Which of the Following Is True

question 65

Multiple Choice

Which of the following is true?

• A)PAIRS provides APRA with a score-card approach to assessing the risk of FI failure and the impact of any failure.
• B)PAIRS provides APRA with a single rating which incorporates both the probability that the FI will fail and the impact of any failure.
• C)PAIRS provides APRA with a rating that assesses the risk of FI failure.
• D)PAIRS provides APRA with an impact factor that determines what regulatory response needs to be implemented to prevent FI failure.

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Definitions:

American Public

The collective individuals, or the society, of the United States, often referenced in discussions about public opinion, culture, or national identity.

Truman

The 33rd President of the United States, Harry S. Truman, who served from 1945 to 1953, known for implementing the Marshall Plan to rebuild the economy of Western Europe, and for leading the country during the early stages of the Cold War.

United Nations Security Council

One of the six principal organs of the United Nations, charged with ensuring international peace and security, accepting new members, and approving any changes to its charter.

Allied Powers

A coalition of countries, typically referring to those that opposed the Axis Powers during World War II, including the United States, the United Kingdom, the Soviet Union, and others.