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NEW QUESTION: 1
Buying an option on a futures contract requires:
A. only initial margin to be paid at the time of the option exercise
B. the option premium to be paid upfront and futures margins will become due if the option is exercised
C. only option premiums to be paid upfront and any daily mark-to-market P&L
D. both initial margin and option premium to be paid upfront at the time of entering into the contract
Answer: B
Explanation:
Explanation
An option on a futures contract is like any other option contract, and only the option premium is due upfront.
If the option is exercised, then the futures contract comes into existence and futures margins become due in the normal way. Therefore Choice 'b' is the correct answer.
NEW QUESTION: 2
You are a Dynamics 365 Finance developer.
You need to ensure that an integration is triggered when a specific process starts.
Which tool should you use to retrieve the status from the Production order?
A. Periodic flow
B. Recurring Data Entity export
C. Business event
D. Batch job
Answer: C
Explanation:
Business events can be used as triggers from D365FO in Power Automate/MS Flow in an end to end way.
Reference:
https://community.dynamics.com/ax/b/happyd365fo/posts/triggers-using-business-event-in-power-automate-and-microsoft-dynamics-365-finance-and-operations
NEW QUESTION: 3
The Oracle Reference Architecture provides a specific definition of SOA Service. Which statement best describes the relationship between SOA Service and Web Service?
A. A SOA Service may be implemented using a Web Service Interface.
B. A SOA Service is a Web Service with a defined Service Contract.
C. All Web Services are SOA Services, but not all SOA Services are Web Services.
D. All SOA Services are Web Services, but not all Web Services are SOA Services.
E. A Web Service is one possible type of SOA Service.
Answer: A
Explanation:
Explanation/Reference:
In service-oriented integration the consumer is decoupled from the source system via the SOA Service that encapsulates and abstracts the source systems behind a service interface. Consumers of the SOA Service should need no details about the underlying source system. They should base the service usage solely on the contract provided by the SOA Service.
Unfortunately, simply adding a wrapper (e.g. Web service) to an existing system does not eliminate point- to-point integration. In fact point-to-point integration can be accomplished quite nicely using Web service interfaces. To be truly service-oriented, the SOA Services created must be well designed and constructed so the source system details do not bleed through. Service infrastructure that provides capabilities such as service discovery and routing is also essential to decouple service providers and consumers.
Reference: Oracle Reference Architecture, Service-Oriented Integration, Release 3.0
NEW QUESTION: 4
In a hybrid project, the customer decided on a major change for the project design. This change was approved and the impact on schedule and budget is known The software team leader, who is supposed to develop the software, refuses to commit to delivery dates claiming that they work using an agile approach and cannot commit to a final delivery date The hardware team depends on this software to develop their part of the product What should the project manager do?
A. Add this risk to the risk register and monitor it according to the risk management plan
B. Escalate this to higher management and ask for help to resolve the issue.
C. Impose the delivery dates on the software team leader and notify the functional manager about the situation
D. Ask the software team leader to use a predictive approach and commit to a delivery date
Answer: D
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CISM Exam Info
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