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Exam Code: 1z1-071 (Updated 60 Q&As)
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What is true about Python packages? (Select two answers)
A. hashbang is the name of a built-in Python function
B. __pycache__is the name of a built-in variable
C. the__name__variable content determines the way in which the module was run
D. a package can be stored as a tree of sub-directories/sub-folders
Answer: A

This question will ask you to provide a missing option. Given the following SAS program:

What option must be added to the program to obtain a data set containing Pearson statistics?
A. OUTPUT=estimates
B. OUTSTAT=estimates
C. OUTCORR=estimates
D. OUTP=estimates
Answer: D

The investment opportunity schedule IOS) shows, in rank order, how much money the entity would invest at different rates of return. Such schedules can be drawn only for a set of projects that:
A. Are mutually exclusive.
B. Are independent.
C. Have the same net present value.
D. Have the same investment cost.
Answer: B
An IOS schedule is drawn for a set of independent projects. The decision to be made is whether to accept or reject each project without regard to other investment opportunities. Thus, the cash flows of one independent project are not influenced by those of another. Independence should be distinguished from mutual exclusivity.

Projects are mutually exclusive if acceptance of one requires rejection of the other.
An entity has the following three investment projects available:
The entity has a 4O f debt and 60 l equity capital structure. Each monetary unit of
investment funds will be raised in these proportions .40 of debt and .60 of equity). The
marginal cost of financing increases with the amount of new funds raised, as follows:

These investment opportunities and financing costs are shown in the graph below.

MCC=Marginal cost of capital IOS=Investment opportunity schedule

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