00M-624 Question 24
A recent International Data Corporation (IDC) Worldwatch study revealed that an average $500 million corporation is subject to at least 35 40 regulatory mandates. GRC solutions assist with managing regulatory mandates in a central library for automation and reporting.
Which regulations below would a financial institution not be responsible for adhering to?
A. Basel II
B. Solvency II
C. Sarbanes-Oxley
D. Carbon Reduction Commitment
Answer: D
Friday, July 19, 2013
00M-624 Question 23
00M-624 Question 23
Which one of the following capabilities is NOT necessary for a fully scalable integrated risk and compliance management solution?
A. Document management and workflow
B. Issue remediation, integrated dashboards and dimensional reporting
C. Disparate systems and reporting
D. Surveys, assessments and key metrics
Answer: C
Which one of the following capabilities is NOT necessary for a fully scalable integrated risk and compliance management solution?
A. Document management and workflow
B. Issue remediation, integrated dashboards and dimensional reporting
C. Disparate systems and reporting
D. Surveys, assessments and key metrics
Answer: C
00M-624 Question 22
00M-624 Question 22
What does the IBM OpenPages GRC Platform allows organizations to do?
A. Manage a predictive analytics framework to report to multiple regulators.
B. Manage XBRL content for Solvency II Pillar 3 requirements.
C. Manage risk and compliance across multiple regulations, including Basel II and Solvency II.
D. Manage risk and compliance across multiple regulations, excluding Basel II and Solvency II.
Answer: C
Reference: http://www-01.ibm.com/software/analytics/openpages/ (second bullet)
What does the IBM OpenPages GRC Platform allows organizations to do?
A. Manage a predictive analytics framework to report to multiple regulators.
B. Manage XBRL content for Solvency II Pillar 3 requirements.
C. Manage risk and compliance across multiple regulations, including Basel II and Solvency II.
D. Manage risk and compliance across multiple regulations, excluding Basel II and Solvency II.
Answer: C
Reference: http://www-01.ibm.com/software/analytics/openpages/ (second bullet)
00M-624 Question 21
00M-624 Question 21
Convergence is the key to maximizing an organization’s governance efforts in today’s high profile regulated industries.
What are 4 steps towards effective risk and compliance management?
A. Manual, operationalize, identification, reporting
B. Recognize, harmonize, synchronize, rationalize
C. De-synchronize, transparency, harmonize, visibility
D. Decrease agility, decrease visibility, flexibility, and configurability
Answer: B
Convergence is the key to maximizing an organization’s governance efforts in today’s high profile regulated industries.
What are 4 steps towards effective risk and compliance management?
A. Manual, operationalize, identification, reporting
B. Recognize, harmonize, synchronize, rationalize
C. De-synchronize, transparency, harmonize, visibility
D. Decrease agility, decrease visibility, flexibility, and configurability
Answer: B
00M-624 Question 20
00M-624 Question 20
There are many competitive differentiators with IBM OpenPages Governance, Risk and Compliance solutions.
Which option is not a competitive differentiator?
A. Fully integrated risk management platform
B. Flexible, patented metadata-driven object model
C. Extensive business intelligence and reporting dashboards
D. Non-configurable object model and reporting engine
Answer: C
There are many competitive differentiators with IBM OpenPages Governance, Risk and Compliance solutions.
Which option is not a competitive differentiator?
A. Fully integrated risk management platform
B. Flexible, patented metadata-driven object model
C. Extensive business intelligence and reporting dashboards
D. Non-configurable object model and reporting engine
Answer: C
00M-624 Question 19
00M-624 Question 19
Which indicator should alert you to an OpenPages GRC opportunity?
A. Collaborate and automated systems defined by line of business managers
B. Robust reporting and non-redundant risk and controls data collection
C. Integrated, inexpensive approaches to data collection
D. Line of business managers lack risk data and reporting intelligence to evaluate risk exposure
Answer: D
Which indicator should alert you to an OpenPages GRC opportunity?
A. Collaborate and automated systems defined by line of business managers
B. Robust reporting and non-redundant risk and controls data collection
C. Integrated, inexpensive approaches to data collection
D. Line of business managers lack risk data and reporting intelligence to evaluate risk exposure
Answer: D
Subscribe to:
Posts (Atom)