A question about Structured Monte Carlo and Worst Case Scenario's testability

[sparty]

Hi David,

Can you shed some light on how GARP may test SMC and WCS analysis in the FRM/L1? I'm having a hard time imagining how these concepts could be tested in a multiple choice exam. Also, if you can direct me to practice questions or other forum threads re: this topic, that would be great. Thanks in advance!