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NEW QUESTION: 1
What is a true statement in regards to creating custom report types?
A. Any object can be chosen unless the object is no visible to the person creating the report type through security settings
B. The detail object in a master- detail relationship cannot be added as a secondary object on a custom report type
C. Once a report type is saved with a standard or custom primary object, the primary object cannot be changed for that report type.
D. When the primary object is a custom object and is deleted, then the report type and any reports created from it must be deleted manually.
Answer: C
NEW QUESTION: 2
Sharon Foster, 56, is an executive at a large Biotech firm. Foster plans to retire in five years, to travel and spend time with her grandchildren. Foster is in excellent health, although her husband died several years ago. Foster's only significant asset is her employer's 401(k) retirement plan. Her salary is more than adequate to cover her living expenses until she retires, but she does not anticipate that she will accumulate any additional savings beyond her retirement account. The balance in her account currently is $3.2 million, but Foster estimates that by the time she retires the account will have grown to $4.5 million. She expects that her pretax living expenses, including a liberal travel budget, will be $150,000 per year, beginning when she retires. She is willing to take risk to achieve her financial goals. Her retirement account is currently invested 80% in stocks and 20% in bonds. Foster estimates her post-retirement income tax rate to be 35%, which is about the same as her current tax rate.
As she is starting to plan her retirement, Foster has turned to her longtime friend, Don Welch, CFA, who is a portfolio manager at Scientific Investments, LLC. Welch is considering three different mutual funds for Foster's account. All three are well-diversified funds of large capitalization stocks. The expected returns and standard deviations of each fund are shown below in Exhibit 1. Welch assumes a risk-free rate of return of 3.0%.
Welch believes in stock market efficiency, but he also believes that individual securities are mispriced by the market from time to time. He has recently reviewed research related to the Treynor-Black (TB) model of security selection and portfolio optimization. Welch refers to a prospectus from Fund D, which uses the TB framework in developing its portfolios. In discussing their use of the TB model, the prospectus cites an example where an active portfolio of five stocks is combined with a passive, index portfolio. The portfolio weights of the stocks are in Exhibit 2.
Welch further notes that the beta of the active portfolio is 0.90, although the standard deviation of the portfolio's returns is high. Of the five stocks shown in the portfolio, three have positive alphas, and two have negative alphas. A footnote to the sample data states that the sample assumes that the analysts* alpha forecasts are perfect.
Welch is reviewing Foster's account, together with the mutual fund data, in an attempt to develop a long- term investment plan for Foster.
In preparing an investment policy statement for Foster, which of the following best describes her post- retirement risk tolerance?
A. Resolution needed.
B. Below average.
C. Above average.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Foster's risk tolerance consists of two components, her ability to take risk and her willingness to take risk.
Her willingness is high, as she will accept the risk necessary to meet her financial goals. However, after her retirement, her ability is relatively low, as she needs $150,000 per year after taxes for her living expenses. This figure does not include any adjustment for inflation. This translates to a pre-tax return of
150,000 / (1 - 0.35) = $230,769 or a yield of 230,769 / $4,500,000 = 5.1% on her portfolio. This is a significant income need and limits the risk tolerance of the portfolio. The large income requirement will mean allocating more assets to income producing securities in lieu of securities with higher capital gain potential. Thus, a resolution is needed between Fosters willingness to accept risk and her below average ability to take risk. (Study Session 18, LOS 68.c)
NEW QUESTION: 3
Add 3 users: harry, natasha, tom.
The requirements: The Additional group of the two users: harry, Natasha is the admin group. The user: tom's login shell should be non-interactive.
Answer:
Explanation:
see explanation below.
Explanation
# useradd -G admin harry
# useradd -G admin natasha
# useradd -s /sbin/nologin tom
# id harry;id Natasha (Show additional group)
# cat /etc/passwd
(Show the login shell)
OR
# system-config-users
NEW QUESTION: 4
You have an Exchange Server 2013 organization that has Unified Messaging (UM)
enabled for all mailboxes.
The organization is configured to use an IP gateway to connect to a legacy PBX.
An administrator recently performed some configuration changes.
After the changes, users report that their voice mail is no longer being delivered to their Exchange Server mailbox. The users do not report any other problem.
You need to identify which configuration change causes the issue.
Which cmdlet should you run?
A. Test-UMConnectivity
B. Test-CsExUMConnectivity
C. Test-CsExUMVoiceMail
D. Test-ExchangeUMCallFlow
Answer: A
Explanation:
Use the Test-UMConnectivity cmdlet to test the operation of a Mailbox server computer running the Microsoft Exchange Unified Messaging service.
Two diagnostic tests are designed to test the operation of the Microsoft Exchange Server 2013 Mailbox server software (mode 1) and the operation of the whole system that includes the connected telephony components (mode 2). The Test-UMConnectivity cmdlet can be used to test the operation of a Mailbox server and related connected telephony equipment. When you run this cmdlet and include the UMIPGateway parameter, the Mailbox server tests the full end-to-end operation of the Unified Messaging system. This test includes the telephony components connected to the Mailbox server, such as IP gateways, Private Branch eXchanges (PBXs), and cabling. If the UMIPGateway parameter isn't specified, the Mailbox server tests only the operation of the Unified Messaging components that are installed and configured on the server.
Incorrect: Not B: Test-CsExUMConnectivity Verifies that a test user can connect to Exchange Unified Messaging. This cmdlet was introduced in Lync Server 2013. Not C: Test-ExchangeUMCallFlow Use the Test-ExchangeUMCallFlow cmdlet to test call flow between Client Access servers running the Microsoft Exchange Unified Messaging Call Router service, Mailbox servers running the Microsoft Exchange Unified Messaging service, VoIP gateways, IP PBXs, Session Initiation Protocol (SIP) servers and Microsoft Lync Server.
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