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NEW QUESTION: 1
Which of the following statements is true about person accounts in backup exports?
A. If your organization uses person accounts and you’re exporting contacts, person account records are included in the contact data. However, the contact data only includes the fields shared by contacts and person accounts.
B. If your organization uses person accounts and you’re exporting contacts, person account records are not included in the contact data.
C. If your organization uses person accounts and you’re exporting contacts, person account records are included in the contact data. The export includes all fields from person accounts.
Answer: A

NEW QUESTION: 2
Which of the following statements is least accurate with respect to the various measures of duration?
A. For low levels of yield, the effective duration of a callable bond will the highest among all the measures of duration.
B. Effective duration may be used for all sorts of bonds.
C. Modified duration and Macaulay duration do not take into account the call risk associated with the bond.
Answer: A
Explanation:
For low levels of yield, the effective duration of a callable bond will the lowest among all the measures of duration. Effective duration takes into account that the bond may be called anytime soon, thus producing a shorter measure, whereas the other duration measures assume that the bond will be held to maturity.

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