NO.PZ2016070202000003
问题如下:
Which of the following procedures is essential in validating the VAR estimates?
选项:
A.
Stress-testing
B.
Scenario analysis
C.
Backtesting
D.
Once approved by regulators, no further validation is required.
解释:
VAR estimates need to be compared to actual P&L results to be validated, which is called backtesting.
如题。。。。。。。。