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NEW QUESTION: 1

A. Option D
B. Option B
C. Option C
D. Option A
Answer: A

NEW QUESTION: 2
GAAP have two important functions. First, they provide a set of standards that endeavor to measure with reasonable accuracy the assets held, liabilities owed, revenue earned, and expenses incurred by the company. For life insurance companies these measurement rules have been prescribed specifically for their specialized products. The second important function of GAAP is:
A. To ensure the comparability of financial data
B. To ensure the comparability of financial data from year to year within each company and with similar data prepared by other companies
C. To ensure the comparability of financial data from month to month within each company and with similar data prepared by other companies
D. To ensure the comparability of financial data from quarter to quarter within each company and with similar data prepared by other companies
Answer: B

NEW QUESTION: 3
Sue Wie, CFA, is the chief financial officer for Garth Company. The company will need to borrow S75 million in the near future to fund a plant expansion. Wie expects interest rates will rise and decides to hedge against this risk using a 3 * 6 LIBOR based forward rate agreement (FRA). The underlying rate for this FRA is:
A. 180-day LIBOR.
B. 90-day LIBOR.
C. 60-day LIBOR.
Answer: B

NEW QUESTION: 4
Ein CEO fordert von einem mobilen Gerät, das nicht den Organisationsrichtlinien entspricht, den Zugriff auf Unternehmensdokumente an. Der Informationssicherheitsmanager sollte ZUERST:
A. Starten Sie einen Ausnahmegenehmigungsprozess.
B. Bewerten Sie das Geschäftsrisiko.
C. Stellen Sie zusätzliche Sicherheitskontrollen bereit.
D. Bewerten Sie eine Drittanbieterlösung.
Answer: B