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NEW QUESTION: 1
Which of the following statements best explains why internal auditors map processes?
1.To obtain audit evidence to support auditor's observations.
2.To determine scope and objectives of the audit.
3.To facilitate the identification of ownership and responsibility for key risks.
4.To identify potential efficiency improvements.
A. 2 and 4.
B. 1 and 3.
C. 1 and 2.
D. 3 and 4.
Answer: D
NEW QUESTION: 2
DRAG DROP
An HTML page has a CANVAS element.
You need to draw a red rectangle on the CANVAS element dynamically. The rectangle should resemble the following graphic.
How should you build the code segment? (To answer, drag the appropriate line of code to the correct location. Each line of code may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.) Select and Place:
Answer:
Explanation:
Explanation/Reference:
Explanation:
Example:
Drawing with JavaScript
<script>
var c = document.getElementById("myCanvas");
var ctx = c.getContext("2d");
ctx.fillStyle = "#FF0000";
ctx.fillRect(0,0,150,75);
</script>
Reference: HTML5 Canvas
http://www.w3schools.com/html/html5_canvas.asp
NEW QUESTION: 3
A 2-step binomial tree is used to value an American put option with strike 104, given that the underlying price is currently 100. At each step the underlying price can move up by 20% or down by 20% and the risk-neutral probability of an up move is 0.55. There are no dividends paid on the underlying and the discretely compounded risk free interest rate over each time step is 2%. What is the value of the option in this model?
A. 12.49
B. 11.82
C. 12.33
D. 12.78
Answer: A