Which of the Following Statements Is True

question 46

Multiple Choice

Which of the following statements is true?

• A)PAIRS is the basis of APRA's risk-based approach to supervision.
• B)PAIRS is an internal rating system for scoring each entity in the regulated population of insurance and superannuation entities.
• C)Due to PAIRS, APRA's supervision can be tailored to the risk profile of an individual entity.
• D)All of the listed options are correct.

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Definitions:

Worthiness

The quality of being good enough; the quality of deserving attention, time, or effort.

Effectiveness

The degree to which something is successful in producing a desired result or outcome, often measured by comparing outputs against intended goals.

Training Evaluations

The process of assessing the effectiveness of training programs and initiatives to ensure they meet their objectives and contribute to performance improvement.

Return On Investment (ROI)

A calculation used to assess the efficiency of an investment, including training, by comparing the benefit received to the cost.