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Which of the Following Is True

Question 59

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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