ECBA Practice Questions

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NEW QUESTION: 1
The board of directors of Acme Enterprises decide to float two new ompanies: Acme Construction and Acme Exports. hey want to implement Oracle General Ledger. They want to restrict access across these new companies. Only the Vice President (Finance) must have complete access. Identify two correct statements. (Choose two.)
A. Create only three data access sets: one for Acme Enterprises, one for Acme Construction, and one for Acme Exports.
B. Create four data access sets: one with read and write access for all companies and the rest with read and write access for the respective balancing segment values for each company.
C. Create one data access set andprovide read and write access to Acme Enterprises, and readonly access to Acme Construction and Acme Exports.
D. Create one primary ledger for Acme Enterprises, one for Acme Construction, and one for Acme Exports.
E. Create one primary ledger for Acme Enterprises.
Answer: B,E

NEW QUESTION: 2
What is the expected life cycle, in years, of building automation system within a building structure with a life cycle of 40+ years?
A. 2 to 4
B. 8 to 12
C. 12 to 15
D. 5 to 7
E. 1 to 2
Answer: D

NEW QUESTION: 3
Modified duration of a bond measures:
A. The present value of the future cash flows of a bond calculated at a yield equal to 1%.
B. The percentage change in a bond price when the yields change by 1%.
C. The percentage change in a bond price when yields increase by 1 basis point.
D. The change in value of a bond when yields increase by 1 basis point.
Answer: B