ARM 400: Risk in an Evolving World Exam |
Questions with 100% Correct Answers | Verified |
Latest Update 2026/2027
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Practice questions for this set
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The amount of capital required by an organization to ensure solvency at a
given probability level, such as 99 percent, based on the fair value of its assets
minus the fair value of its liabilities.
Choose an answer
1 Big Data 2 Likelihood
3 Economic capital 4 Blockchain
Don't know?
Terms in this set (66)
, Big Data Sets of data that are too large to be gathered and
analyzed by traditional methods.
Smart product An innovative item that uses sensors; wireless
sensor networks; and data collection, transmission,
and analysis to further enable the item to be faster,
more useful, or otherwise improved.
Internet of Things (IoT) A network of objects that transmit data to and from
each other without human interaction.
Cloud computing Information, technology, and storage services
contractually provided from remote locations,
through the internet or another network, without a
direct server connection.
Blockchain A distributed digital ledger that facilitates secure
transactions without the need for a third party.
Telematics The use of technological devices in vehicles with
wireless communication and GPS tracking that
transmit data to businesses or government
agencies; some return information for the driver.
Text mining Obtaining information through language
recognition.
Risk appetite Amount of risk an organization is willing to take on
in order to achieve an anticipated result or return.
Value at risk (VaR) A technique to quantify financial risk by measuring
the likelihood of losing more than a specific dollar
amount over a specific period of time.
Questions with 100% Correct Answers | Verified |
Latest Update 2026/2027
Save
Practice questions for this set
Learn 1 /7 Study using Learn
The amount of capital required by an organization to ensure solvency at a
given probability level, such as 99 percent, based on the fair value of its assets
minus the fair value of its liabilities.
Choose an answer
1 Big Data 2 Likelihood
3 Economic capital 4 Blockchain
Don't know?
Terms in this set (66)
, Big Data Sets of data that are too large to be gathered and
analyzed by traditional methods.
Smart product An innovative item that uses sensors; wireless
sensor networks; and data collection, transmission,
and analysis to further enable the item to be faster,
more useful, or otherwise improved.
Internet of Things (IoT) A network of objects that transmit data to and from
each other without human interaction.
Cloud computing Information, technology, and storage services
contractually provided from remote locations,
through the internet or another network, without a
direct server connection.
Blockchain A distributed digital ledger that facilitates secure
transactions without the need for a third party.
Telematics The use of technological devices in vehicles with
wireless communication and GPS tracking that
transmit data to businesses or government
agencies; some return information for the driver.
Text mining Obtaining information through language
recognition.
Risk appetite Amount of risk an organization is willing to take on
in order to achieve an anticipated result or return.
Value at risk (VaR) A technique to quantify financial risk by measuring
the likelihood of losing more than a specific dollar
amount over a specific period of time.
