TERMIUM Plus®

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WORST-CASE SCENARIO [3 records]

Record 1 2024-07-31

English

Subject field(s)
  • Auditing (Accounting)
CONT

Even if no exceptions were found in a sample size of 100, the auditor must still conclude that there is a 5% risk that more than 3. 0% of the dollars in the population contain exceptions. The first layer represents a basic allowance for sampling risk that will decrease as the sample size increases. Because nothing is known about these potential misstatements, the conservative approach is to assume a worst-case scenario(100% misstatement), which translates into a $9, 000 estimated misstatement for this layer(3. 0% of $300, 000).

French

Domaine(s)
  • Vérification (Comptabilité)

Spanish

Save record 1

Record 2 2006-03-16

English

Subject field(s)
  • Environmental Studies and Analyses
  • General Scientific and Technical Vocabulary
CONT

... the proponents claimed to have adequately explored "worst case scenarios" in their slick modelling ...

CONT

Both the industry and the government have appointed task forces to head off such a worst-case scenario.

French

Domaine(s)
  • Études et analyses environnementales
  • Vocabulaire technique et scientifique général
OBS

Pluriel : des scénarios.

OBS

scénarios (pl.) : Cette graphie, puisée des Rectifications de l'orthographe recommandées par le Conseil supérieur de la langue française, est attestée dans le Petit Robert (2006).

Spanish

Campo(s) temático(s)
  • Estudios y análisis del medio ambiente
  • Vocabulario técnico y científico general
Save record 2

Record 3 1996-07-04

English

Subject field(s)
  • Investment
  • Accounting
OBS

Valuations of derivative positions are based on theoretical models. Based on these models, firms can project their exposures on individual swaps and assume a random likelihood of default, then come up with a rule of thumb for capital allocation to cover average replacement costs. Frequently, banks will also look at a worst-case scenario. Firms constantly test their models and modify them accordingly. Models used to calculate exposures aren’t consistent in quality and depend on historical records of volatility.

French

Domaine(s)
  • Investissements et placements
  • Comptabilité
OBS

L'évaluation de la qualité des produits dérivés en portefeuille se fonde sur des modèles théoriques. Les modèles de calcul des risques ne sont pas tous de la même qualité et leur fiabilité dépend des données historiques recueillies sur la volatilité. En outre, il existe toujours un risque que le présent ne concorde pas avec le passé.

Spanish

Save record 3

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