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NEW QUESTION: 1
You are designing a product using the BB Matrix.
Other than the required building blocks, what other information isprovided? (Choose three.)
A. Initialization modules
B. Projection processes
C. Output variables
D. Assumption input variables
E. Data view input variables
Answer: A,D,E

NEW QUESTION: 2
Section B (2 Mark)
Major phases of budgeting process are:
A. Assessing Current situation and recommendation of products
B. Recommendation of products and Planning Financial direction
C. Assessing current situation and planning financial direction
D. None of the above
Answer: C

NEW QUESTION: 3
A large multinational bank is concerned that their duration measures may not be accurate since the yield curve
shifts are not parallel. Which of the following statements would be typically observed regarding variability of
interest rates?
A. Short-term rates are more variable than long-term rates.
B. Short-term rates are equally variable as long-term rates.
C. Short-term rates are less variable than long-term rates.
D. Short-term rates and long-term rates always move in opposite directions.
Answer: A