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Financial Risk and Regulation (FRR) Series
- Exam Number/Code : 2016-FRR
- Exam Name : Financial Risk and Regulation (FRR) Series
- Questions and Answers : 213 Q&As
- Update Time: 2019-01-10
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NEW QUESTION: 1
The correct equation for calculating the approximate percentage cost, on an annual basis, of not taking trade discounts is
A. Option B
B. Option A
C. Option C
D. Option D
Answer: B
Explanation:
The first term of the formula represents the periodic cost of the trade
discount, calculated as the cost per unit of trade credit discount %) divided by the funds made available by not taking the discount 100 - discount %). The second term represents the number of times per year this cost is incurred. The multiple of these terms is the approximate annual percentage cost of not taking the trade discount. A precise formula would incorporate the effects of compounding when calculating the annual cost.
NEW QUESTION: 2
Which of the following statements about service pack are true?
Each correct answer represents a complete solution. Choose two.
A. It is a collection of Fixes and Patches in a single product.
B. It is a term used for securing an operating system.
C. It is a term generally related to security problems in a software.
D. It is a medium by which product updates are distributed.
Answer: A,D
NEW QUESTION: 3
Which of the following Admin Tools allows an administrator to route a single form or a group of forms from the current route step to any other step within the route map?
A. Route Form
B. Move Forms
C. Manage Route maps
D. Modify Form Route Map
Answer: A
NEW QUESTION: 4
From a business perspective, which of me following is the major consideration regarding the use of smart contract technology?
A. Code as Law" Arbitration
B. Hosting Requirements
C. Public Accessibility
D. Decentralization
Answer: A