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NEW QUESTION: 1
You work as a project manager for HRM Inc. Your project is in a situation in which a party interested in trading an asset is unable to do so. Which of the following types of risks must have occurred in the above scenario?
A. Pure risk
B. Financial risk
C. Liquidity risk
D. Market risk
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Answer option A is correct.
Liquidity risk refers to the situation in which a party interested in trading an asset is unable to do so. It is important for those who hold an asset and unable to market it. It affects their ability to trade. If a party is not able to find any other party to sell the asset, the asset can be termed as worthless.
Answer option D is incorrect. Pure risk has only a negative effect on the project. Pure risks are activities that are dangerous to complete and manage such as construction, electrical work, or manufacturing. It is a class of risk in which loss is the only probable result and there is no positive result. It is associated to the events that are outside the risk-taker's control. The nature of the work includes some pure risks. Pure risks can also include things like acts of god (force majeure), fire, and theft.
Answer option B is incorrect. Market risk states that the price of a portfolio will reduce because of the change in value of the market risk factors. This portfolio may be an investment portfolio or a trading portfolio. The standard market risk factors are as follows:
Stock prices

Interest rates

Foreign exchange rates

Commodity prices

Answer option C is incorrect. A financial risk is a risk that is related to money. Money can be an income or an expense incurred by a company. If the money is related to investment, it is a capital risk. If it is related to currencies of other countries, it is a currency risk.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Quality and Risk Management Objective: Risk Modeling and Response
NEW QUESTION: 2
FusionAccess supports: Windows-based TC; Linux-based TC; Mac OS and Windows SCs; Android and iOS Smartphones.
A. FALSE
B. TRUE
Answer: B
NEW QUESTION: 3
What can be done to apply member-based security if the model contains cube groups?
A. Inherit the security that was used in the control cube.
B. Create a descendant custom view.
C. Define the security for each member cube.
D. Create a hierarchical custom view.
Answer: C