ACD100 Practice Questions

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NEW QUESTION: 1
Which method can be used to recover the Cisco UCS C220 M3Rack Server if the BIOS is corrupted?
A. Replace the BIOS EEPROM on the motherboard.
B. Use a bootable BIOS recovery CD.
C. Press F7 during power-on to load the backup BIOS.
D. Use the Cisco IMC console to perform BIOS recovery.
Answer: D

NEW QUESTION: 2
Which of the following decisions need to be made as part of laying down a system for calculating VaR:
I. How returns are calculated, eg absoluted returns, log returns or relative/percentage returns II. Whether VaR is calculated based on historical simulation, Monte Carlo, or is computed parametrically III. Whether binary/digital options are included in the portfolio positions IV. How volatility is estimated
A. I and III
B. All of the above
C. I, II and IV
D. II and IV
Answer: C
Explanation:
Explanation
While conceptually VaR is a fairly straightforward concept, a number of decisions need to be made to select between the different choices available for the exact mechanism to be used for the calculations.
There is more than one way to calculate returns. Absolute returns may be relevant for risk factors where the size of the movement is unrelated to its current value. For other risk factors, the returns might scale with the size of the existing value of the risk factor, eg equity prices. The right return definition needs to be adopted for each risk factor, therefore 'I' is a correct choice.
The risk analyst has a Choice 'b'etween parametric VaR, Monte Carlo, and historical simulation based VaR. 'II' therefore is one of the decisions that needs to be made (though historical simulation is the choice most often made).
The decision as to what to include in a portfolio is not a decision that is affected by choices made for VaR calculations. 'III' is therefore not a correct answer.
There are multiple ways to calculate volatility - including decisions on how long back in time to go for the data, and whether volatility clustering needs to be accounted for using EWMA or GARCH. Therefore 'IV' is a correct answer.

NEW QUESTION: 3
A bank is writing new software that is heavily dependent upon the database transactions for write consistency.
The application will also occasionally generate reports on data in the database, and will do joins across multiple tables. The database must automatically scale as the amount of data growth.
Which AWS service should be used to run the database?
A. Amazon Aurora
B. Amazon DynamoDB
C. Amazon S3
D. Amazon Redshift
Answer: B