Question: 3. The Probability and Impact Rating System (PAIRS): Select one: a. determines the response APRA should make to the outcomes of PAIRS ratings. b. determines
3.
The Probability and Impact Rating System (PAIRS):
Select one:
a.
determines the response APRA should make to the outcomes of PAIRS ratings.
b.
determines the response APRA should make to the outcomes of financial crisis.
c.
assesses the probability that a regulated institution will fail and the effect such a failure would have on the financial system.
d.
determines the response APRA should make to the outcomes of bank failures.
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