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NEW QUESTION: 1
Marco needs to back up his Portal databases but the Portal needs to run at all times.
Which action should he ask the DBA to perform?
A. Make a hot backup.
B. Start with a cold backup and finish with a hot backup.
C. Make a cold backup.
D. Start with a hot backup and finish with a cold backup.
Answer: B

NEW QUESTION: 2
Which of the following is not an example of a risk concentration?
A. Location of a portfolio's assets in a single country but spread across different industries
B. Origination of a large number of SIVs with exposures to the same asset class, where the SIVs are separate legal entities without recourse to the originator
C. Large combined positions in assets affected by different risk factors that are highly correlated
D. Material amounts of treasury obligations held as collateral provided by a single counterparty
Answer: D
Explanation:
Explanation
Choice 'd' represents a risk concentration due to excessive exposure to a single country, even though spread across different industries as the risk factors (economy, exchange rate, interest rate, political risk etc) are the same for all companies in the country.
Choice 'a' represents a risk concentration because even though the risk factors are different, they are highly correlated and therefore effectively behave as one. These undetected correlations proved to be fatal to many financial institutions during the credit crisis.
Choice 'b' represents a risk concentration as was borne out by the recent credit crisis. Large banks had to take over the obligations of SIVs they had created, even though the SIVs were separate legal entities with no legally enforceable recourse to the originating bank. This had to be done for moral and reputational reasons, and banks had to absorb the losses of these supposedly separate vehicles.
Choice 'c' does not represent a risk concentration, in fact it is not a risk at all because it refers to collateral held, even though the collateral may have been provided by the same counterparty. In this case the risk is to the party providing the collateral (in case the party holding the collateral rehypothecates or sells the collateral and is unable to return it).
Therefore Choice 'c' is the correct answer.
The BCBS document on stress testing provides a very nice articulation of risk concentration, and the relevant text from that document is produced verbatim here: [Risk concentration] may arise along different dimensions:
single name concentrations; concentrations in regions or industries; concentrations in single risk factors; concentrations that are based on correlated risk factors that reflect subtler or more situation-specific factors, such as previously undetected correlations between market and credit risks, as well as between those risks and liquidity risk; concentrations in indirect exposures via posted collateral or hedge positions; concentrations in off-balance sheet exposure, contingent exposure, non-contractual obligations due to reputational reasons.

NEW QUESTION: 3
Enabling additional users to handle administrative tasks for a particular object is referred to as:
A. Assignment
B. Delegation
C. Redirection
D. Targeting
Answer: B
Explanation:
Explanation/Reference:
Explanation:
In computing Delegation of Control is assigning a person or group specific administrative permissions for an Organizational Unit.

NEW QUESTION: 4
You need to deploy the Edge Servers in the Rome location.
Which action should you suggest before publishing the topology?
A. Change the External A/V Edge NAT-enabled public address.
B. Change the server locale to Italian.
C. Change the server name of the Edge Server in Rome.
D. Enable Direct Access on the Edge Server for users in the Americas region.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The same IP (64.4.6.100) is used for both the London and Rome External A/V Edge NAT-enabled public addresses. One of them needs to be corrected.