PRMIA 8011 Q&A - in .pdf

  • 8011 pdf
  • Exam Code: 8011
  • Exam Name: Credit and Counterparty Manager (CCRM) Certificate Exam
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  • Exam Code: 8011
  • Exam Name: Credit and Counterparty Manager (CCRM) Certificate Exam
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NEW QUESTION: 1
Which of the following is/are true about trading securities?
I). They are current assets.
II). They are reported at fair market value.
III). Changes in their reported value are allocated directly to retained earnings.
A. II and III.
B. I, II and III.
C. I and II.
Answer: C
Explanation:
Marketable securities classified as "Trading securities" are financial securities purchased with the intent to sell in the near future. They are therefore categorized as current assets and reported at the fair market value on the date of the balance sheet. When the classification of a trading security is changed, the assignation of the security to the new account is carried out at the fair market value on the transfer date, with any gain or loss reflected separately on the income statement.

NEW QUESTION: 2
A restaurant has a case type that allows customer to book the dining room for events. Customers provide basic information including party size and indicate whether they want the restaurant to cater the event.
If the catering is not requires are given a rental rate quote.
If customers indicate that want the restaurant to cater the event, they must provide menu preferences and schedule an appointment to do menu before they are given a quote.
Which two options would you use to configure the case type to achieve the requested behavior? (Choose Two.)
A. Create a check box for customer to indicate whether they want the restaurant to cater the event. Create a selection with the menu preferences and scheduling feature that has a Visible when condition.
B. Create a process for providing menu preferences and scheduling the menu appointment. Create a parallel process for providing the customer with the rental rete quote.
C. Create a process for customers to indicate menu preference and schedule the menu testing appointment. Add the process as a case-wide optional action.
D. Create a check box for customer to indicate whether they want the restaurant to cater the event. Add a decision shape that evaluates whether the customer checks the box.
Answer: B,C

NEW QUESTION: 3
The gossip data dissemination protocol performs which three functions? (Choose three.)
A. Manages channel membership only
B. Manages peer discovery only
C. Disseminates ledger data across all peers on the channel
D. Sync ledger state across all peers on the channel
E. Sync ledger state across all peers on any channel
F. Manages peer discovery and channel membership
Answer: C,D,F
Explanation:
Explanation/Reference:
Explanation:
Gossip Protocol The gossip data dissemination protocol performs three functions Manages peer discovery and channel membership Disseminates ledger data across all peers on the channel Syncs ledger state across all peers on the channel.
Reference: https://hyperledger-fabric.readthedocs.io/en/v1.1.0-alpha/gossip.html

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