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NEW QUESTION: 1
Which of the following performance measures is most appropriate for evaluating the tangible effects of a six sigma project?
A. Cycle time
B. Unsolicited compliments from customers
C. Employee morale
D. Team member absentee rate
Answer: A
NEW QUESTION: 2
You create a personal dashboard and want to make it available to a group of other Microsoft Dynamics CRM users.
What are two possible ways to achieve this goal? Each correct answer presents a complete solution.
Choose two.
A. Save a copy of the dashboard, and assign the dashboard to a team that contains the users.
B. Add the dashboard to a solution, and import it as a system dashboard.
C. Share the dashboard with each of the users.
D. Give the users a common security role, and grant the security role permission to the dashboard.
Answer: A,C
Explanation:
Explanation/Reference:
Ref: https://www.packtpub.com/sites/default/files/4408EN-Chapter-4-Sharing-and-Assigning- Dashboards.pdf
NEW QUESTION: 3
Using covered interest parity, calculate the 3 month CAD/USD forward rate if the spot CAD/USD rate is
1.1239 and the three month interest rates on CAD and USD are 0.75% and 0.4% annually respectively.
A. 1.1278
B. 1.1229
C. 1.1200
D. 1.1249
Answer: D
Explanation:
Explanation
Forward rates can be calculated from spot rates and interest rates using the formula Spot x (1+domestic interest rate)/(1+foreign interest rate), where the 'Spot' is expressed as a direct rate (ie as the number of domestic currency units one unit of the foreign currency can buy). In this case the forward rate will be 1.1239
* (1 + 0.75%*90/360) / (1 + 0.4%*90/360) = 1.1249.
It can be confusing to determine which interest rate should be considered 'domestic', and which 'foreign' for this formula. For that, look at the spot rate. Think of the spot rate as being x units of one currency equal to 1 unit of the other currency. In this case, think of the spot rate 1.1239 as "CAD 1.1239 = USD 1". The currency that has the "1" in it is the 'foreign' and the other one is 'domestic'.
It is also important to remember how exchange rates are generally quoted. Most exchange rates are quoted in terms of how many foreign currencies does USD 1 buy. Therefore, a rate of 99 for the JPY means that USD 1 is equal to JPY 99. These are called 'direct rates'. However, there are four major world currencies where the rate quote convention is the other way round - these are EUR, GBP, AUD and NZD. For these currencies, the FX quote implies how many US dollars can one unit of these currencies buy. So a quote of "1.1023" for the Euro means EUR 1 is equal to USD 1.1023 and not the other way round.