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NEW QUESTION: 1
The marketable securities with the least amount of default risk are:
A. Federal government agency securities.
B. Repurchase agreements.
C. Bankers' acceptances.
D. U.S. treasury securities.
Answer: D
Explanation:
Choice "b" is correct. Default risk is the risk that the security will not be repaid because the issuing entity is
insolvent or illiquid. U.S. Treasury securities are issued by the Treasury Department, which has virtually
no risk of being insolvent or illiquid. Choice "a" is incorrect. Securities issued by certain federal
government agencies carry slightly more default risk than U.S. treasuries because these agencies are
(usually) not as large or liquid as the U.S. Treasury. Choice "c" is incorrect. Repurchase agreements are
sales by dealers in government securities who agree to repurchase these securities at a specific time and
price. The risk of default is high because it is based upon the ability of the dealer to repurchase the
securities. Choice "d" is incorrect. Bankers' acceptances are drafts drawn on a bank, which guarantees
payment at maturity. The default risk is higher because the execution of the acceptance is based upon the
solvency of the bank.

NEW QUESTION: 2
A table named Profits stores the total profit made each year within a territory. The Profits table has columns named Territory, Year, and Profit. You need to create a report that displays the profits made by each territory for each year and its preceding year. Which Transact-SQL query should you use?
A. SELECT Territory, Year, Profit, LEAD(Profit, 1, 0) OVER(PARTITION BY Year ORDER BY Territory) AS NextProfit FROM Profits
B. SELECT Territory, Year, Profit, LAG(Profit, 1, 0) OVER(PARTITION BY Territory ORDER BY Year) AS NextProfit FROM Profits
C. SELECT Territory, Year, Profit, LEAD(Profit, 1, 0) OVER(PARTITION BY Territory ORDER BY Year) AS NextProfit FROM Profits
D. SELECT Territory, Year, Profit, LAG(Profit, 1, 0) OVER(PARTITION BY Year ORDER BY Territory) AS NextProfit FROM Profits
Answer: B
Explanation:
Reference: http://msdn.microsoft.com/en-us/library/hh231256.aspx Reference: http://msdn.microsoft.com/en-us/library/hh213125.aspx

NEW QUESTION: 3
The swap file is described as which of the following?
A. The hidden file created when in hibernation mode.
B. A hidden file created when moving files on a computer.
C. A file created when downloading a program from the web.
D. A system file containing the computer's virtual memory.
Answer: D