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NEW QUESTION: 1
What are two reasons to implement Cisco IOS MPLS Bandwidth-Assured Layer 2 Services?
(Choose two.)
A. enabled services over an IP/MPLS infrastructure, for enhanced MPLS Layer 2 functionality
B. increased resiliency through MPLS FRR for AToM circuits and better bandwidth utilization through MPLS TE
C. guaranteed bandwidth and peak rates as well as low cycle periods, regardless of which systems access the device
D. provided complete proactive protection against frame and device spoofing
Answer: A,B
NEW QUESTION: 2
マスタレコード(G / Lアカウント、顧客、または仕入先)のソートキーフィールドによって自動的に入力される行項目フィールドはどれですか?
正解を選択してください。
応答:
A. 文書通貨での金額
B. 割り当て
C. アイテムテキスト
D. トランザクションが属する請求書の番号
Answer: B
NEW QUESTION: 3
プロジェクトマネージャーは、新しいプロジェクトのプロジェクトチャーターを準備しながら、以前のプロジェクトから学んだ教訓をレビューします。学んだ教訓のドキュメントには、プロジェクトの目的に対する低いエンゲージメントレベルと利害関係者の不一致に関する頻繁な問題が示されています。
新しいプロジェクトでこの問題が繰り返されないようにするには、プロジェクトマネージャーは何をすべきですか?
A. 個々の利害関係者から提供されたすべての要件を収集し、作業分解構造(WBS)に含めます。
B. 関係者がプロジェクトのいつでも変更管理委員会(CCB)に参加できるようにします。
C. すべての利害関係者を、成果物の受け入れに関する責任割り当てマトリックス(RAM)に含めます。
D. 承認されたプロジェクト憲章に記載されている主要な成果物について、利害関係者の間で共通の理解を構築します。
Answer: D
NEW QUESTION: 4
Somerset Investment Limited is a Singapore-based money management firm that is conducting an appraisal of its investment performance. Cameron Li, CFA, has been charged with conducting the appraisal, and is to report back to upper management with his findings.
Li is convinced that trade executions play a substantial role in overall portfolio performance, particularly for funds that have a relatively high level of turnover during the year. As a result, he is seeking methods that will allow him to evaluate the quality of trade executions.
He knows that the firm's traders use both market and limit orders, and he is wondering if a framework can be developed to ensure that the best order type is used under the specific circumstances for each trade.
When he consults with the firm's head trader, Rick Gleeson, Gleeson tells him that market orders have price uncertainty but no execution uncertainty, while limit orders eliminate price uncertainty but have execution uncertainty. According to Gleeson, rebalancing and liquidity-motivated trades should use limit orders while value-motivated and information-motivated trades should use market orders.
Li knows that bid-ask spreads are a major component of trading costs, and asks Gleeson for some recent trade data that he can use for analysis and presentation to management. He receives the following data relating to a series of buy trades for Sumatra Natural Resources (SNR), with all currency values in Singapore dollars:
Trades of Sumatra Natural Resources
Gleeson also tells Li that the portfolio manager had originally made the decision to purchase 5,000 SNR at
10:00 a.m. when the price was $22.36. The closing price for the day was Leeson's last trade at $22.65, at which point the order for the remaining 2,000 shares was cancelled.
Which of the following statements concerning implementation shortfall and VWAP is incorrect?
A. Implementation shortfall must be adjusted to accurately account for movements in the general market.
B. VWAP is more appropriate for small trades in non-trending markets.
C. Implementation shortfall is greater than zero if any portion of the original order goes unfilled and is cancelled.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In general, implementation shortfall will be positive (i.e., profits will be foregone) if prices are rising when rhe trader is attempting to buy, or if prices are falling when the trader is attempting to sell, and all of the order is not completed. Cancellation of a buy order prior to a fall in price, or cancellation of a sell order prior to a rise in price will give rise ro a negative implementation shortfall (i.e., the trader will be made better off by the cancellation). (Study Session 16, LOS 45.f)
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