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NEW QUESTION: 1
The price of an interest rate cap is determined by:
I. The period to which the cap relates
II. Volatility of the underlying interest rate
III. The exercise or the strike rate
IV. The risk free rate
A. I, II and III
B. II, III and IV
C. I, II and IV
D. I, II, III and IV
Answer: A
Explanation:
Explanation
The price of an interest rate cap is affected by all of the listed choices except the risk free rate. The risk free rate does not come into play in the pricing of caps, and therefore Choice 'b' is the correct answer.

NEW QUESTION: 2
Everyone needs read access to inventory documents. Only the Inventory Managers group should be able to create inventory documents. The Warehouse group must be able to edit these documents. How should Claude configure the security?
A. Do not use a Readers field. On the Security tab of the Form properties, deselect "All authors and above" under "Who can create documents with this form", and select "Inventory Managers". Add an "InventoryEditor" role to the ACL. Associate the role with the Inventory Managers group and the Warehouse group. Add a computed Authors field to the form, with the formula: "[InventoryEditor]".
B. Add a computed Readers field to the form, with the formula "*". Add a computed Authors field to the form, with the formula "Inventory Managers":"Warehouse". Open the ACL and deselect the "Create documents" option for the Warehouse group.
C. Set Default read access to "All readers and above" on the Security tab of the Form properties. Add a computed Authors field to the form, with the formula "Inventory Manager". Add a computed Editors field to the form, with the formula "Warehouse".
D. Add a computed Readers field, with the formula "Default". On the Security tab of the Form properties, deselect "All authors and above" under "Who can create documents with this form", and select "Inventory Managers". Add an "InvEditor" role to the ACL, associating the role with the Inventory Managers group and the Warehouse group. Add a computed Authors field to the form, with the formula: "InvEditor".
Answer: A

NEW QUESTION: 3
Which two statements are true about the Default Currency setting on the Company Profile page?
A. It determines the currency for all data imported Into CRM on Demand.
B. It allows you to set the conversion rate for all monetary fields in the application.
C. It sets the default currency for all reports and analyses.
D. It determines the currency for displaying forecast totals.
E. It removes the ability of users to specify a different currency in their user profile.
Answer: C,D
Explanation:
A: By default, the forecast will be displayed in your native currency (the default currency selected on your user profile or your company's default currency). The default currency is used as a default for your users. You can activate additional currencies so that users can change the setting for their own use (see Managing Currencies). However, the currency set here determines the default currency used for forecasts, which are company-wide.
D: To allow users to conduct and track business in any currency, you need to activate those currencies. Otherwise, the default currency set up for the company is the only option. If your employees record transactions in other currencies, you also need to set up exchange rates between those currencies and your company's default currency. The application uses the exchange rates when rolling up revenue for reports and forecasting.
Reference: Oracle CRM On Demand Online Help,Managing Currencies

NEW QUESTION: 4
Which one of the following actions will not help to ensure the fair treatment of brokerage firm clients when a new investment recommendation is made?
A. Limit the number of people in the firm who are aware in advance that a recommendation is to be disseminated.
B. Monitor the trading activities of firm personnel.
C. Minimize elapsed time between the decision and the dissemination of a recommendation.
D. Distribute recommendations to institutional clients prior to individual accounts.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
This question deals with Standard IV (B.3), Fair Dealing. All the procedures listed will help members treat clients fairly, except distributing recommendations to institutional clients prior to individual accounts. This practice discriminates among clients based on size and class of assets and is a violation of Standard IV (B.3).

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