P3 무료 덤프문제 온라인 액세스

Multinational companies have a variety of methods by which to manage currency risk.
Select ALL internal hedging methods from the following list.

• A.Forward contracts
• B.Matching
• C.Invoice in home currency
• D.Pooling
• E.Leading and lagging
• F.Money market hedge

University B has several departments. Each department at times obtains funding from different sources such as government grants and industry sponsorships. The central management of the university has decided to develop a module within its current Information System to track these funds centrally.
The central management of the University has decided to utilise in-house expertise in order to build this module.
Which THREE of the following represent advantages of developing this module and doing so using in-house expertise?

• A.The system will make it easier for central management in the University to access the performance of individuals, departments and groups.
• B.In-house experts will be more easily able to integrate the module into the existing system.
• C.Time will be saved because there will be no need to explain the basic structure and operations of the University to an outside contractor.
• D.The system may limit the freedom of heads of department to act with autonomy.
• E.There is a better chance that in-house experts will spot long-standing inefficiencies or anomalies in the existing system.

WTW is a global company which produces high-tech equipment such as smart televisions and mobile phones The CFO has just resigned, having been offered a post at a competitor The CFO was well regarded and WTWs share price has fallen in response to the announcement At a board meeting the production director commented that the share price fall is the fault of the nomination committee Which THREE of the following statements are correct?

• A.The nomination committee should prepare a description of the role and capabilities required for the CFO's replacement
• B.Most of the members of the nomination committee should be executive directors as they are responsible for ensuring the share price recovers quickly.
• C.The nomination committee should have considered succession planning for directors before the CFO resigned
• D.When planning the CFO's replacement the nominations committee should consider the diversity of the board
• E.If the nomination committee had been working effectively the CFO would not have resigned

Company directors who exercise executive share options generally resell the shares immediately, rather than holding them. Which of the following best explains this behavior?

• A.It is a conflict of interest for directors to be shareholders.
• B.The shares are out of the money at the exercise date
• C.The directors receive a risk-free gain
• D.Shareholders become nervous when the directors hold shares

Why do businesses take risks?
Select the TWO correct answers.

• A.Risk taking allows for multiple random outcomes, some of which may be worth chasing.
• B.Risk taking provides businesses with opportunities to make better returns.
• C.Risk taking allows businesses to save time by not having to find out all the facts before they embark on new projects.
• D.Risk taking can assist businesses to gain an advantage on their competitors.
• E.Risk taking can give the impression that senior management roles are very dynamic.