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Vendor: NCARB

Exam Code: PDD Dumps

Questions and Answers: 104

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NEW QUESTION: 1
A domestic entity and a foreign entity purchased the same stock on the foreign stock exchange and held the stock for 1 year. The value of the foreign currency weakened against the domestic currency over this period. Comparing the returns of the two companies, what will be the domestic entity's return?
A. Higher in the short-run but lower in the long-run.
B. Higher.
C. Lower.
D. The same.
Answer: C
Explanation:
The returns on the stock are presumably paid in foreign currency. Hence, the change in the value of the foreign currency relative to the domestic currency does not affect the foreign entity's return. However, the weakening of the foreign currency reduces the amount of domestic currency it will buy, and the domestic entity's return in domestic currency is correspondingly reduced.

NEW QUESTION: 2
Eric is the supply management professional at Equate Industries he is asking questions about what can go wrong?, what are the possible consequences?, and what is the probability of occurrence? He is most likely trying to do what?
A. Developing a scorecard
B. Identify contractual risks
C. Develop a risk profile
D. Perform risk monitoring
Answer: B
Explanation:
Eric is the supply management professional at Equate Industries he is asking questions about what can go wrong?, what are the possible consequences?, and what is the probability of occurrence? He is most likely trying to identify contractual risks. The remaining answers are incorrect:
Developing a risk profile includes determining cost benefit and risk reward trade offs. Performing risk monitoring is done on a regular basis due to changing market dynamics. And, developing a scorecard does not require the specific questions Eric asks.

NEW QUESTION: 3
A customer has the following limitation for OAuth2 workflow: OAuth clients shall keep their client credentials confidential when authenticating with the authorization server.
Which authorization grant type is suitable for this work flow limitation?
A. Access token with refresh token flow
B. Client credential flow
C. Client authorization code credential flow
D. Resource owner password credentials flow
E. Authorization code flow
Answer: B,E
Explanation:
Reference:https://www304.ibm.com/support/knowledgecenter/SSELE6_8.0.0.3/com.ibm.ammob.doc_8.0.0.3/confi g/concept/con_oauth20_workflow.html%23con_oauth20_workflow(authorization code flow, first para)
Note: Thisquestionhas two answers according to the reference given above.


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