010-160 Practice Questions

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NEW QUESTION: 1
アカウント所有者、オポチュニティ所有者、およびケース所有者：
A. 同じ役割からのものである必要があります
B. 同じプロファイルのものである必要があります
C. 異なるユーザーにすることができます
D. 同じユーザーである必要があります
Answer: C

NEW QUESTION: 2
Note: This question is part of a series of questions that use the same or similar answer choices. An answer choice may be correct for more than one question in the series. Each question is independent of the other questions in this series. Information and details provided in a question apply to that question.
You have a database for a banking system. The database has two tables named tblDepositAcct and tblLoanAcct that store deposit and loan accounts, respectively. Both tables contain the following columns:

You need to determine the total number of customers who have only loan accounts.
Which Transact-SQL statement should you run?
A. SELECT COUNT(*)FROM (SELECT CustNoFROM tblDepositAcct EXCEPT SELECT CustNoFROM tblLoanAcct) R
B. SELECT COUNT (DISTINCT D.CustNo)FROM tblDepositAcct D, tblLoanAcct L WHERE D.CustNo = L.CustNo
C. SELECT COUNT(*)FROM (SELECT CustNoFROM tblDepositAcctUNION ALLSELECT CustNoFROM tblLoanAcct) R
D. SELECT COUNT(DISTINCT L.CustNo)FROM tblDepositAcct DRIGHT JOIN tblLoanAcct L ON D.CustNo = L.CustNoWHERE D.CustNo IS NULL
E. SELECT COUNT(*)FROM tblDepositAcct DFULL JOIN tblLoanAcct L ON D.CustNo = L.CustNo
F. SELECT COUNT (DISTINCT COALESCE(D.CustNo, L.CustNo))FROM tblDepositAcct DFULL JOIN tblLoanAcct L ON D.CustNo = L.CustNoWHERE D.CustNo IS NULL OR L.CustNo IS NULL
G. SELECT COUNT(*)FROM (SELECT CustNoFROM tblDepositAcctUNIONSELECT CustNoFROM tblLoanAcct) R
H. SELECT COUNT(*)FROM (SELECT AcctNoFROM tblDepositAcctINTERSECTSELECT AcctNoFROM tblLoanAcct) R
Answer: D
Explanation:
The RIGHT JOIN keyword returns all records from the right table (table2), and the matched records from the left table (table1). The result is NULL from the left side, when there is no match.
References: https://www.w3schools.com/sql/sql_join_right.asp

NEW QUESTION: 3
A company backs up all manufacturing data to Azure Blob Storage. Admins move blobs from hot storage to archive tier storage every month.
You must automatically move blocks to Archive tier after they have not been accessed for 180 days. The path for any item that is not archived must be placed in an existing queue. This operation must be performed automatically once a month. You set the value of TierAgeInDays to 180.
How should you configure the Logic App? To answer, drag the appropriate triggers or action blocks to the correct trigger or action slots. Each trigger or action block may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation:
Box 1: Recurrence
Box 2: Insert Entity
Box 3 (if true): Tier Blob
Box 4: (if false):
Leave blank.
References:
https://docs.microsoft.com/en-us/azure/logic-apps/logic-apps-perform-data-operations

NEW QUESTION: 4
William Rogers, a fixed-income portfolio manager, needs to eliminate a large cash position in his portfolio.
He would like to purchase some corporate bonds. Two bonds that he is evaluating are shown in Exhibit I.
These two bonds are from the same issuer, and the current call price for the callable bond is 100. Assume that the issuer will call if the bond price exceeds the call price.
Rogers is also concerned about increases in interest rates and is considering the purchase of a putable bond. He ants to determine how assumed increases or decreases in interest rate volatility affect the value of the straight bonds and bonds with embedded options. After Rogers performs some analysis, he and his supervisor, Sigourney Walters, discuss the relative price movement between the two bonds in Exhibit 1 when interest rates change significantly During the discussions, Rogers makes the following statements:
Statement 1: If the volatility of interest rates decreases, the value of the callable bond will increase.
Statement 2: The noncallable bond will not be affected by a change in the volatility or level of interest rates.
Statement 3: When interest rates decrease, the value of the noncallable bond increases by more than the callable bond.
Statement4: If the volatility of interest rates increases, the value of the putable bond will increase.
Walters mentors Rogers on bond concepts and then asks him to consider the pricing of a third bond. The third bond has five years to maturity, a 6% annual coupon, and pays interest semiannually. The bond is both callable and putable at 100 at any time. Walters indicates that the holders of the bond's embedded options will exercise if the option is in-the-money.

Rogers obtained the prices shown in Exhibit b using software that generates an interest rate lattice. He uses his software to generate the interest rate lattice shown in Exhibit 2.
Exhibit 2: Interest Rate Lattice (Annualized Interest Rates)

For this question only, ignore the information from Exhibit 1 and any other calculations in other questions.
Rather, assume that the interest rate lattice provided in Exhibit 2 is constructed to be arbitrage-free.
However, when Rogers calculates the price of the callable bond using the interest rates in the lattice, he gets a value higher than the market price of the bond.
Is the price of the third callable and putable bond likely to be less than, equal to, or greater than 100%, and is the option-adjusted spread (OAS) on the callable bond likely to be zero, positive, or negative?
Price of third bond OAS of callable bond
A. Less than 100% Zero
B. Greater than 100% Negative
C. Equal to 100% Positive
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In this case, the bond is callable and putable at the same price (100). Since Walters states thai the embedded options (the issuer's call option and the holder's put option) will be exercised if the option has value (i.e., is in-the-money), the value of the bond must be 100 (plus the interest) at all times. Why? If rates fall and the computed value goes above 100, the company will call the issue at 100. Conversely, if rates increase and the computed value goes below 100, the bondholder will "put" the bond back to the issuer for
100.
The OAS is a constant spread added to every interest rate in the tree so that the model price of the bond is equal to the market price of the bond. In this case, using the interest rate lattice, the model price of the callable bond is greater than the market price. Hence, a positive spread must be added to every interest rate in the lattice. When a constant spread is added to all the rates such that the model price is equal to the market price, you have found the OAS. The OAS will be positive for the callable bond. (Study Session 14, LOS 54.g)