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As Compared to the BIS Standardized Framework Model for Measuring

question 54

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As compared to the BIS standardized framework model for measuring market risk, the internal models allowed by the large banks are subject to audit by the regulators.


Definitions:

Conjunction

In linguistics, a term employed to link clauses or sentences together, or to arrange words within a single clause.

Disjuncts

Components in a logical expression that are combined with an OR operator, where the expression is true if at least one of the disjuncts is true.

Disjunction

An operation in logic that returns true when a minimum of one input is true.

Tautologies

Statements that are true under any possible valuation of their components in logic.

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