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NEW QUESTION: 1
You have a friend who works as a legal adviser to a firm which is about to be acquired at a significant premium to the current market price. He informs you of the upcoming acquisition and suggests that you purchase a significant number of shares. He says that while he is an insider, you can trade on the information because you are not.
A. You cannot trade on the information because your friend has breached fiduciary duty.
B. You cannot trade on the information because it is material and non-public.
C. You can trade on the information because you are not an insider.
Answer: B

NEW QUESTION: 2
You have a Microsoft Exchange Server 2019 organization.
All mailboxes are assigned the same mobile device mailbox policy.
You run the command as shown in the following exhibit.

Use the drop-down menus to select the answer choice that completes each statement based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Topic 1, Litware
Case Study
Case Study
This is a case study. Case studies are not timed separately. You can use as much exam time as you would like to complete each case. However, there may be additional case studies and sections on this exam. You must manage your time to ensure that you are able to complete all questions included on this exam in the time provided.
To answer the questions included in a case study, you will need to reference information that is provided in the case study. Case studies might contain exhibits and other resources that provide more information about the scenario that is described in the case study. Each question is independent of the other question on this case study.
At the end of this case study, a review screen will appear. This screen allows you to review your answers and to make changes before you move to the next sections of the exam. After you begin a new section, you cannot return to this section.
To start the case study
To display the first question on this case study, click the Next button. Use the buttons in the left pane to explore the content of the case study before you answer the questions. Clicking these buttons displays information such as business requirements, existing environment, and problem statements. If the case study has an All Information tab, note that the information displayed is identical to the information displayed on the subsequent tabs. When you are ready to answer a question, click the Question button to return to the question.
General Overview
Litware, Inc. is an international manufacturing company that has 3,000 employees. The company has sales, marketing, research, and human resources (HR) departments. The company is subject to regulatory compliance.
Physical Locations
Litware has a main office in New York and two branch offices in London and Paris.
All offices connect to each other by using a WAN link. The offices can only communicate with each other by using a point-to-point connection. Each office also connects directly to the Internet.
Active Directory
The network contains an Active Directory forest named litware.com. The forest contains a single domain. All domain controllers run Windows Server 2019.
Each office contains three domain controllers. Each office is configured as an Active Directory site.
Microsoft Exchange Server
Litware recently upgraded its entire messaging organization from Exchange Server 2013 to Exchange Server 2019. The organization now contains the servers shown in the following table.

No changes were made to the organization's configuration during the transition from Exchange Server 2013 and 2019.
The organization has a database availability group (DAG) that has the following configurations.

Litware standardizes mobile device access by using the iOS platform, the native Apple mail client, and Exchange ActiveSync.
The Exchange organization has the following Send connectors.

Business Model
User accounts must be deleted from Active Directory the day after a user's final date of employment.
Business Goals
As often as possible, Litware plans to minimize the legal fees associated with reviewing eDiscovery requests by purging data as quickly as possible.
Planned Changes
Litware plans to implement the following changes to the network.
* Use Messaging Records Management (MRM) to archive all mailbox items that are older than one year.
* The company announces a new partnership with another company named Fabrikam, Inc. Fabrikam also uses Exchange for email messaging. All the Litware users in the Paris office will be requird to receive email by using a fabrikam.com email address and must have this email address applied automatically to their mailbox.
Technical Requirements
* Litware identifies the following technical requirements for the messaging environment:
* Mobile devices must only sync items from the last 30 days.
* All user data must be wiped from a device reported as lost or stolen.
* Email items in a folder named Audits must be archived after 30 days.
* Users in the sales department must never have the items in their Notes folder archived.
* Whenever possible, email messages sent outside the organization must be routed through the Internet connection of the local office.
* If a WAN link fails, the high-availability architecture of the messaging environment must give preference to the WAN link in the New York office.

NEW QUESTION: 3
As an API Engineer you get a calendar invite for a backlog grooming session. What should you expect to take place in the meeting?
A. Review the high level design document and ask questions
B. Review and update the user stories and tasks in detail.
C. Review the Epics and meet the cross functional team
D. Update support tickets that have been sitting for x number of days
Answer: A

NEW QUESTION: 4
Simple Simon owns 1,000 shares in the Pasty Pie Corporation, which has just declared a stock dividend of
5%. Just prior to this announcement, Pasty Pie was selling for $10 a share. This announcement will:
A. increase the number of shares that Simple owns to 1,050, but this will not affect the market value of Simple's holdings.
B. increase Simple's cash by the amount of the dividend paid: 0.05 x $10 = $0.50 x 1,000 shares = $500.
C. increase the number of shares that Simple owns to 1,050, which will increase the market value of the shares that he owns from $10,000 to $10,500.
D. increase Pasty's shares outstanding and reduce Simple's proportionate ownership in the firm.
Answer: A
Explanation:
Explanation/Reference:
Explanation: If Simple Simon owns 1,000 shares of Pasty Pie Corporation when Pasty declares a 5% stock dividend, the stock dividend will increase his number of shares to 1,050, but it will not affect the market value of Simple's holdings since the market price per share will also decrease proportionately. The aggregate market value of the firm stays the same, but the number of shares outstanding increases, resulting in a lower market value per share. Simple's proportionate ownership remains the same because his shares increased in the same percentage as the shares outstanding of the firm did. A stock dividend does not result in any cash payments to the shareholders.


Financial-Services-Cloud FAQ

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