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NEW QUESTION: 1
You intend to implement some far-reaching changes to the way in which your Service Desk currently operates, but to do so you need the support of other teams within IT. Which action should you undertake to gain this support?
A. Make time to develop a social relationship with your manager
B. Demonstrate your understanding of any concerns others may have
C. Begin by creating a powerfully-worded vision statement
D. Give a presentation to the board of directors to guarantee their support
Answer: B

NEW QUESTION: 2
Jack Mercer and June Seagram are investment advisors for Northern Advisors. Mercer graduated from a prestigious university in London eight years ago, whereas Seagram is newly graduated from a mid-western university in the United States. Northern provides investment advice for pension funds, foundations, endowments, and trusts. As part of their services, they evaluate the performance of outside portfolio managers. They are currently scrutinizing the performance of several portfolio managers who work for the Thompson University endowment.
Over the most recent month, the record of the largest manager. Bison Management, is as follows. On March 1, the endowment account with Bison stood at $ 11,200,000. On March 16, the university contributed $4,000,000 that they received from a wealthy alumnus. After receiving that contribution, the account was valued at $ 17,800,000. On March 31, the account was valued at $16,100,000. Using this information, Mercer and Seagram calculated the time-weighted and money-weighted returns for Bison during March. Mercer states that the advantage of the time-weighted return is that it is easy to calculate and administer. Seagram states that the money-weighted return is, however, a better measure of the manager's performance.
Mercer and Seagram are also evaluating the performance of Lunar Management. Risk and return data for the most recent fiscal year are shown below for both Bison and Lunar. The minimum acceptable return (MAR) for Thompson is the 4.5% spending rate on the endowment, which the endowment has determined using a geometric spending rule. The T-bill return over the same fiscal year was 3.5%. The return on the MSCI World Index was used as the market index. The World index had a return of 9% in dollar terms with a standard deviation of 23% and a beta of 1.0.

The next day at lunch, Mercer and Seagram discuss alternatives for benchmarks in assessing the performance of managers. The alternatives discussed that day are manager universes, broad market indices, style indices, factor models, and custom benchmarks. Mercer states that manager universes have the advantage of being measurable but they are subject to survivor bias. Seagram states that manager universes possess only one quality of a valid benchmark.
Mercer and Seagram also provide investment advice for a hedge fund, Jaguar Investors. Jaguar specializes in exploiting mispricing in equities and over-the-counter derivatives in emerging markets. They periodically engage in providing foreign currency hedges to small firms in emerging markets when deemed profitable. This most commonly occurs when no other provider of these contracts is available to these firms. Jaguar is selling a large position in Mexican pesos in the spot market. Furthermore, they have just provided a forward contract to a firm in Russia that allows that firm to sell Swiss francs for Russian rubles in 90 days. Jaguar has also entered into a currency swap that allows a firm to receive Japanese yen in exchange for paying the Russian ruble.
Of the following risks, determine which was most likely not considered in the series of foreign currency derivative transactions by Jaguar.
A. Operations risk.
B. Credit risk.
C. Herstatt risk.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Operations risk is not explicitly mentioned. The risk exposures an analyst should reporr as part of an enterprise risk management system include liquidity risk, settlement risk, credit risk, operations risk, model risk, sovereign risk, and regulatory risk. In this question, of the responses listed, operations risk is not explicitly mentioned. Operations risk is the potential for failures in the firm's operating systems due co personal or technological, mechanical, or other problems. Although Jaguar is sure to have exposure to operations risk, it is not explicitly described in these transactions. Credit risk is the potential for default, which is certainly a possibility in Jaguar's forward contract. Herstatt risk or settlement risk is the possibility that one party could default on a contract while the other is settling. This has been a problem in foreign exchange markets due to time differences and is certainly possible in Jaguar's currency swap.
Note also that Jaguar's sale of the Mexican pesos is subject to liquidity risk. Liquidiry risk refers to the potential for sustaining losses due to the inability to sell or buy a position quickly. (Study Session 14, LOS
40.b)

NEW QUESTION: 3
SharePoint Serverファームがあります。
Managed Metadata Serviceアプリケーションを使用する予定です。
フォークソノミーを無効にする必要があります。
Managed Metadata Service Connectionプロパティから無効にするオプションはどれですか？
A. コンテンツタイプギャラリーのコンテンツタイプを使用します。
B. このサービスアプリケーションは、キーワードの既定の格納場所です。
C. プッシュダウンコンテンツタイプ発行は、コンテンツタイプギャラリーから、コンテンツタイプを使用してサブサイトおよびリストに更新します。
D. このサービスアプリケーションは、列固有の用語セットの既定の格納場所です。
Answer: B
Explanation:
参照：
https://docs.microsoft.com/en-us/sharepoint/governance/configure-the-managed-metadata-service