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Exam Code:
API-1169
Exam Name:
Pipeline Construction Inspector Exam
Questions:
94 Q&A
Product Type:

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NEW QUESTION: 1
Given the code fragment:

What is the result?
A. M001, Sam,
B. A NullPointerException is thrown at runtime
C. Compilation fails
D. M001, ,
E. M001, null, null
F. M001, Sam, ABC Inc (Frage unvolstandig!!!)
G. M001, Sam, null
Answer: F

NEW QUESTION: 2
Ann, a software developer, wants to publish her newly developed software to an online store. Ann wants to ensure that the software will not be modified by a third party or end users before being installed on mobile devices. Which of the following should Ann implement to stop modified copies of her software from running on mobile devices?
A. Single sign-on
B. Identity propagation
C. Secure code review
D. Remote attestation
Answer: D
Explanation:
Trusted Computing (TC) is a technology developed and promoted by the Trusted Computing Group. With Trusted Computing, the computer will consistently behave in expected ways, and those behaviors will be enforced by computer hardware and software. Enforcing this behavior is achieved by loading the hardware with a unique encryption key inaccessible to the rest of the system.
Remote attestation allows changes to the user's computer to be detected by authorized parties. For example, software companies can identify unauthorized changes to software, including users tampering with their software to circumvent technological protection measures. It works by having the hardware generate a certificate stating what software is currently running. The computer can then present this certificate to a remote party to show that unaltered software is currently executing.
Remote attestation is usually combined with public-key encryption so that the information sent can only be read by the programs that presented and requested the attestation, and not by an eavesdropper.

NEW QUESTION: 3
Zi Wang is a senior buy-side equity analyst with Shandong Securities. Wang must review the work of several of his junior colleagues before investment recommendations go to the Shandong portfolio managers. One recommendation from a junior analyst is given in Exhibit 1.

This same junior analyst e-mailed Wang, saying "I'm in a meeting and hate to bother you. I don't have my calculator or computer with me. We have a British stock with a current £4.00 dividend that is expected to grow at 40% per year for two years and then forever after at 6%, If we assume a required return of 12%, what is the value of this stock?" in a few minutes, Wang e-mails him back: "The British stock is worth £110.42" The junior analyst sends back a second e-mail. "Thanks. If we can buy this stock for £90, what rate of return would we get? Assume the same dividend pattern as in my first e-mail." Wang replies to the second e-mail: "I used trial and error and found an expected rate of return for the British stock of 12%." One of Shandong's portfolio managers asks Wang to clarify the PVGO (present value of growth opportunities) concept for him. Wang tells him, "PVGO is the part of a stock's total value that comes from future growth opportunities. PVGO is conventionally estimated as the market value per share minus the book value per share." The Shandong portfolio manager quickly follows up with two more requests. He says, "I need a couple of favors. First, could you describe the sustainable growth rate concept for us? We've been arguing about it among ourselves. And, second, could you review some highlighted phrases from a research report we received from one of our investment bankers? We aren't sure that the analyst who wrote this report is very competent." The highlighted phrases are:
Phrase 1: When calculating the justified P/E ratios based on a constant growth model like the Gordon model, the forward P/E should be greater than the trailing P/E.
Phrase 2: A free cash flow approach might be preferable when the company's cash flows differ substantially from dividends or the investor takes a control perspective.
Phrase 3: When the required rate of return increases, the value of a share of stock should decrease even if the stock's dividend has a negative growth rate.
How should Wang describe sustainable growth? "The sustainable growth rate is the rate of dividend and earnings growth that can be sustained for a given return on equity assuming that:
A. additional debt capital may be raised, keeping the capital structure constant."
B. no additional external capital is raised."
C. additional equity capital may be raised proportional to the amount of earnings retained."
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Sustainable growth is growth that can be achieved by retaining some earnings and keeping the capital structure (debt to equity) constant. (Study Session 11, LOS 40.o)

NEW QUESTION: 4
Which type of application has the following characteristics when it is installed?
- Runs continuously in the background by default when the startup type is set to automatic - Presents no user interface
A. Console-based
B. Windows Service
C. Batch file
D. Windows Forms
Answer: B

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