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NEW QUESTION: 1
For which of the following reasons is the extension of forward contracts at non-current rates is discouraged:
i. These could be used to conceal profit or losses.
ii. These could be used to perpetrate fraud.
iii. These could result in an unauthorised extension of credit.
iv.
These could result in confusing settlement instructions.
A. (i) & (iii).
B. (i), (ii) & (iii).
C. (i), (ii), (iii), & (iv).
D. none of the above.
Answer: B

NEW QUESTION: 2
You're working with a currency measure. What is decimal shift used for?
Please choose the correct answer.
Response:
A. To increase the accuracy of the currency conversion
B. To avoid rounding errors during the conversion
C. To undo the decimal adjustment for ABAP
D. For currencies with more than two decimal places
Answer: D

NEW QUESTION: 3
Disaster recovery planning (DRP) addresses the:
A. overall coordination of business continuity planning.
B. technological aspect of business continuity planning.
C. operational piece of business continuity planning.
D. functional aspect of business continuity planning.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Disaster recovery planning (DRP) is the technological aspect of business continuity planning. Business resumption planning addresses the operational part of business continuity planning.