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NEW QUESTION: 1
Initially, back-office operation were created as captives of parent companies and treated as cost centers from cost centers to profit centers due to:
A. Corporation are increasingly converting captive back-office operations into profit centers by accepting external clients
B. Stagnant position of service activities being outsourced.
C. Both A&B
D. The emergence of third-party back-office facilities making it possible for corporation to avail of their services
Answer: C
NEW QUESTION: 2
A volume with a single LUN shows 30% deduplication savings. However, the output of df on the cluster does not show the 30% savings back to the volume or aggregate.
What is causing this behavior?
A. Volume space guarantee is set to none.
B. Volume space guarantee is set to volume.
C. LUN space reserve is enabled.
D. LUN space reserve is disabled.
Answer: A
NEW QUESTION: 3
A warrant differs from a standard call option in that:
A. when a call option is exercised, the outstanding shares of the firm whose stock is being purchased increases; this does not occur when a warrant is exercised.
B. when a warrant is exercised, the firm whose stock is being purchased will have an increase in cash; this is not the case when a standard call option is exercised.
C. a standard call option generally has a longer period to expiration than a warrant.
D. a warrant gives the holder the right to sell shares of the underlying stock; a call option gives the holder the right to buy shares of the underlying stock.
Answer: B
Explanation:
Explanation/Reference:
Explanation: A warrant differs from a standard call option in that when a warrant is exercised, the firm whose stock is being purchased will have an increase in cash; this is not the case when a standard call option is exercised. Both the warrant and the call option give the holder the right to purchase shares of a firm's stock, but the writer (seller) of a warrant is the firm itself whereas the writer of a standard call option is simply another investor. Upon exercising a warrant, the investor buys the stock from the firm itself, which increases the firm's cash account. When a call option is exercised, another investor's cash account is increased. For the same reason, when a call option is exercised, nothing happens to the outstanding shares of the firm; but when a warrant is exercised, the firm's outstanding shares will increase.
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