Which One of the Following Statements Relating to Scenario Analysis

question 39

Multiple Choice

Which one of the following statements relating to scenario analysis is incorrect?

• A)Going-concern scenario relates to 'normal' behaviour of cash flows in the ordinary course of business.
• B)Going-concern scenario relates to 'abnormal' behaviour of cash flows in the ordinary course of business.
• C)Name crisis scenario relates to the FI operating in adverse operating conditions and can fund operations for five days.
• D)All of the listed options are correct.

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Definitions:

Piaget

Refers to Jean Piaget, a Swiss psychologist known for his pioneering work in child development and his theory of cognitive development.

Sensorimotor

A developmental stage in infants and toddlers coined by Piaget that involves learning through interacting with the environment, using sensory experiences and motor actions.

Formal Operations

the final stage of cognitive development in Piaget’s theory, characterized by the ability to think abstractly, logically, and systematically.

Moral Judgments

Evaluations or decisions based on the determination of actions as right or wrong based on a set of ethics or morality.