It is conformance to the degree of excellence of a product or service
It is the perfect knowledge that has complete security from errors
Question 7: Which of the following is a statistical method of assessing the credit risk of a loan applicant?
Identity score
Ipsative score
Standard score
Credit score
Question 8: Which of the following is the first step in the risk management process?
Select the appropriate techniques for handling losses
Identify potential losses
Implement and administer the program
Evaluate potential losses
Question 9: Which of the following describes the power to incur direct loan obligations or to make loan guarantee commitments?
Credit report
Credit authority
Credit score
Credit repair
Question 10: Which of the following institutions supplies information to each creditor but does not give or deny credit?
The Treasury Bureau
The Credit Bureau
Bureau of Administration
Bureau of Diplomatic Security
