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NEW QUESTION: 1
A fund manager buys a gold futures contract at $1000 per troy ounce, each contract being worth 100 ounces of gold. Initial margin is $5,000 per contract, and the exchange requires a maintenance margin to be maintained at $4,000 per contract. What is the most prices can fall before the fund manager faces a margin call?
A. $20 per ounce
B. $10 per ounce
C. $1,000 per ounce
D. $0 per ounce
Answer: B
Explanation:
Explanation
The most loss the fund manager can bear without facing a margin call is the loss that will make his margin balance account no lower than $4,000. This means he can have a loss of upto $1,000 before a margin call is triggered, implying that prices can fall by $10 per ounce (=$1,000/100 ounces per contract) without triggering a margin call. The margin call will be to top the margin up to the $5,000 initial margin.

NEW QUESTION: 2
Penetration tests are sometimes called white hat attacks because in a pen test, the good guys are attempting to break in. What are the different categories of penetration testing? Each correct
answer represents a complete solution. Choose all that apply.
A. Zero-knowledge test
B. Partial-knowledge test
C. Full-knowledge test
D. Full-box
E. Closed-box
F. Open-box
Answer: A,B,C,E,F
Explanation:
The different categories of penetration testing are as follows: Open-box: In this category of penetration testing, testers have access to internal system code. This mode is basically suited for Unix or Linux. Closed-box: In this category of penetration testing, testers do not have access to closed systems. This method is good for closed systems. Zero-knowledge test: In this category of penetration testing, testers have to acquire information from scratch and they are not supplied with information concerning the IT system. Partial-knowledge test: In this category of penetration testing, testers have knowledge that may be applicable to a specific type of attack and associated vulnerabilities. Full-knowledge test: In this category of penetration testing, testers have massive knowledge concerning the information system to be evaluated. Answer D is incorrect. There is no such category of penetration testing.

NEW QUESTION: 3
監査管理者に監査エンゲージメントレポートを承認させる主な理由は何ですか？
A. 適切な形式、文法、句読点を確認します。
B. 上級管理職がレポートの結論を支持していることを確認するため。
C. レポートの結果が実証されていることを検証します。
D. クライアントの懸念に適切に対処するため。
Answer: C