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156-582 Exam Simulator
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NEW QUESTION: 1
Which type of user completes the New Employee Step?
Please choose the correct answer.
Response:
A. Hiring Manager
B. New Hire
C. Corporate Representative
D. Recruiter
Answer: B

NEW QUESTION: 2
An application developer is integrating with an existing web service. The developer already has an XML file that represents the request to be sent to the web service. In addition, the developer needs to store the response as an XML file for further processing. Which activity template should be used?
A. WS Inbound - Step
B. WS Inbound - Initiate
C. Web Service
D. Dynamic Web Service
Answer: C

NEW QUESTION: 3
The dates on which the interest rate applicable to the floating rate leg of an interest rate swap is determined are called
A. interest rate dates
B. settlement dates
C. reset dates
D. trade dates
Answer: C
Explanation:
Explanation
The dates on which the interest rates applicable to the floating rate leg of an IRS are determined are called
'reset dates'. Choice 'c' is the correct answer, the other choices are incorrect. Settlement date is the date a transaction settles, normally a few days after the trade is done depending upon the market. Trade date is the date the terms of the transaction are agreed. (Settlement normally happens on T+n, where T is the trade date, and n the number of days to settlement as decided by agreement or market convention.)

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