Use test definition
Use test means that the IRB approach is an integral part of the overall governance, including the risk management system, of the liable entity and plays an important role in it. The liable entity must be able to demonstrate in the context of the use test that the use of the IRB Approach is not limited to regulatory purposes and the utilisation of the individual elements of the IRB Approach in the decision-making and managerial processes of the liable entity provides enough automatic internal motives for constantly maintaining the IRB Approach sufficiently accurate, up-to-date and reliable. The liable entity shall explain whether the elements of the IRB Approach are used in its processes fully and directly or partly and in an adjusted manner.
Examples of Use test in a sentence
Use test aerosol particles in test ▇▇▇▇▇▇▇▇, to develop traceable methods for the calibration of optical and aerodynamic particle size spectrometers to determine mass and number concentration, as well as size distribution.