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NEW QUESTION: 1
Which of the following is not true?
A. The Model Code is an attempt to deal with the legal issues relating to every conceivable financial instrument.
B. The Model Code sets out the manner and spirit in which foreign exchange and money market business should be conducted in order that participants maintain high standards of professionalism, integrity and ethical conduct.
C. The Model Code sets out the practicalities of dealing in those financial instruments listed in the Model Code.
D. The Model Code is published by ACI's Committee for Professionalism.
Answer: A
NEW QUESTION: 2
Given:
class ImageScanner implements AutoCloseable {
public void close () throws Exception {
System.out.print ("Scanner closed.");
}
public void scanImage () throws Exception {
System.out.print ("Scan.");
throw new Exception("Unable to scan.");
}
}
class ImagePrinter implements AutoCloseable {
public void close () throws Exception {
System.out.print ("Printer closed.");
}
public void printImage () {System.out.print("Print."); }
}
and this code fragment:
try (ImageScanner ir = new ImageScanner();
ImagePrinter iw = new ImagePrinter()) {
ir.scanImage();
iw.printImage();
} catch (Exception e) {
System.out.print(e.getMessage());
}
What is the result?
A. Scan. Unable to scan.
B. Scan.Scanner closed. Unable to scan.
C. Scan.Printer closed. Scanner closed. Unable to scan.
D. Scan. Unable to scan. Printer closed.
Answer: B
NEW QUESTION: 3
A bank's reserve requirement on demand deposits is 10%, and its earnings credit rate is 6%. If a company uses bank services amounting to $2,600 and has an excess of $550 in earnings credit, what is the average collected balance in the account based on a 30-day month?
A. $461,889
B. $123,921
C. $585,810
D. $709,731
Answer: D
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