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NEW QUESTION: 1

A. Option D
B. Option C
C. Option B
D. Option A
Answer: A,C

NEW QUESTION: 2
A bank wants to use STIR futures for establishing a macro hedge for the asset portfolio. Which of the following statements is correct?
A. It is reasonable for the bank to sell futures contracts if it expects interest rates to fall
B. Losses (or gains) in the value of the cash position can be largely offset by gains (or losses) in the value of the futures position
C. It is reasonable for the bank to take a long position in anticipation of rising rates.
D. It is reasonable for the bank to purchase futures contracts if they expect interest rates to rise.
Answer: B

NEW QUESTION: 3
Which TWO of the following tasks is associated with a Finance Department's Management Accounting section?
A. Dealing with tax administration
B. Verifying systems of control
C. Providing management with decision making information
D. Preparing investment appraisals
E. Corporate governance compliance within the organisation
F. Arranging for the financing of plans made
Answer: C,D

NEW QUESTION: 4
Which two types of DAEs are available in all system bays of a VMAX3 family array?
A. 9-drive DAE and 15-drive DAE
B. 15-drive DAE and 25-drive DAE
C. 12-drive DAE and 15-drive DAE
D. 60-drive DAE and 120-drive DAE
Answer: D