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NEW QUESTION: 1
If the spot foreign exchange rate and the forward foreign exchange rate are the same between two countries, which of the following is implied?
A. The currency is at a discount to par.
B. There is an interest rate differential between the two countries equalizing the rates.
C. The interest rate structure between the two countries is the same.
D. The currency is at a premium to par.
Answer: C

NEW QUESTION: 2
Under the 1988 Insider and Securities Enforcement Act, a person convicted of insider trading can be
subject to:
A. up to 10 years in prison and a fine of either $1.5 million or up to 150% of the amount of profits gained or
losses avoided, or both.
B. up to 10 years in prison and a fine of $1,500,000 or both.
C. up to 10 years in prison and a fine of either $1 million or up to 3 times the amount of profits gained or
losses avoided, whichever is greater.
D. up to 5 years in prison, a $150,000 fine, or both.
Answer: C
Explanation:
The 1988 Insider Trading and Securities Enforcement Act increased the penalties for a
person convicted of insider trading to up to 10 years in prison and a fine of either $1 million or up to 3
times the amount of profits gained or losses avoided, whichever is greater.

NEW QUESTION: 3
Which command group to display and modify the VLR and PLMN parameters?
A. ZMO
B. ZMJ
C. ZTR
D. ZMX
Answer: D

NEW QUESTION: 4
A fraud investigation was completed by management, and a proven fraud was communicated to relevant authorities. According to MA guidance, which of the following roles would be most appropriate for the internal audit activity to undertake after the investigation?
A. Plan employee sessions and team building strategies for the organization to improve awareness of fraud among employees.
B. Conduct lessons learned sessions to ascertain how the fraud occurred and which controls failed.
C. Determine why The fraud was not detected earlier and design controls to strengthen early detection.
D. Review the investigation and implement any improvements to the process.
Answer: B

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