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Pass CGM-001 Exam Cram

Exam Code: CGM-001

Exam Name: Certified General Manager (CGM)

Version: V15.35

Q & A: 208 Questions and Answers

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Which of the following is true for the actuarial approach to credit risk modeling (CreditRisk+):
A. Default correlations between obligors are accounted for using a multivariate normal model
B. The approach is based upon historical rating transition matrices
C. The approach considers only default risk, and ignores the risk to portfolio value from credit downgrades
D. The number of defaults is modeled using a binomial distribution where the number of defaults are considered discrete events
Answer: C
The actuarial model considers defaults to follow a Poisson distribution with a given mean per period, and these are binary in nature, ie a default happens or it does not happen. The model does not consider the loss of value from credit downgrades, and focuses only on defaults. The model also does not consider default correlations between obligors. Therefore Choice 'c' is the correct answer.
The other choices are not true statements that would apply to the actuarial approach.

You are designing an outdoor mesh network to cover several sports fields. The core of the network is located in a building at the entrance of a sports complex.
Which type of antenna do you use with the RAP for backhaul connectivity?
A. a 2.4 GHz, 14-dBi omnidirectional antenna
B. a 5 GHz, 14-dBi patch antenna
C. a 5 GHz, 8-dBi omnidirectional antenna
D. a 2.4 GHz, 8-dBi patch antenna
Answer: C
The AP1524PS includes three radios: a 2.4 -GHz, a 5.8- GHz, and a 4.9-GHz radio. The
2.4-GHz radio is for client access (non- public safety traffic) and the 4.9-GHz radio is for public safety client access traffic only. The 5.8-GHz radio can be used as the backhaul for both public safety and non-public safety traffic. guide/b_cg76/b_cg76_chapter_010000001.html

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