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NEW QUESTION: 1
Company A is a retailer operating in several cities. The individual store managers deposit daily collections at a local bank in a non-interest bearing checking account. Twice per week, the local bank issues a depository transfer check DTC) to the central bank at headquarters. The controller of the company is considering using a wire transfer instead.
The additional cost of each transfer would be US $25. collections would be accelerated by 2 days, and the annual interest rate paid by the central bank is 7.2% 0.02% per day).
At what amount of dollars transferred would it be economically feasible to use a wire transfer instead of the DTC? Assume a 360-day year.
A. Any amount greater than US $62,500.
B. Any amount greater than US $173.
C. It would never be economically feasible.
D. US $125,000 or above.
Answer: A
Explanation:
Given a US $25 fee and an interest rate of 0.02% per day for 2 days, the breakeven amount is US $62,500 [$25 transfer fee 2 x .02% interest rate)]. Thus, the interest earned on a transfer of any amount greater than US $62,500 would exceed the US $25 fee.
NEW QUESTION: 2
The project team is working on test scripts to test a solution. Which source can be used for building tests of end-to-end business processes across business functions and systems?
A. Context diagram
B. Prototype model
C. Feature model
D. Use case
Answer: A
NEW QUESTION: 3
You have successfully comprised a server having an IP address of 10.10.0.5. You would like to enumerate all machines in the same network quickly.
What is the best nmap command you will use?
A. nmap -T4 -r 10.10.1.0/24
B. nmap -T4 -O 10.10.0.0/24
C. nmap -T4 -q 10.10.0.0/24
D. nmap -T4 -F 10.10.0.0/24
Answer: D
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