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NEW QUESTION: 1
An activity on a process has three incoming flows attached to it and a single flow coming out. All three incoming flows have a token flow to the activity. What happens next?
A. Only one task is created for the activity. The task is not created until all the tokens flow to the activity.
One token flows down the outgoing flow once the task is completed.
B. Three tasks are created for the activity. One token flows down the outgoing flow when all three tasks are completed.
C. Three tasks are created for the activity. When each task completes, a token flows down the outgoing flow.
D. Only one task is created for the activity. The task is created when the first token arrives at the activity, and the other tokens are discarded when they arrive. One token flows down the outgoing flow once the first task is completed.
Answer: C

NEW QUESTION: 2
Jerry Sanders, CFA, has been asked to analyze the 20-year bonds of Marietta Tech, Inc., which are currently being held in a corporate bond portfolio managed by a colleague, and to recommend whether the bonds should be sold or held. The bonds currently have a yield spread of 1.55% over Treasuries.
Marietta Tech, Inc. designs, manufactures, and markets specialty trucks and truck bodies mounted on new truck chassis produced by others, including concrete mixers, refuse bodies, fire and emergency vehicles, defense trucks, cut-away and dry freight van bodies, refrigerated units, stake bodies, and other specialized trucks. Marietta also manufactures fiberglass wind deflectors, armored trucks, shuttle buses, and cargo vans. Marietta's customers are located in the United States and Canada.
Exhibit 1: Selected Financial Data for Marietta Tech, Inc. (in thousands of $)


At lunch Sanders discusses the credit analysis of various types of bonds with Elizabeth Yan, who was just hired as a bond analyst. Yan makes the following statements:
Statement 1: An analysis of the issuer's business and operating risks is important to the analysis of corporate bond credit risk but not important for the credit analysis of asset backed securities (ABS).
Statement 2: The unique bond covenants in a municipal bond's trust indenture require an additional level of credit analysis not necessary in a corporate credit analysis.
Compare the 2008 long-term obligations to capitalization ratio benchmarks to Marietta's ratio. Marietta is between the:
A. A and BBB benchmark ratios.
B. BBB and BB benchmark ratios.
C. BB and B benchmark ratios.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Mariettas long-term obligations-to-capitalization ratio of 59.4% is between the BBB median (56.3%) and the BB median (68.5%).

(Study Session 14, LOS 51.c)

NEW QUESTION: 3
What are two reasons why you would send an RFP to multiple vendors (Choose two.)
A. to warranty the process against fraud
B. to eliminate vendors who cannot meet the requirements
C. to satisfy international law requiring a minimum of three vendors
D. to compare competing proposals
Answer: B,D

NEW QUESTION: 4
Which three wireless service components belong to the operate phase? (Choose three.) Select exactly 3 answer(s) from the following:
A. Operations Implementation
B. System Monitoring
C. Operations Assessment
D. Operations Plan
E. Security Administration
F. Incident Management
Answer: B,E,F