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NEW QUESTION: 1
An internationally diverse group of students attending the London School of Economics has formed a Level
1 CFA Study Group. Three of the students (from Germany, Japan, and the U.S) are assigned the Portfolio Management Study Session reading on selecting global investments. As part of determining how changes in currency rates can affect returns on foreign investments, the group analyzes the return in the U.S. bond market from the late 1980s to the mid 1990s and ranks the U.S. bond market returns in the following three ways: 1- measured in each individual's home currency, 2- adjusted for exchange rate changes and expressed in U.S. dollar terms, and 3 - on a risk adjusted basis. They summarized their results in the following table:
* Rank is out of the set: Germany, Japan, & U.S.
Following is a set of possible conclusions drawn from their results. Which of the statements is INCORRECT?
A. The U.S. dollar strengthened during the time period observed.
B. Investors in different countries may earn different local currency returns even if they invest in the same investments.
C. Even though the non-U.S. markets experienced higher returns over this period, the increased risk of the non-U.S. securities offset the higher return and lowered the return/risk ratio.
D. Foreign exchange rate effects can have negative impacts on investment returns.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Since the U.S. Bond rank decreased when expressed in U.S. dollar terms, the U.S. dollar weakened over the time period observed. As the dollar weakens, a U.S. investor would earn higher returns on foreign investments because each unit of foreign currency buys more dollars. A foreign investor would also be able to earn higher returns in the U.S., as it would take less of a foreign currency to buy dollars.
NEW QUESTION: 2
Welches der folgenden BEST-Verfahren ermöglicht einen effizienteren Prozess zur Meldung von Vorfällen?
A. Schulung von IT-Teams zu Compliance-Anforderungen
B. Schulung der Endbenutzer zur Identifizierung abnormaler Ereignisse
C. Schulung des Incident-Response-Teams zu Eskalationsverfahren
D. Schulung der Geschäftsleitung für die Kommunikation mit externen Stellen
Answer: B
NEW QUESTION: 3
Your customer has requested you to set up a Procurement Business Unit to serve the procurement needs of various Requisitioning Business Units. How would you set up the Shared Procurement model in Oracle Procurement Cloud?
A. by setting up a Procurement Business Unit and a Requisitioning Business Unit in the Functional Setup Manager
B. by setting up the Default Procurement BU in the Requisitioning Business Function
C. by setting up a Service Provider relationship in the Business Unit setup
D. by providing a default Business Unit in the Procurement Agent setup
Answer: C
Explanation:
Explanation/Reference:
Without the site assignment model each client BU would be forced to establish its own relationship with the supplier. The service provider relationship between the client BU and procurement BU is defined in the business unit setup.
References: Oracle Procurement Cloud Using Procurement (Release 9), page 30
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