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NEW QUESTION: 1
Steps for managing change include collecting data, evaluating opportunities for change, designing and implementing a change strategy and what?
A. Develop an new audit schedule.
B. Perform a validation audit of existing policies.
C. Review the progress based on the evaluation measures defined in the plan.
D. Develop a new balanced scorecard
Answer: C
Explanation:
Steps for managing change include collecting data, evaluating opportunities for change, designing and implementing a change strategy and reviewing the progress based on the evaluation measures defined in the plan. Performing a validation audit of existing policies, developing a new balanced scorecard and developing a new audit schedule are not formal components of the steps for managing change.

NEW QUESTION: 2
Which value is output by an Adaptive Model?
A. Lift
B. Score
C. Behavior
D. Performance
Answer: B

NEW QUESTION: 3
The 'transformation line' expresses the relationship between
A. Expected risk and return for all portfolios lying on the efficient frontier
B. Asset beta and expected return
C. The risk free rate and expected market risk premiums
D. Expected risk and return for a portfolio comprising a riskless asset and a risky bundle
Answer: D
Explanation:
Explanation
The transformation line represents the various possible combinations of the 'risky bundle' and the risk free asset. Investors can choose different combinations of the risky and risk-free asset depending upon their risk appetite. The transformation line meets the y-axis (portfolio returns) at the point equal to the risk free rate.
Choice 'a' is the correct answer and the rest are incorrect.
The highest possible transformation line, ie the transformation line with the maximum slope, is the transformation line joining the risk free rate on the y-axis and the portfolio with the maximum Sharpe ratio on the efficient frontier. This line is called the 'capital markets line'. Investors can pick any point on this line according to their risk appetite, and doing so would maximize the return they can obtain for their desired level of risk. The capital markets line is tangential to the efficient frontier. The Sharpe ratio stays constant throughout the CML.
Remember that the transformation line and the capital markets lines are different from each other - there is only one CML for an efficient frontier, whereas there can be multiple transformation lines.

NEW QUESTION: 4
You use a Microsoft SQL Server database that contains a table named BlogEntry that has the following columns:

Id is the Primary Key.
You need to append the "This is in a draft stage" string to the Summary column of the recent 10 entries based on the values in EntryDateTime.
Which Transact-SQL statement should you use?
A. UPDATE BlogEntry
SET Summary = CAST(N' This is in a draft stage' as nvarchar(max))
WHERE Id IN(SELECT TOP(10) Id FROM BlogEntry
ORDER BY EntryDateTime DESC)
B. UPDATE TOP(10) BlogEntry
SET Summary.WRITE(N' This is in a draft stage', NULL, 0)
C. UPDATE BlogEntry
SET Summary.WRITE(N' This is in a draft stage', NULL, 0) FROM (
SELECT TOP(10) Id FROM BlogEntry ORDER BY EntryDateTime DESC) AS s
WHERE BlogEntry.Id = s.ID
D. UPDATE BlogEntry
SET Summary.WRITE(N' This is in a draft stage', 0, 0)
WHERE Id IN(SELECT TOP(10) Id FROM BlogEntry
ORDER BY EntryDateTime DESC)
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The UPDATE SET colum_name.WRITE (expression,@Offset,@Length) command specifies that a section of the value of column_name is to be modified. expression replaces @Length units starting from @Offset of column_name.
If @Offset is NULL, the update operation appends expression at the end of the existing column_name value and @Length is ignored.
References: https://msdn.microsoft.com/en-us/library/ms177523.aspx