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NEW QUESTION: 1
Which occurs when theP3Oimplementation programme is closed?
A. Blueprint is produced to document processes
B. Vision Statement is refined to reflect delivery
C. P3Ocapability becomes business as usual
D. Risks to the implementation are captured
Answer: C
NEW QUESTION: 2
A. 0
B. 1
C. 2
D. 3
Answer: B
NEW QUESTION: 3
By market convention, which of the following currencies are not quoted in terms of 'direct quotes' versus the USD?
A. EUR
B. INR
C. CAD
D. KWD
Answer: A
Explanation:
Remember how exchange rates are generally quoted. Most exchange rates are quoted in terms of how many foreign currencies does USD 1 buy. Therefore, a rate of 99 for the JPY means that USD 1 is equal to JPY 99.
These are called 'direct rates'. However, there are four major world currencies where the rate quote convention is the other way round - these are EUR, GBP, AUD and NZD. For these currencies, the FX quote implies how many US dollars can one unit of these currencies buy. So a quote of "1.1023" for the Euro means EUR 1 is equal to USD 1.1023 and not the other way round.
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