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NEW QUESTION: 1
Because critical distribution needs were not identified and considered, an upcoming product is canceled one day before me announced launch. What should have been better developed to prevent this?
A. Risk management plan
B. Scope management plan
C. Stakeholder engagement plan
D. Communications management plan
Answer: C
NEW QUESTION: 2
For an investor with a long position in market index futures, which of the following is a primary risk:
A. Increase or decrease in the level of the underlying index
B. Movement in interest rates underlying the futures prices
C. Basis risk between futures and spot prices
D. Risk that expected dividends will differ from realized dividend yields
Answer: A
Explanation:
Explanation
This question emphasizes the difference between primary and secondary risks. Primary risks are the risks consciously undertaken, ie the risks whose premium the investor is trying to earn. Secondary risks are risks that accompany the primary risks that the investor will either hedge, or will ignore if they are small. It is important to watch out for secondary risks because they could become significant and offset the returns being sought even if the investor's market view is proved correct.
An investor in market index futures is betting that the index will rise. Index futures prices are largely driven by the spot value of the index, but are also affected by costs of carry. In particular, futures prices will be driven by interest rates, expected dividends, and any other factors that may cause the basis between spot and futures prices to diverge. These risks are secondary risks.
In this question, Choice 'd' represents the primary risk, and Choice 'a', Choice 'b' and Choice 'c' are all secondary risks. Therefore Choice 'd' is the correct answer.
NEW QUESTION: 3
사춘기 전 아동의 운동과 관련하여 어떤 진술이 사실입니까?
A. epiphyseal 성장판의 발달 부족으로 인해 어린이는 어떠한 형태의 지구력 훈련에도 참여하지 않아야 합니다.
B. 어린이는 낮은 수준의 운동 만 수행해야 합니다.
C. 아이들은 발한에 대한 임계 값이 높아 열에 대한 내성이 적습니다.
D. 어린이는 해부학 적으로 미숙하기 때문에 어떠한 형태의 저항 훈련 운동에도 참여해서는 안됩니다.
Answer: C
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