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NEW QUESTION: 1
The Operative Indicator, Account Assignment Element is used when you want to plan costs
for WBS elements.
Please choose the correct answer.
Response:
A. False
B. True
Answer: A
NEW QUESTION: 2
All the following statements concerning ownership of property in the form of a joint tenancy with right of survivorship are correct EXCEPT:
A. All joint tenants must have equal interests in the property.
B. Either real property or personal property may be the subject of this type of ownership.
C. Upon the death of a joint tenant, his interest in the property passes to his estate or heirs.
D. Joint tenants need not be related either by blood or marriage.
Answer: C
NEW QUESTION: 3
Which of the following methods of measuring transaction exposure to exchange rate risk uses standard
deviation, coefficient of correlation and other formal statistical techniques?
I. Measurement of currency variability.
II. Measurement of currency correlations.
A. Both I and II.
B. I only.
C. II only.
D. Neither I and II.
Answer: A
Explanation:
Choice "c" is correct. The currency variability approach uses standard deviations as a means of predicting
future exchange rates while the currency correlation approach is often applied to circumstances involving
multiple currencies and evaluates exposure in relation to the statistically computed degree of correlation
between the movements of different currencies. Choices "a", "b", and "d" are incorrect, per above
Explanation: .
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