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NEW QUESTION: 1
The activity of trading futures with the objective of reducing or controlling risk is called:
A. Short-selling.
B. Insuring.
C. Factoring.
D. Hedging.
Answer: D
Explanation:
Hedging is the use of offsetting commitments to minimize the effect of adverse future price movements. Thus, a financial manager may limit many risk exposures by trading in futures markets.
NEW QUESTION: 2
By which date must an interest reporting statement be sent to the borrower's last known address?
A. February 28 of the year following the year the interest is paid
B. March 1 of the year following the year the interest is paid
C. January 15 of the year following the year the interest is paid
D. January 31 of the year following the year the interest is paid
Answer: D
NEW QUESTION: 3
An organization uses multifactor authentication to restrict local network access. It requires a PIV and a PIN.
Which of the following factors is the organization using?
A. Something you have, something you know
B. Something you have; something you are
C. Something you do, something you are
D. Something you know, something you do
Answer: A
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