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NEW QUESTION: 1
What is a difference between currency swaps and interest rate swaps?
A. Currency swaps allow banks and customers to obtain the risk/reward profile of long-term interest rates
without having to use long-term funding.
B. Currency swaps generate foreign exchange rate risk in addition to interest rate risk.
C. Currency swaps do not require the exchange of notional principal on maturity.
D. Currency swaps are OTC derivative contracts.
Answer: B
NEW QUESTION: 2
Which concept represents the time between the completion of two discrete units of production in Microsoft Dynamics AX 2012?
A. cycle
B. Value Stream
C. production flow
D. takt
Answer: A
Explanation:
In industrial engineering, the time between completion of two discrete units of
production.
http://www.sapartners.com/lean-glossary/
NEW QUESTION: 3
Which of the following would an IS auditor consider a weakness when performing an audit of an organization that uses a public key infrastructure with digital certificates for its business-to-consumer transactions via the internet?
A. The certificate authority has several data processing subcenters to administer certificates.
B. Customers can make their transactions from any computer or mobile device.
C. Customers are widely dispersed geographically, but the certificate authorities are not.
D. The organization is the owner of the certificate authority.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
If the certificate authority belongs to the same organization, this would generate a conflict of interest. That is, if a customer wanted to repudiate a transaction, they could allege that because of the shared interests, an unlawful agreement exists between the parties generating the certificates, if a customer wanted to repudiate a transaction, they could argue that there exists a bribery between the parties to generate the certificates, as shared interests exist. The other options are not weaknesses.
NEW QUESTION: 4
A. Option A
B. Option D
C. Option C
D. Option B
Answer: B
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