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The Liquidity Coverage Ratio imposed by Basel III requires a bank:
A. to keep enough highly liquid assets to cover its net liabilities for the next 60 days to guard against severe liquidity stress
B. to retain enough liquidity to cover its assets against severe default risk
C. to keep enough highly liquid assets to cover its net liabilities for the next 10 days to guard against severe liquidity stress
D. to keep enough highly liquid assets to cover its net liabilities for the next 30 days to guard against severe liquidity stress
Answer: D
A company creates loads to ship sales orders.
Loads must be shipped by using the lowest freight rates possible.
You need to use the load planning workbench to create a load for sales order shipments.
Which configuration options should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
The product of a and b is equal to 11 more than twice the sum of a and b. If b = 7, what is the value of b - a?
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Write an equation for the question by translating the first sentence. The product of a and b is ab, and 11 more than twice the sum of a and b translates to 2(a + b) + 11. The equation is ab = 2 (a + b) + 11.
Substitute 7 for b.7a = 2 (a + 7) + 11. This simplifies to 7a = 2a + 14 + 11 by the distributive property and then becomes 7a = 2a + 25. Subtract 2a from both sides of the equation and then divide each side by 5; 7a
- 2a = 2a - 2a + 25. . a = 5. The value of b - a = 7 - 5 = 2.
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