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NEW QUESTION: 1
Today is the fixing date for 6x9 FRA that you sold at 5.50% and for which the LIBOR is now 6.00%. Which of the following is true?
A. There is insufficient information to make a determination
B. You will pay a cash settlement to the counterparty
C. There is no cash settlement pending
D. You will receive the cash settlement
Answer: D

NEW QUESTION: 2
Which of the following is NOT the method accounting use to cost inventory?
A. First in first out
B. Average cost
C. Analysis cost
D. Last in first out
Answer: C

NEW QUESTION: 3
Who is ultimately responsible and accountable for reviewing user access to systems?
A. Systems security administrators
B. Data custodians
C. Information systems auditors
D. Data owners
Answer: D
Explanation:
Explanation/Reference:
Data owners are ultimately responsible and accountable for reviewing user access to systems.