PAIRS Provides APRA with a Score-Card Approach to Assessing the Risk

question 43

True/False

PAIRS provides APRA with a score-card approach to assessing the risk of FI failure and the impact of any failure by detailing the 12 risk elements separately and disclosing the result to the FI being investigated.

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Definitions:

Primary School

The first stage of formal education, typically for children from about five to eleven years old.

James Marcia's Identity Statuses

A framework identifying four stages of psychological identity development: achievement, moratorium, foreclosure, and diffusion.

Active Exploration

The energetic engagement and investigation of the environment or concepts to learn and understand new information or skills.

Moratorium

An identity status that characterizes those who are actively exploring alternatives in an attempt to form an identity.