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Exam Code:
NISM-Series-VII
Exam Name:
NISM Series VII - Securities Operations and Risk Management Certification
Questions:
94 Q&A
Product Type:

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NEW QUESTION: 1
You are modifying a SQL Server Analysis Service (SSAS) cube.
The cube consists of a single measure group that contains the following measures:
Total Quantity On Hand
Average Quantity On Hand
The measure group has a single partition that uses the MOLAP storage mode.
You need to modify the cube design to ensure that the Total Quantity On Hand measure is updated in real-time and that Average Quantity On Hand measure is updated hourly.
What should you do?
A. Create a new measure group for the Total Quantity On Hand measure. Configure the storage mode for the new measure group's partition to ROLAP.
B. Create a new measure group for the Average Quantity On Hand measure. Configure the storage mode for the new measure group's partition to ROLAP.
C. Create an XMLA script that will process the cube and then use SQL Server Agent to execute the script continuously.
D. Change the storage mode of the partition to use proactive caching with minimum latency.
Answer: A

NEW QUESTION: 2
If an independent auditor has not become satisfied by means of other auditing procedures with respect to opening inventories, they should
A. either disclaim an opinion on the statement of income or qualify the opinion thereon, depending on the degree of materiality of the amounts involved.
B. express an adverse opinion on the statements taken as a whole when the amount in question is material.
C. either disclaim an opinion on the statement of income or qualify the opinion thereon, regardless of the degree of materiality of the amounts involved.
D. disclaim an opinion or qualify the opinion on the statements as a whole.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
If the auditor has become satisfied as to current inventory, the auditor may use alternative procedures to become satisfied as to opening inventories. But if they cannot become satisfied regarding inventories, a qualified opinion or a disclaimer of opinion may be expressed, depending on materiality. Because cost of goods sold is dependent on opening inventories, an unqualified opinion on the income statement is not possible.

NEW QUESTION: 3
Ann, a technician, wants to implement a single protocol on a remote server which will enable her to encrypt and proxy all of her traffic though the remote server via SOCKS5.
Which of the following should Ann enable to support both encryption and proxy services?
A. TLS
B. HTTPS
C. SSH
D. IPSEC
Answer: C

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