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  • Exam Number/Code : CIMAPRA19-F03-1
  • Exam Name : F3 Financial Strategy
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
File system is divided into a log file system and non- journaling file system types. Log file system reliability is relatively high, but the system must consume resources.
A. False
B. True
Answer: B

NEW QUESTION: 2
What are some of the HP Device as a Service (HP DaaS) benefits?
A. IT asset and budget optimization
B. advanced security policy management for all endpoint devices manufactured by HP
C. predictive battery usage analytics though the HP DaaS reporting tool
D. installation and management of servers, networking equipment, printers, and all software for your devices
Answer: B
Explanation:
Explanation
https://store.hp.com/us/en/tech-takes/what-is-daas

NEW QUESTION: 3
Kep Polznik is a financial consultant to an entrepreneur who owns a chain of check-cashing establishments (individuals who meet certain criteria can cash post-dated checks and then repay the money at a later date). The company's Treasurer is considering using plain vanilla swaps. Which of the following statements should Polznik NOT use to sell the Treasurer on the use of interest rate swaps?
A. By using swaps, the Treasurer can maintain the confidentiality of business strategy.
B. The Treasurer can use swaps to exploit market inefficiencies.
C. Swap agreements allow companies a more flexible way to package cash flows.
D. The swap market's operational efficiency results in reduced transaction costs.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Exploiting market inefficiencies is no longer considered a motivation for entering into swap agreements.
Historically, there were two basic motivations for swaps, to exploit market inefficiencies and to attempt to obtain cheaper financing. Both were based on the belief that financial markets are inefficient. Today, the swap markets have matured and there are few arbitrage opportunities. The swap markets are considered operationally efficient and flexible. Thus, the main reasons to enter into swap agreements include: to reduce transaction costs, to avoid costly regulations, and to maintain privacy.

 

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