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NEW QUESTION: 1
A health plan application includes a process for surgical procedure requests. Currently, there is an evaluation subprocess in which a physician reviews the diagnosis and enters the recommended procedure and its urgency. The request then advances to a medical director who analyzes the feedback and approves the appropriate procedure. The health care organization has created a new requirement, which states that three physicians can perform the evaluation independently. Only two evaluations are necessary to advance the case to the medical director.
In order to allow the three physicians to review the orders in parallel, how would you configure the process?
A. Add a Split Join shape, add a list of physicians, and call the surgical procedure request process.
B. Add a Split Join shape, add a list of physicians, and call the evaluation process.
C. Add a cascading approvals shape that is called by the evaluation subprocess.
D. Add a Split For Each shape, add a list of physicians, and call the evaluation process.
Answer: A

NEW QUESTION: 2
The typical computer fraudsters are usually persons with which of the following characteristics?
A. They hold a position of trust
B. They conspire with others
C. They have had previous contact with law enforcement
D. They deviate from the accepted norms of society
Answer: A
Explanation:
Explanation/Reference:
Explanation:
It is easy for people who are placed in position of trust to commit fraud, as they are considered to be trustworthy.
Incorrect Answers:
A: A fraudster might very well have a clean legal record. This in conjunction with a position of trust make him/her hard to detect.
B: It is most typical that a fraudster conspires with other persons as the fraudster usually acts alone.
D: A fraudster can very well follow the accepted norms of society, and this makes him/her harder to detect.
References:
http://www.justice4you.org/fraud-fraudster.php

NEW QUESTION: 3
Which of the following are true:
I. Monte Carlo estimates of VaR can be expected to be identical or very close to those obtained using analytical methods if both are based on the same parameters.
II. Non-normality of returns does not pose a problem if we use Monte Carlo simulations based upon parameters and a distribution assumed to be normal.
III. Historical VaR estimates do not require any distribution assumptions.
IV. Historical simulations by definition limit VaR estimation only to the range of possibilities that have already occurred.
A. I, II and III
B. III and IV
C. All of the above
D. I, III and IV
Answer: D
Explanation:
Explanation
Statement I is true. If a Monte Carlo simulation is based upon the same parameters as used for analytical VaR, and enough number of simulations are carried out, we would get the same results as with analytical VaR.
Statement II is false. We cannot use Monte Carlo simulations using parameters based upon a normal assumption when the underlying distribution is not normal. For example, if a return stream is based upon say a uniform distribution, we cannot use a simulation based upon drawings from a normal distribution even though we use the same mean and standard deviation.
Statement III is true. This is the advantage of historical simulations - no assumptions are necessary. (Historical simulations however often suffer from the great disadvantage of the paucity of data that would cover all possibilities.) Statement IV is true. The results of historical simulations are limited to the data they are based upon.