HP2-I67 Practice Questions

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NEW QUESTION: 1
Click on the Exhibit Button to view the Formula Sheet. The use of standard settlement instructions (SSI's) is strongly encouraged because:
A. It reduces operational risk.
B. All of the above.
C. It splits differences arising from failed settlement between the two counterparties.
D. It removes the need for sending out SWIFT payment authorisations.
Answer: A

NEW QUESTION: 2
One of the main reasons total quality management TOM) can be used as a strategic weapon is that:
A. Introducing new products can lure customers away from competitors.
B. The cumulative improvement from a company's 'QM efforts cannot readily be copied by competitors.
C. Reduced costs associated with better quality can support higher shareholder dividends.
D. TQM provides a comprehensive planning process for a business.
Answer: B
Explanation:
TON is a comprehensive approach to quality. It treats the pursuit of quality as a basic organizational function that is as important as production or marketing. Because 'QM affects every, aspect of the organization's activities, it permeates the organizational culture. Thus, the cumulative effect of TQM's continuous improvement process can attract and hold customers and cannot be duplicated by competitors.

NEW QUESTION: 3
The _____________ Team is responsible for delivering potentially shippable product increments at the end of each Sprint.
A. Development Team
B. Scrum Team
C. Self-Managing Team
D. Cross-Functional Team
Answer: A