在FRM沖刺階段，回顧錯題是必須?？忌鷤兺ㄟ^回顧錯題，就能發(fā)現(xiàn)自己錯誤的解題思路，從而改正，在之后的考試中就不會再犯。高頓網(wǎng)校FRM小編整理了學(xué)員們在模擬題中的易錯題，供考生們參考。
　　1.The difference between bottom-up methods for measuring operational risk and top-down methods for measuring operational risk is that bottom-up methods focus on:
　　A. quantitative rather than qualitative measures of risk.
　　B. loss indicators rather than just loss causes.
　　C. qualitative rather than quantitative measures of risk.
　　D. loss causes rather than just loss indicators.
　　2.Which of the following is an example of an arbitrage opportunity?
　　A. A stock with the same price as another has a higher rate of return.
　　B. A portfolio of two securities that will produce a certain return that is greater than the risk-free rate of interest.
　　C. A stock with the same price as another has a higher expected rate of return.
　　D. A put option on a share of stock has the same price as a call option on an identical share.
　　3.The major risk involved with commodity spot transactions that is divided into two areas (ordinary and extraordinary) is:
　　A. Price risk.
　　B. Delivery risk.
　　C. Transportation risk.
　　D. Credit risk.
　　Answer:
　　1.D
　　The bottom-up difference is that the focus is on loss causes rather than just loss indicators. Bottom-up operational risk measures may be either quantitative or qualitative.
　　2.B
　　An arbitrage opportunity exists when a combination of two securities will produce a certain payoff in the future that produces a return that is greater than the risk-free rate of interest. Borrowing at the riskless rate to purchase the position will produce a certain future amount greater than the amount required to repay the loan.
　　3.C
　　Transportation risk is divided into two areas: ordinary (e.g., deterioration, spoilage, accident) and extraordinary (e.g., acts of God, wars, riots, strikes). For example, transportation risk could result from ships lost at sea or train cars overturned.