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NEW QUESTION: 1
Which of the following types of attack is being used when an attacker responds by sending the MAC address of the attacking machine to resolve the MAC to IP address of a valid server?
A. IP spoofing
B. Session hijacking
C. ARP poisoning
D. Evil twin
Answer: C
Explanation:
Explanation
An ARP spoofing, also known as ARP poisoning, is a Man in the Middle (MitM) attack that allows attackers to intercept communication between network devices. The attack works as follows: The attacker must have access to the network.

NEW QUESTION: 2
Toni Morrison, CFA, a manager for Sierra Fund, is investigating the use of relative value methodologies for global corporate bond portfolio management. As a recent college graduate, Bernard Tabler has been assisting Morrison in data gathering and analysis.
Morrison is a firm believer that corporate yield spreads have a tendency to revert to their historical mean values. Accordingly, Tabler has compiled relevant information for three corporate issues. Morrison and Tabler use the information below to conduct mean reversion analysis.

Note: All spreads are expressed in basis points.
Morrison's research has also included a study of the implications of secular and cyclical changes in the primary corporate bond market. As a result of her research, she states that the implication of both cyclical and secular changes in the primary corporate bond market for fixed-income portfolio management is that effective duration and aggregate interest rate risk will increase. Tabler adds that it also appears that credit- based derivatives will increasingly be used to achieve desired exposure to credit sectors, issuers, and structures.
During the presentation to a client, Morrison discusses corporate curve analysis. He states that corporate spread curves tend to change with the economic cycle, so in order to properly conduct this analysis the analyst must examine credit and yield curves carefully. Tabler adds that corporate spreads usually narrow during upturns and widen during downturns.
Morrison is also considering using repurchase agreements to fund some overnight investment activities.
Watching the financial news, she observes that the Federal Reserve has increased the federal funds rate to combat potential inflation. She notes that this will increase the borrowing costs of investment strategies using repurchase agreements. Tabler chimes in that the strategy's interest cost could be reduced by using hot collateral such as on-the-run U.S. Treasuries.
Morrison is also providing advice to a client on the best way to hedge a floating rate loan using a swap.
The client is paying 120 basis points over LIBOR. Morrison suggests that the client enter a 5-year LIBOR- based swap. The swap fixed rate is 100 basis points over the U.S. Treasury rate. The floating rate is LIBOR flat. LIBOR is 5.60% and the Treasury rate is 5.20% when this swap is being considered.
Regarding their statements on the implications of secular and cyclical changes in the primary corporate bond market, determine if Morrison and Tabler are correct or incorrect.
A. Only Morrison is correct.
B. Only Tabler is correct.
C. Both are incorrect.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Implication of cyclical and secular changes in che corporate bond market include:
Securities with embedded options will command a premium due to their scarcity, and the percentage of long-term issues will decline. Thus, Morrison is incorrect. Effective duration and aggregate interest rate risk sensitivity will decline. Asset/liability managers with long horizons may be willing to pay premiums for long- term bonds.
Tabler's statement is correct. Credit-based derivatives will be used increasingly to achieve desired exposures to credit sectors, issuers, and structures. (Study Session 9, LOS 30.b)

NEW QUESTION: 3
A customer has placed a service call because RAID 6 cannot be configured on a Smart Array P420i controller using 4 disk drives. What is the most likely cause of the problem?
A. The customer needs a minimum of 6 disk drives to support RAID 6.
B. The battery backed cache option is not installed.
C. The P420i is Smart Array Controller is defective.
D. The P420i Smart Array Controller does not support RAID 6.
Answer: B
Explanation:
http://h18000.www1.hp.com/products/quickspecs/14228_na/14228_na.html

NEW QUESTION: 4
A staff auditor,nearly finished with an audit engagement,discovers that the director of marketing has a gambling habit. The gambling issue is not directly related to the existing engagement,and there is pressure to complete the current engagement. The auditor notes theproblem and forwards the information to the chief audit executive,but performs no further follow-up.
Which of the following statements is true about the auditor's actions?
A. They are in violation of the IIA Code of Ethics because the auditor withheld meaningful information.
B. They are in violation of the Standards because the auditor did not properly follow up on a red flag that might indicate the existence of fraud.
C. They are not in violation of the Standards but are in violation of the IIA Code of Ethics.
D. They are in violation of neither the IIA Code of Ethics nor the Standards.
Answer: D