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NEW QUESTION: 1
Section C (4 Mark)
You purchased a call option for Rs3.45 seventeen days ago. The call has a strike price of Rs45 and the stock is now trading for Rs51. If you exercise the call today, what will be your holding period return? If you do not exercise the call today and it expires, what will be your holding period return?
A. 73.9%, -57.5%
B. 57.5%, -173.9%
C. 73.9%, -100%
D. 173.9%, -100%
Answer: C
NEW QUESTION: 2
What could cause a company to have negative cash flow from operations in the same year in which it had a positive net income?
A. a substantial increase in accounts payable
B. a substantial increase in accounts receivable and inventory
C. a substantial decrease in inventory
Answer: B
Explanation:
A company could have negative cash flow from operations in the same year in which it had a positive net income if it had a substantial increase in accounts receivable and inventory due to the company's growth in sales. An increase in accounts receivable represents revenue not yet collected in cash. An increase in inventory represents a cash outflow that is not an operating expense.
NEW QUESTION: 3
An Organization requires secure configuration baselines for all platforms and technologies that are used. If any system cannot conform to the secure baseline, the organization must process a risk acceptance and receive approval before the system is placed into production. It may have non-conforming systems in its lower environments (development and staging) without risk acceptance, but must receive risk approval before the system is placed in production. Weekly scan reports identify systems that do not conform to any secure baseline.
The application team receive a report with the following results:

There are currently no risk acceptances for baseline deviations. This is a mission-critical application, and the organization cannot operate If the application is not running. The application fully functions in the development and staging environments. Which of the following actions should the application team take?
A. Process a risk acceptance for 2633 and remediate 3124.
B. Remediate 2633 and 3124 immediately.
C. Process a risk acceptance for 2633 and 3124.
D. Shut down NYAccountingProd and Investigate the reason for the different scan results.
Answer: A
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