CISI ICWIM Q&A - in .pdf

  • ICWIM pdf
  • Exam Code: ICWIM
  • Exam Name: International Certificate in Wealth & Investment Management
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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  • Exam Code: ICWIM
  • Exam Name: International Certificate in Wealth & Investment Management
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NEW QUESTION: 1
Which of the following statements is most correct?
A. If the IRR of Project A exceeds the IRR of Project B, then Project A must also have a higher NPV.
B. The modified internal rate of return (MIRR) can never exceed the IRR.
C. If a project with normal cash flows has an IRR which exceeds the cost of capital, then the project must have a positive NPV.
D. None of the answers are correct.
E. All of the answers are correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The IRR is the discount rate at which a project's NPV is zero. If a project's IRR exceeds the firm's cost of capital, then its NPV must be positive, since NPV is calculated using the firm's cost of capital to discount project cash flows.

NEW QUESTION: 2
Which of the following is NOT likely an issue a human resources professional would help a dual career
family to work though to determine the appropriateness of an international assignment for the family at that
time ?
A. How will the loss of income from one spouse impact the family and their finances?
B. Will the employee consider commuting instead of moving the whole family to the host country?
C. Will the accompanying spouse be able to find a job easily?
D. How will the host country workers respond to a same sex family?
Answer: D

NEW QUESTION: 3
A Security Manager is part of a team selecting web conferencing systems for internal use. The system will only be used for internal employee collaboration. Which of the following are the MAIN concerns of the security manager? (Select THREE).
A. Operating system compatibility
B. The cost of the solution
C. User authentication strategy
D. Security of data storage
E. System availability
F. PBX integration of the service
Answer: C,D,E

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