IASSC Exam ICYB Topic 7 Question 55 Discussion

Actual exam question for IASSC's ICYB exam

Question #: 55
Topic #: 7

[All ICYB Questions]

The following Business Case is constructed properly.

''During 2009 the commercial loan division experienced a 2.7% default rate versus a target of less than .5%. This costs the bank in excess of $250,000 quarterly.''

ATrue

BFalse

Show Suggested Answer

Suggested Answer: A

by Albina at Oct 22, 2023, 09:15 AM

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Hubert

2 days ago

I disagree, the default rate is within an acceptable range.

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Lewis

4 days ago

Wait, a 2.7% default rate versus a target of less than 0.5%? That's way off the mark. Definitely False.

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Susy

4 days ago

I agree with Golda, the default rate is way above the target.

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Pura

10 days ago

Hmm, this seems like a pretty straightforward case. The numbers and financial impact are clearly laid out. I'd say it's a True statement.

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Golda

10 days ago

I think the Business Case is constructed properly.

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