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CIPS Supplier Relationships
- Exam Number/Code : L4M6
- Exam Name : CIPS Supplier Relationships
- Questions and Answers : 213 Q&As
- Update Time: 2019-01-10
- Price:
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NEW QUESTION: 1
A bank customer expecting to pay its Brazilian supplier BRL 100 million asks Alpha Bank to buy Australian
dollars and sell Brazilian reals. Alpha bank does not hold reals so it asks for a quote to buy Brazilian reals in
the market. The market rate is 100. The bank quotes a selling rate of 101 to its customer and sells the reals at
this quoted price. Then the bank immediately buys the real at the market rate and completes foreign exchange
matched transaction. What is the financial impact of this transaction for Alpha bank?
A. This transaction leaves the bank a loss of BRL 10,101.
B. This transaction leaves the bank a profit of BRL 10,101.
C. This transaction leaves the bank a profit of AUD 10,101.
D. This transaction leaves the bank a loss of AUD 10,101.
Answer: C
NEW QUESTION: 2
DRAG DROP
Answer:
Explanation:
NEW QUESTION: 3
A MySQL command- line client is started with safe updates disabled.
Mysql - -safe - updates=0
What happens when you execute an UPDATE statement without a WHERE clause?
A. Causes a syntax error
B. Results in - -safe-updates being enabled automatically
C. Updates every row in the specified table(s)
D. Results in an error
Answer: C
Explanation:
Reference:
http://justalittlebrain.wordpress.com/2010/09/15/you-are-using-safe-update-mode-and-you-tried-to-update-a-table-
without-a-where-that-uses-a-key-column/
NEW QUESTION: 4
Which two results of a successful customer onboarding stage are the most important? (Choose two )
A. organization chart discussed
B. network diagrams discussed
C. stakeholders identified
D. account relationships identified
E. desired business outcomes discussed
Answer: A,E