ServiceNow CAD Q&A - in .pdf

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  • Exam Code: CAD
  • Exam Name: Certified Application Developer-ServiceNow
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
The decision components used on the strategy canvas can be individually configured Which function is available when configuring the Group By component?
A. Multiply
B. Average
C. True if Some
D. Divide
Answer: B

NEW QUESTION: 2
You define a class by using the following code:

You write the following code for a method (line numbers are included for reference only):

To answer, complete each statement according to the information presented in the code.

Answer:
Explanation:

Explanation


NEW QUESTION: 3
A UK based company is due to receive US$6,000,000 in three months from its American customer. It wants to hedge this receipt and has found an appropriate futures market based in the USA, where the value of one futures contract is EUR62,500. The current futures price is US$1.7778 per UK sterling.
How many contracts would the company buy or sell in order to hedge the exposure?
A. Buy 54 futures contracts
B. Buy 96 futures contracts
C. Sell 96 futures contracts
D. Sell 54 futures contracts
Answer: A

NEW QUESTION: 4
A and B are efficient portfolios. Then,
A. A combination of investments in A and B is necessarily an efficient investment.
B. A and B have the same risk-to-reward ratio, OR A and B must have the same risk.
C. if A has a higher expected return, it must have a lower risk.
Answer: A
Explanation:
An efficient frontier is made up of portfolios which have the highest expected return for a given level of risk and the lowest level of risk for a given level of expected returns. Hence, if A has a higher expected return, it must have a higher risk. However, this does not mean that A cannot have a higher risk-to-reward ratio. Finally, a combination of two efficient portfolios is always efficient (property of the frontier).

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