What is the most accurate statement regarding stress test modelling?

Stress scenario assumption differences from one country to another are less important for a credit card or a mortgage business than for a lending portfolio to oil and gas majors.

Capital is a major area for stress testing and largely relies upon balance sheet, income statement and risk-weighted assets stress projections.

For most banks, models on revenues and profit and loss tend to be more advanced than credit or market risk stress models.

Bottom-up micro models are mostly used to assess the effect of stress on the wider banking system, as opposed to an individual bank institution.