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71401X

Exam Code: 71401X

Exam Name: Avaya Meetings Server Implement Certified Exam

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
An operational loss severity distribution is estimated using 4 data points from a scenario. The management institutes additional controls to reduce the severity of the loss if the risk is realized, and as a result the estimated losses from a 1-in-10-year losses are halved. The 1-in-100 loss estimate however remains the same.
What would be the impact on the 99.9th percentile capital required for this risk as a result of the improvement in controls?
A. The capital required will increase
B. The capital required will stay the same
C. The capital required will decrease
D. Can't say based on the information provided
Answer: A
Explanation:
Explanation
This situation represents one of the paradoxes in estimating severity that one needs to be aware of - the improvement in controls reduces the weight of the body/middle of the distribution and moves it towards the tails (as the total probability under the curve must stay at 100%) and the distribution becomes more heavy tailed. As a result, the 99.9th percentile loss actually increases. instead of decreasing, creating a counterintuitive result. Therefore the correct answer is that the capital required will increase.
If scenario analysis produces such a result, the analyst must question if the 1 in 100 year loss severity is still accurate. If the new control has reduced the severity in the body of the distribution, the question as to why the more extreme losses have not changed should be raised.

NEW QUESTION: 2
Which employment actions can a Line Manager perform through the Smart Navigation icon within the Directory search results, organization chart, or while viewing the public spotlight page of their direct reports?
A. Promote, Suspend, Terminate, Location change, Manager change, and Add Additional Assignment.
B. Promote, Transfer, Terminate, Location change, Manager change, and Add Additional Assignment.
C. Promote, Transfer, Terminate, Location change, Create Work Relationship, and Add Additional Assignment.
D. Promote, Transfer, Terminate, Location change, Manager change, and Working Hours change.
Answer: C

NEW QUESTION: 3
Your client would like to allow candidates the ability to delete their own attachments when making updates to their profile so that their stored resume is the most current. What action would you take in order to accomplish this?
A. Deactivate the career section and then edit the Career Sections Properties.
B. Dissociate the Theme Properties.
C. Dissociate the Application Flow from the Career Section and Edit the Attachment Block.
D. Insert text instructing the candidate to access My Account Options to delete the attachment.
Answer: C

NEW QUESTION: 4
PTA stands for
A. Preferential Transportation Assembly
B. Parent Teacher Association
C. Preferential Trading Area
D. Payment Trade Ambit
Answer: C

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