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Exam Code: C-PO-7517

Exam Name: SAP Certified Technology Associate - SAP Process Orchestration

Certification Provider: SAP

Related Certification: SAP Certified Technology Associate - SAP Process Orchestration

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NEW QUESTION: 1
If the daily 90% confidence level VaR of a portfolio is correctly estimated to be USD 5,000.00, one would expect that:
A. in 1 out of 90 days, the portfolio value will decline by USD 5,000.00 or less.
B. in 1 out of 10 days, the portfolio value will decline by USD 5,000.00 or less.
C. in 1 out of 10 days, the portfolio value will decline by USD 5,000.00 or more.
D. in 1 out of 90 days, the portfolio value will decline by USD 5,000.00 or more.
Answer: C


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