Questions and Answers: 166
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NEW QUESTION: 1
ABC Company uses serial numbers for the following transactions:
1.Purchase order receipt
2.Miscellaneous receipt
3.Account alias receipt
The company wants to reuse the same serial numbers for work order completion transactions.
Which setup would allow it to reuse the same serial numbers?
A. INV: Validate Returned Serial: Yes
B. INV: Validate Returned Lot: Yes and INV: Validate Returned Serial: No
C. INV: Validate Returned Serial: No
D. INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: No
E. INV: Restrict Receipt of Serials: No
F. INV: Restrict Receipt of Serials: Yes
G. INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: Yes
Answer: E
NEW QUESTION: 2
Due to increased price volatility a vendor asks the project manager to make a price change that will affect the project contract What should the project manager do next?
A. Ask the change control board (CCB) for approval
B. Evaluate the impact, then update the risk register project management plan and budget
C. Submit a change request and analyze the impact
D. Execute the approved change
Answer: C
NEW QUESTION: 3
A denial of Service (DoS) attack works on the following principle:
A. Host systems cannot respond to real traffic, if they have an overwhelming number of incomplete connections (SYN/RCVD State).
B. All CLIENT systems have TCP/IP stack implementation weakness that can be compromised and permit them to lunch an attack easily.
C. MS-DOS and PC-DOS operating system utilize a weaknesses that can be compromised and permit them to launch an attack easily.
D. A server stops accepting connections from certain networks one those network become flooded.
E. Overloaded buffer systems can easily address error conditions and respond appropriately.
Answer: A
Explanation:
Denial-of-service (often abbreviated as DoS) is a class of attacks in which an attacker attempts to prevent legitimate users from accessing an Internet service, such as a web site. This can be done by exercising a software bug that causes the software running the service to fail (such as the "Ping of Death" attack against Windows NT systems), sending enough data to consume all available network bandwidth (as in the May, 2001 attacks against Gibson Research), or sending data in such a way as to consume a particular resource needed by the service.
NEW QUESTION: 4
A fund manager buys a gold futures contract at $1000 per troy ounce, each contract being worth 100 ounces of gold. Initial margin is $5,000 per contract, and the exchange requires a maintenance margin to be maintained at $4,000 per contract. Prices fall the next day to $980. What is the margin call the fund manager faces in respect of daily variation margin ?
A. $2000
B. $1000
C. $0
D. $7000
Answer: A
Explanation:
Explanation
The loss to the fund manager is $20*100 = $2,000. The initial margin placed was $5,000. After the loss is charged to his account, the margin balance is only $3,000 ($5,000 - $2,000). The margin to be maintained is
$5,000. Therefore the margin call is $2,000.
Note that there would have been no margin call till the balance in the margin account had reduced to the
'maintenance' level of $4,000. So if the price had fallen by $5, and the loss had been $500, there would have been no margin call. But when the margin call would be made, it would require the balance to be brought up to the initial margin of $5,000 (and not the maintenance margin of $4,000).