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NEW QUESTION: 1
Which of the following are considered asset based credit enhancements?
I. Collateral
II. Credit default swaps
III. Close out netting arrangements
IV. Cash reserves
A. I and III
B. II and IV
C. I, II and IV
D. I and IV
Answer: A
Explanation:
Explanation
Credit enhancements come in two varieties: counterparty based, where the exercise of the credit enhancement requires a third party to pay, and this includes guarantees and CDS contracts. Asset based credit enhancements are based upon a physical asset in possession, and these include collateral and balances owed on other trades or transactions, and availed through close out netting arrangements.
Of the listed choices, I and III are asset based credit enhancements, and II is third party based. Cash reserves are not credit enhancements (unless held as collateral).
NEW QUESTION: 2
A. 6to4
B. ISATAP
C. GRE
D. 4to6
E. Teredo
Answer: A
Explanation:
ref :https://tools.ietf.org/html/rfc6052#section-2
NEW QUESTION: 3
Ten analysts are assigned the same Receivables responsibility and are given their own logins.
The requirement is to restrict three of the analysts from creating chargebacks or adjustments.
What would be your advice to ensure compliance with this internal control?
A. Set the "AR: Cash - Allow Actions" system profile to no at the responsibility level.
B. Set the "AR: Cash - Allow Actions" system profile to no at the user level for the three analysts.
C. Use forms personalization to restrict function access.
D. Set the "AR: Cash - Allow Actions" system profile to yes at the user level for the three analysts.
E. Set the "AR: Cash - Allow Actions" system profile to yes at the application level for the three analysts.
Answer: B
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