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NEW QUESTION: 1
What certificate is granted an "allocation" of transaction certificates to each user?
A. rootcert
B. tcerts
C. RSA
D. ecerts
E. PKI
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Each enrolled user is granted an allocation of transaction certificates (tCerts).
Reference: https://console.bluemix.net/docs/services/blockchain/reference/v10_fabric.html#hyperledger- fabric

NEW QUESTION: 2
Lucy Sakata, CFA and Gary Lowenstein, CFA are portfolio managers for the Murray Funds, a provider of investment funds to institutional and wealthy individual investors. Murray frequently indexes in developed markets, but uses full blown active management in less efficient markets and when they think their analysts have a particular expertise. The vast majority of Murray's clients attempt to minimize tracking error.
One of the Murray's funds invests in a Hong Kong index and is marketed as a way for investors to participate in the growth of the Asian economies. The index represents the best known Hong Kong stocks and Murray uses a full replication strategy for the fund. The index is a market cap-weighted index and ten firms represent over 70% of the index's total market cap_Sakata would like to market the Hong Kong fund to institutions with a required minimum investment of $50 million. Many potential clients are institutions who outsource their foreign equity management and are subject to maximum holdings on individual stocks.
Murray also has a Canada fund that invests in an index which represents the 25 largest cap stocks in Canada. It is marketed as a way for investors to exploit the growth in demand for commodities. The index adjusts for stock splits and repurchases as necessary. Most of the index's return has come from capital gains, rather than dividends, due to the tremendous increase in global demand for commodities. To encourage long-term holding, Murray places a back-end load of 3% on fund redemptions that are made within two years of initial investment.
Sakata and Lowenstein discuss the fundamental law of active management and how it applies to three hypothetical managers who invest against the broad large-cap U.S. market, as represented by the S&P
500 index.
* Manager A under-weights and over-weights the 500 individual stocks of the S&P 500 index as she sees appropriate, keeping industry exposures similar to those of the index. She has an information coefficient of
0.05 and is restricted to long-only positions.
* Manager B holds cash and long S&P 500 futures. He tries to generate excess returns by altering the duration of the cash position and has an information coefficient of 0.05.
* Manager C has an information coefficient of 0.07, and she uses a long-short strategy for the 500 stocks in the S&P 500 index.
Sakata is consulting with the trustees of the Powell Foundation. The foundation has a position in the three Murray funds described in Exhibit 1 below.
Exhibit 1: Powell Foundation Holdings

Murray has a value fund that invests in stocks in the U.S. Lowenstein is considering several equity style index providers as a benchmark for the fund. The characteristics of the index providers and the methodologies they use to construct equity style indices are described in Exhibit 2 below.
Exhibit 2: Comparison of Index Providers

In regard to the index providers, Lowenstein makes the following statements:
Statement 1: "I would like to use the indices from either provider in a returns-based style analysis. Based on the information in the table, I believe that if I regress a value manager's returns against Provider B's indices, the manager's selection return will appear artificially large." Statement 2: "If an index provider uses buffering rules, a fund tracking that index will experience lower transactions costs." Determine which of the three managers will most likely have the highest information ratio.
A. Manager B.
B. Manager C.
C. Manager A.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The fundamental law of active management states that an investors information ratio is a function of her depth of knowledge (the investor's information coefficient) and the number of independent investment decisions (the investors breadth).
Professor's Note: Think of the information coefficient as the correlation between the managers forecasted and actual returns.
The derivatives-based enhanced indexing strategy of Manager B will have less breadth than the (stock- based) enhanced strategies of Managers A and C Note that Manager B has the same information coefficient as Manager A, so Manager A should have a higher information ratio than Manager B.
Manager C uses a long-short strategy, which attempts to exploit the short selling constraints faced by many managers. The long-only strategy of Manager A can only earn a long alpha, but both managers actively follow and analyze 500 stocks. This means their breadth is the same. Due to a higher information coefficient than Manager B, Manager C will have a higher information ratio, so C has the highest ratio among the three managers. (Study Session 11, LOS 33m and p)

NEW QUESTION: 3
A network administrator uses an RFID card to enter the datacenter, a key to open the server rack, and a username and password to logon to a server. These are examples of which of the following?
A. Identification
B. Multifactor authentication
C. Single factor authentication
D. Separation of duties
Answer: C
Explanation:
Single-factor authentication (SFA) is a process for securing access to a given system by identifying the party requesting access via a single category of credentials. In this case, the network administrator makes use of an RFID card to access the datacenter, a key to access the server rack, and a username and password to access a server.

NEW QUESTION: 4
You are preparing to deploy a new computer that runs Windows 8. You plan to copy the user's data from his current computer to the new computer.
You need to generate a list of data that will be copied from his existing computer to the new computer.
Which three actions should you perform in sequence? (To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.)

Select and Place:

Answer:
Explanation:

Explanation:

Box 1: Run Windows Easy Transfer on the source computer.
Box 2:Run Windows Easy Transfer on the destination computer.
Box 3: Run Windows Easy Transfer Reports on the distination computer.
Note:
To use the Windows Easy Transfer feature, you must be an Administrator on both Windows 8- based
computers. (box 1)To transfer files and settings from your local computer to the domain- joined computer,
follow these steps:
(box 2, Box 3)
To install Windows 8 apps on the domain-joined computer, follow these steps:
Reference: How to use Windows Easy Transfer to transfer files and settings in Windows 8