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NEW QUESTION: 1
Bill Turner, CFA, is short a futures contract on wheat. Turner entered into the futures position three months ago at a contract price of $50. The contract expiration is tomorrow. The settlement prices for the past four days (from oldest to most recent) were $56, $53, $49, and $52. If the settlement price on the expiration day is $57, which of the following best describes a method Turner is most likely to use to terminate his futures contract?
A. Sell a futures contract for $57 and receive a mark-to-market profit of $5.
B. Buy a futures contract for $57 and incur a mark-to-market loss of $5.
C. Leave the contract open, deliver the wheat to the long, and receive a price of $57.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 2
Personal tags can be viewed by Admins
A. True
B. False
Answer: B
Explanation:
Explanation/Reference:
Explanation/Reference: Although Admins can enable both public and private tags, Admins can only see public tags
NEW QUESTION: 3
How often does WildFire release dynamic updates?
A. every 30 minutes
B. every 15 minutes
C. every 60 minutes
D. every 5 minutes
Answer: D
Explanation:
References:
NEW QUESTION: 4
You are required to create a form that allows users to input dat
a. Which three actions are consistent with this?
A. Grant the data input users WRITE access to the dimension members used on the form.
B. Select level 0 dimension members for the POV, rows, and columns.
C. Set the currency on the form to Parent Currency.
D. Set the consolidation member on the form to FCCS_Entity Input.
E. In the member selection for Entity, do not include shared entities, include only primary instances of entities.
Answer: A,B,D
Explanation:
For bottom-up versions, rows and columns with level 0 members allow data entry.
Administrators have write access to all dimension members and to all forms.
Reference:
form_design_considerations.html
https://docs.oracle.com/cd/E57185_01/AGOHP/acc_assg.html
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