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NEW QUESTION: 1
After creating a compensation plan and eligibility profiles, you are currently modeling the budget allocation.
The HR manager informs you that one employee under Supervisor 1 has been seconded to a different country on a temporary basis with no changes to his employment terms and that this employee must be removed from the budgeting exercise.
What is the correct way of achieving this? (Choose the best answer.)
A. Use the Include check box next to the employee's name in the Budget worksheet to exclude the employee from the cycle.
B. Modify the eligibility profile by using a formula to exclude the employee from appearing under Supervisor 1. After the compensation cycle is completed, revert the eligibility profile to its original from, if needed.
C. Use the Edit button in the Employee's included area while creating a model to exclude the employee.
D. Advise Supervisor 1 not to allocate any compensation for the employee. In the meanwhile, manually adjust the budget allocated to Supervisor 1 to exclude the employee's amount.
Answer: D
NEW QUESTION: 2
Which of the following statements about endogenous and exogenous types of liquidity are accurate?
I. Endogenous liquidity is the liquidity inherent in the bank's assets themselves.
II. Exogenous liquidity is the liquidity provided by the bank's liquidity structure to fund its assets and maturing liabilities.
III. Exogenous liquidity is the non-contractual and contingent capital supplied by investors to support the bank in times of liquidity stress.
IV.
Endogenous liquidity is the same as funding liquidity.
A. I, II
B. I, III
C. II, III
D. I, II, IV
Answer: A
NEW QUESTION: 3
Which of the following statement(s) is/are incorrect?
A. Neither (i) nor (ii)
B. Both (i) and (ii)
C. Only (ii)
D. Only (i)
Answer: A
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