面对FRM二级的试题时，需要明晰知识点的相关概念。FRM二级中计算题没有一级多，考察实际应用较多，因此考生们必须要熟悉相关的知识点的运用。高顿网校FRM小编搜集了一些常见易错题，供考生们参考。
　　1.A risk analyst in a fund of funds is gauging the liquidity risk exposure of a hedge fund by examining the autocorrelation in the fund's returns. If found, a significant first-order autocorrelation coefficient of 0.5 for the monthly historical returns can be seen as an indicator of all of the following except:
　　A. High market frictions.
　　B. Historical return smoothing.
　　C. Engaging in a managed futures strategy.
　　D. Investments in the equity of non-public firms.
　　2.Under the Basel II Capital Accord, the standardized approach to credit risk requires that loans considered past due be risk weighted at:
　　A. 100%
　　B. 200%
　　C. 150%
　　D. 80%
　　3.MainBank is a bank holding company with two subsidiaries, ElmBank and OakBank. ElmBank is an internationally active bank. OakBank is also an intemationally active bank, and OakBank has an insurance subsidiary. The application ofthe Basel II framework in tbis situation should be to:
　　I. ElmBank on a standalone basis.
　　II. MainBank on a consolidated basis.
　　III. OakBank's insurance subsidiary on a standalone basis.
　　IV. Oak Bank without consolidating the insurance subsidiary.
　　A. I and III only
　　B. I and II only
　　C. III only
　　D. I, II, III and IV
　　Answer:
　　1.C
　　Autocorrelation (自相关): 残差项之间存在correlation,市场越有效, 自相关发生的可能性越小。
　　2.C
　　Under the Basel II Accord, loans considered past due are risk weighted at 150% to reflect their
　　greater risk profile.
　　3.B
　　Related businesses such as insurance should be consolidated. The Accord calls on supervisors to look at not only the holding company, but also at each individual banking subsidiary to assure that the depositors of those subsidiaries are adequately protected by capital.