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NEW QUESTION: 1
Which three options are true about the Global Person model? (Choose three.)
A. Person records are global, independent of legal employers, and created only once for any person. If the person leaves the enterprise, the person's work relationships are terminated.
B. Person records are auto-archived two years after a person is terminated from an organization.
C. Person records hold information that is personal, such as name, date of birth, and disability information, or that may apply to more than one work relationship, such as national ID.
D. Person records cease to exist when a person is terminated from an organization.
E. Person records continue to exist even when the person has no current work relationships in the enterprise and no current contact relationships with other workers.
Answer: A,C,E

NEW QUESTION: 2
Which of the following statements is a correct description of the phrase present value of a basis point?
A. It is another name for duration
B. It refers to the present value impact of 1 basis point move in an interest rate on a fixed income security
C. It is the principal component representation of the duration of a bond
D. It refers to the discounted present value of 1/100th of 1% of a future cash flow
Answer: B
Explanation:
Explanation
This is a trick question, no great science to it. Remember that the 'present value of a basis point' refers to PV01, which is the same as BPV (basis point value) referred to in the PRMIA handbook. In other textbooks, the same term is also variously called 'DV01' (dollar value of a basis point). Remember these other terms too.
PV01, or the present value of a basis point, is the change in the value of a bond (or other fixed income security) from a 1 basis point change in the yield. PV01 is calculated as (Price * Modified Duration/10,000).
Therefore Choice 'a' is the correct answer.

NEW QUESTION: 3

A. sender_canonical_maps
B. alias_rewrite_maps
C. alias_maps
D. sender_rewrite_maps
Answer: A