All of the Following Statements Are TRUE About the Current

question 46

Multiple Choice

All of the following statements are TRUE about the current business drivers for dashboard initiatives EXCEPT ________.

• A)the need to recruit the best employees
• B)the need to gain visibility into key business processes
• C)the need for one view of the business date
• D)improved timeliness and accuracy of business decisions

---

Definitions:

Speculative Forward Contract

A financial derivative used to speculate on the future price of an asset, involving an agreement to buy or sell the asset at a future date for a price determined today.

Fair Value Hedge

A risk management technique that uses financial instruments to mitigate the risk associated with changes in the fair value of an asset or liability.

Firm Commitment

An agreement between a buyer and an underwriter in which the underwriter guarantees the sale of a certain amount of securities.

Cash Flow Hedge

A hedging strategy used to manage risk associated with variability in cash flows, typically related to interest rates or currency exchange rates.