Which of the Following Is Part of the Supervisory Activities

question 46

Multiple Choice

Which of the following is part of the supervisory activities of APRA?

• A) Prudential review is the most important as it provides a detailed assessment of a FIs inherent risks and the adequacy of its risk management controls.
• B) Licensing is the last stage of APRA's supervision which ensures that only FIs that have the capacity to successfully operate can operate the market.
• C) Enforcement supervision is not part of APRA supervisory activity as it would involve enforcement teams to specifically intervene in the running of the FI.
• D) Entity financial analysis is the FIs own assessment of its financial position.

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Definitions:

Inter-rater

A measure of agreement among different people rating or assessing the same thing, ensuring consistency in evaluations across different observers.

Test-retest Reliability

The consistency of a psychological test or assessment over time when given to the same individuals.

Internal Consistency

A measure of the reliability of a psychological test or survey, indicating how well the items on the test measure the same construct or concept.

Alternate Form

A variation of something that exists in a different version or form, often used to maintain interest or provide options.