easy · FRM Part 2 Operational Risk

A material change to a model is most likely to be triggered by which event?

  1. Changing the underlying mathematical engine or a key theoretical assumption
  2. Changing the font size or color scheme used on the model's output report.
  3. Updating the model's input data with the most recent month's historical prices
  4. Relocating the model's deployment from one production server to another identical server

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