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CPA-21-02 Exam Simulator
  • Exam Code: CPA-21-02
  • Exam Name: CPA - C++ Certified Associate Programmer
  • Version: V12.35
  • Q & A: 40 Questions and Answers
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NEW QUESTION: 1
If a firm borrows $500,000 at 10 percent and is required to maintain $50,000 as a minimum compensating
balance at the bank, what is the effective interest rate on the loan?
A. 11.0 percent.
B. 9.1 percent.
C. 11.1 percent.
D. 12.2 percent.
Answer: C
Explanation:
Choice "a" is correct. 11.1% effective interest rate on loan.

This question pertains to the computation of the effective rate of interest on a $500,000 note with a 10%
stated rate that requires a $50,000 compensating balance. The answer computes the effective rate at
1 1.1% by taking the ratio of the amount paid $50,000 to the funds available $450,000 ($500,000 $50,000).
Why would the $50,000 in interest payments not also be deducted in arriving at the effective rate? The
simple answer is that the note is not discounted by the interest. It is only subject to the compensating
balance. The borrower receives $500,000 in proceeds but must hold out $50,000 and pay back $550,000,
principal + interest, to the lender. At the conclusion of the loan, the compensating balance requirement is
removed.

NEW QUESTION: 2
今後、営業担当者は、販売組織、流通チャネル、インコタームズ(パート1)、および仕向国に基づいて、運賃を条件レコードとして維持できるようになるはずです。現在、このレベルのメンテナンスは、システムではまったくサポートされていません。
この機能を条件更新で使用できるようにするには、カスタマイジングでどのオブジェクトを更新する必要がありますか?
A. 条件テーブル
B. 条件タイプ
C. 検索順序
D. 価格設定手順
Answer: A

NEW QUESTION: 3
展示を参照してください。

XtremIOの命名規則に基づいて、番号6のポートの正しい名前は何ですか?
A. X1-BBU1-出力
B. X1-BBU1-入力
C. X1-BBU2-入力
D. X1-BBU2-出力
Answer: C

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