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NEW QUESTION: 1
Which of the following should be established FIRST when initiating a control sell-assessment (CSA> program in a small organization?
A. Facilitated workshops
B. Control register
C. Assessor competency
D. Staff questionnaires
Answer: A
NEW QUESTION: 2
An American importer expects to pay a British supplier 500,000 British pounds in three months. Which of
the following hedges is best for the importer to fix the price in dollars?
A. Buying British pound put options.
B. Selling British pound call options.
C. Selling British pound put options.
D. Buying British pound call options.
Answer: D
Explanation:
Choice "a" is correct. To fix a price in dollars to buy British pounds, British pound call options should be
purchased. Call options would allow, but not require, the purchaser of the call to acquire the currency
(British pounds) for a specified price at or before a specified time in the future. If the price goes down, the
purchaser (the importer) would exercise the options; if not, the purchaser (importer) would buy the British
pounds in the market and let the options expire. British pound futures could also be used, but that was not
one of the choices listed. Choice "b" is incorrect. Buying British pound put options would allow, but not
require, the purchaser of the put to sell the currency for a specified price at a specified time in the future.
Since the importer needs British pounds, buying put options would not work. The importer needs to end
up with British pounds. Choice "c" is incorrect. Selling British pound put options would not work. The
importer needs to end up with British pounds. Selling put options could work, but the option would be
exercised, or not, by the purchaser and not by the importer. If the options were not exercised, the importer
could end up with nothing (other than the option premium). Choice "d" is incorrect. Selling British pound
call options would not work. The importer needs to end up with British pounds; if call options are sold, the
other party can exercise the options or let them expire, and if the options were exercised, the importer
would have to supply the British pounds. This answer is backwards.
NEW QUESTION: 3
You need to design a solution that supports the end user display requirements for data and graphics.
Which two actions should you recommend? (Each correct answer presents part of the solution. Choose two.)
A. Create a local resource file for each page and for each language.
B. Use a language-specific master page
C. Replicate each page once for each supported language
D. Populate the database with data in each language, and retrieve the data in the user's language.
Answer: A,D
Explanation:
Microsoft 70-519 : Practice Test