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NEW QUESTION: 1
An administrator creates an ACL rule with both the "count" and "log" option enabled. What is correct about the action taken by an AOS-CX switch when there is a match on this rule?
A. Logging will not include certificate and TLS events, but counting will
B. By default, a summarized log is created every minute with a count of the number of matches
C. The "count" and "log" options are processed by the AOS-CX switch's hardware ASIC
D. The total in the "log" record and the count could contain different rule matching statistics
Answer: D
NEW QUESTION: 2
Company A is producer of citrus-flavor products. Its most popular product is its key lime pies, which are made with many fine ingredients, including egg yolks. Company A also sells the egg whites that are left over from its production process. These egg whites are sold at any price that is greater than the cost of storing and delivering them. What is the pricing of the egg whites?
A. Product-bundle pricing.
B. By-product pricing.
C. Value pricing.
D. Captive-product pricing.
Answer: B
Explanation:
By-product pricing usually sets prices at any amount in excess of storing and delivering by-products. Such prices allow the seller to reduce the costs and therefore the prices of the main products.
NEW QUESTION: 3
Tamara Ogle, CFA, and Isaac Segovia, CAIA, are portfolio managers for Luca's Investment Management (Luca's). Ogle and Segovia both manage large institutional investment portfolios for Luca's and are researching portfolio optimization strategies.
Ogle and Segovia begin by researching the merits of active versus passive portfolio management. Ogle advocates a passive approach, pointing out that on a risk-adjusted basis, most managers cannot beat a passive index strategy. Segovia points out that there will always be a need for active portfolio managers because as prices deviate from fair value, active managers will bring prices back into equilibrium. They determine that Treynor-Black models permit active management within the context of normally efficient markets.
Ogle decides to implement Treynor-Black models in her practice and starts the implementation process. In conversations with her largest client's risk manager, Jim King, FRM, she is asked about separation theorem in relation to active portfolio management. She responds that separation theorem more properly relates to asset prices deviating from and gravitating toward their theoretical fair price. King next asks Ogle about the differences between the Sharpe ratio and the information ratio and the difference between the security market line (SML) and the capital market line (CML).
After reallocating her client portfolios based on using the Treynor-Black model, Ogle discusses the results with Segovia. Ogle states that she is satisfied with the current methodology, but given her preference for passive management, she is still concerned about relying on analyst's forecasts. Segovia tells Ogle that he will research methods for modifying the Treynor-Black model to account for analyst forecasts.
The information ratio for a tracking portfolio is:
A. expected to be zero.
B. equal to excess returns divided by the standard deviation of returns.
C. smaller when tracking error is greater.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The information ratio is active return divided by active risk and doesn't apply to a tracking portfolio. For a tracking portfolio, active return is zero as it is a passive portfolio with an expected return equal to that of the benchmark (index) it is designed to track. The Sharpc ratio is the slope of the CML. The covariance between the portfolio and the market divided by the variance of the market describes portfolio beta. {Study Session 18, LOS 64.m)
NEW QUESTION: 4
プロジェクトマネージャーは、主要な利害関係者がプロジェクトに参加していないことを懸念しており、最終製品は、利害関係者がより関与していた場合よりも良くないと結論付けています。左側のシナリオを正しいリスク対応戦略にドラッグします。右側に
Answer:
Explanation:
