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NEW QUESTION: 1

A. Option B
B. Option C
C. Option D
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. 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
B. It is reasonable for the bank to purchase futures contracts if they expect interest rates to rise.
C. It is reasonable for the bank to sell futures contracts if it expects interest rates to fall
D. It is reasonable for the bank to take a long position in anticipation of rising rates.
Answer: A

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

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