QUESTION 7 The risk weights in the calculation of RWA A. has evolved with each iteration of Basel. B. are all the same in Basel I. OC. are more risk sensitive in Basel I than in Basel II and III. D. are entirely the decision of the bank in the standardized approach in Basel II and III. E. are dependent on credit rating agencies' opinion in the standardized approach in Basel II and III. QUESTION 8 Which of the following statements is CORRECT? A. At any time, a bank can reclassify an investment security to become an available-for-sale security. OB. At any time, a bank can reclassify an available-for-sale security to become an investment/held-to-maturity security. C. Securities can only be reclassified during exceptional events such as the GFC. D. If allowed, it would be advantageous for banks to reclassify a trading security to held-to-maturity security during a period of rising prices. E. None of the above statements are correct