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TDVCL2 real exams

Exam Code: TDVCL2

Exam Name: Associate VantageCloud Lake 2.0 Exam

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
What is strategic planning?
A. It establishes the budget for the organization.
B. It consists of decisions to use parts of the organization's resources in specified ways.
C. It establishes the resources that the plan will require.
D. It establishes the general direction of the organization.
Answer: D
Explanation:
Choice "a" is correct. Strategic planning is the creation of an overall strategic plan for an organization to
achieve its overall "business objectives." The strategic plan will establish the general direction of the
organization.
Choice "b" is incorrect. Strategic planning will not establish the resources that the plan will require.
The resources that the plan will require are part of the implementation of the strategic plan, not part of the
plan itself.
Choice "c" is incorrect. Strategic planning will not establish the budget for the organization.
Budgets are even further down implementing the plan than are the resources that the plan will require.
Choice "d" is incorrect. Strategic planning does not consist of decisions to use parts of the organization's
resources in specified ways. Again, these decisions are part of the implementation of the strategic plan,
not part of the plan itself.

NEW QUESTION: 2
If a broker refers to "the payer of 5-year euro at 4.12", what is this party doing?
A. Paying a 5-year euro deposit and receiving a rate of interest of 4.12% on an actual/360 basis. Taking a 5-year euro deposit and paying a rate ol interest of 4.12% on an actual/360 basis.
B. Paying a fixed rate of 4.12% per annum on a 30/360 basis over 5 years in euros through an interest rate swap in exchange for receiving a floating rate of 6-month Euribor on an actual/360 basis reset semi-annually and paid in arrears.
C. Paying a fixed rate of 4.12% per annum on an actual/actual basis over 5 years in euros through an interest rate swap in exchange for receiving a floating rate of 6-month Euribor on an actual/360 basis reset semi-annually and paid in arrears.
Answer: B

NEW QUESTION: 3
Which programming language do you use for streaming projects?
Please choose the correct answer.
Response:
A. JavaScript
B. SQLScript
C. SQL
D. CCL
Answer: D

NEW QUESTION: 4
Reviews Consider the following list of statements about audits and management reviews: I.Audits are usually more effective than management reviews at finding defects
II. Audits and management reviews have the same main goals, the only difference is related to the roles and level of formality
III. A typical outcome of an audit includes observations and recommendations, corrective actions and a pass/fail assessment
IV. An audit is not the appropriate mechanism to use at the code review in order to detect defects prior to dynamic testing Which of the following statements is true?
Number of correct responses: 1 K21 credit
A. III. and IV. are true; I and II are false;
B. I. and III. are true; II. and IV. are false;
C. I, III and IV are true; II. is false;
D. II. and III are true; I. and IV. are false;
Answer: A

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