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Exit VCEDump 2016-FRR Financial Risk and Regulation (FRR) Series

Q21 Single choice

Which one of the four following statements regarding minimum loss data standards is not correct?

A
The loss data entry must include the actual loss amount.
B
The loss data program must comprehensively capture all material activities.
C
The loss data entry should only include the date when the event was reported.
D
The loss data entry may include descriptive information about the drivers or causes of the loss event.

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2016-FRR Web TestEngine demo