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NEW QUESTION: 1
Which of the following statements is false:
A. Forward contracts, unless collateralized, carry credit risks while the exchange practically eliminates the credit risk on a futures contract.
B. Futures are OTC instruments with transparent pricing while forward contracts are not
C. Forward and futures prices differ due to differences in the timing of cash flows
D. Forward contracts are settled at the end of the contract while futures gains and losses are settled daily
Answer: B
Explanation:
Explanation
This question addresses the key differences between futures and forward contracts. Forward contracts are over the counter (OTC) instruments, while futures are exchange traded. Therefore Choice 'b' is not a true statement.
Futures contracts require an initial margin to be paid to the exchange, and gains and losses to be settled daily, while forward contracts generally settle only at the maturity of the contract. Therefore Choice 'a' is a true statement.
The exchange is the counterparty in a futures contract, and through its system of initial and variation margins guarantees the performance of the contract. Futures therefore have very little credit risk when compared to forwards. Therefore Choice 'c' is a true statement.
Because futures gains and losses give rise to daily cash flows, while the P&L on forward contracts is settled only at the end of the contract, the timing differences create small pricing differences between the two.
Therefore Choice 'd' is a true statement.

NEW QUESTION: 2
Which AWS managed service is used to host databases?
A. AWS Batch
B. AWS Data Pipeline
C. Amazon RDS
Explanation
Amazon Relational Database Service (Amazon RDS) makes it easy to set up, operate, and scale a relational database in the cloud. It provides cost-efficient and resizable capacity while automating time-consuming administration tasks such as hardware provisioning, database setup, patching and backups. It frees you to focus on your applications so you can give them the fast performance, high availability, security and compatibility they need.
D. AWS Artifact
Answer: C

NEW QUESTION: 3
Refer to the exhibit.

You configure Clientless SSL VPN on a Cisco ASA. Users from Company A cannot connect to the Clientless SSL VPN. Which possible cause of the connection failure is most likely?
A. The license limit is exceeded
B. The users are behind the same NAT IP address
C. The users have authentication issues
D. An ACL for DAP is blocking the users
Answer: B