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NEW QUESTION: 1
You initiated a pay run by entering criteria for invoices that you want to pay. In which order would you perform these steps to complete the pay run process?
1. Review proposed payments.
2. Print payments.
3. Create payment instructions.
4. Select and build proposed payments.
5. Mark payments as complete.
A. 5, 4, 1, 2, 3
B. 4, 1, 3, 2, 5
C. 2, 4, 1, 3, 5
D. 4, 2, 1, 5, 3
Answer: B
NEW QUESTION: 2
Drag the task on the left to the appropriate layer category on the right.
Answer:
Explanation:
NEW QUESTION: 3
A forward rate agreement (FRA) is:
A. an interest rate agreement where buyer and seller will exchange an interest rate differential at a given date in the future
B. an interest rate to be applied to a loan or deposit that begins and matures in the future
C. an agreement to exchange cash flows starting on a specific date in the future
D. a future rate agreement involving two different currencies
Answer: A
NEW QUESTION: 4
What are three reasons that companies institute security programs? (Choose three)
A. legal mandate
B. loss potential
C. corporate responsibility
D. lower costs
Answer: A,B,C
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L4M7 Exam Info
In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the L4M7 Exam.
L4M7 Exam Topics
Review the L4M7 especially if you are on a recertification. Make sure you are still on the same page with what CIPS wants from you.
L4M7 Offcial Page
Review the official page for the L4M7 Offcial if you haven’t done it already.
Check what resources you have available for studying.
Schedule the L4M7 Exam
Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.