In How Many Ways Can a 12-Question True-False Exam Be

question 39

Multiple Choice

In how many ways can a 12-question true-false exam be answered? (Assume that no questions are omitted.)

• A) 4096
• B) 65,536
• C) 524,288
• D) 1024
• E) 1,048,576

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Definitions:

Cash Flow Hedge

A financial strategy to mitigate the risk of future cash flow fluctuations, typically related to variable interest rates, foreign exchange rates, or commodity prices.

India Rupee

The India Rupee (INR) is the official currency of India, used as the medium of exchange within the country.

Fair Value Hedge

A hedging strategy used to protect against changes in the fair value of assets or liabilities.

Account Payable

The amount of money owed by a company to its creditors for goods or services that have been delivered or used, but not yet paid for.