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You are an administrator for an organization that uses Microsoft Dynamics 365 and Microsoft Dynamics for Outlook.
Some of your users have indicated that their personal notes for their contacts in Outlook appear in Microsoft Dynamics 365 for everyone to read.
How should you ensure that personal notes in Outlook are not shared in Microsoft Dynamics 365?
A. As the system administrator, configure the Synchronization Fields settings to not include the Notes field in Outlook,
B. instruct the users to configure their Synchronization Fields settings to only do a one-way sync from Microsoft Dynamics 365 to the notes field in Outlook.
C. Instruct the users to configure their Synchronization Fields settings to not include the Notes field in Outlook.
D. As the system administrator, configure the Synchronization Fields settings to only do a one-way sync from Microsoft Dynamics 365 to the Notes field in Outlook-
Answer: A
Susan Foley, CFA, is Chief Investment Officer of Federated Investment Management Co. (FIMCO), a large investment management firm that includes a family of mutual funds as well as individually managed accounts. The individually managed accounts include individuals, personal trusts, and employee benefit plans. In the past few months, Foley has encountered a couple of problems.
The Tasty IPO
Most portfolio managers of FIMCO have not participated in the initial public offering (IPO) market in recent years. However, recent changes to the compensation calculation at FIMCO have tied manager bonuses to portfolio performance. The changes were outlined in a letter that was sent out to clients and prospects shortly before the new bonus structure took effect. Carl Lee, CFA, is one portfolio manager who believes that investing in IPOs may add to his client's equity performance and, in turn, increase his bonus. While Lee's individual clients have done quite well this year, his employee benefit plans have suffered as a result of limited exposure to the strongest performing sector of the market. Lee has placed an order for all employee benefit plans to receive an allocation of the Tasty Doughnut IPO. Tasty is an over-subscribed IPO that Lee knew would make money for his clients. When he placed the order, Lee's assistant reminded him that one pension plan. Ultra Airlines, was explicitly prohibited from investing in IPOs in its investment policy statement, due to the under-funded status of the pension plan. Lee responded that the Tasty IPO would never actually be owned in Ultra's account, because he would sell the IPO stock before the end of the day and realize a profit before the position ever hit the books.
Another manager, Franz Mason, CFA, who manages accounts for about 150 individuals, is also interested in the Tasty IPO. Mason visits Lee's portfolio assistant and quizzes him about Lee's participation in the Tasty deal. Mason is sure that Lee would not have bought into Tasty unless he had done his homework.
Mason places an order for 10,000 shares of the IPO. Mason returns to his desk and begins to allocate the IPO shares among his clients. Mason divides his client base into two groups: clients who are income- oriented and clients who arc capital gains-oriented. Mason believes those clients that are income-oriented are fairly risk averse and could not replace lost capital if the Tasty Doughnut deal lost money. Mason believes the capital gains-oriented accounts arc better able to withstand the potential loss associated with the Tasty IPO. Accordingly, Mason allocates his 10,000 share order of the Tasty IPO strictly to his capital appreciation clients using a pro rata allocation based on the size of the assets under management in each account.
FIMCO Income Fund (FIF)
Over the past three years, the FIF, with $5 billion in assets, has been the company's best performing mutual fund. Jane Ryan, CFA, managed the FIF for seven years, but resigned one year ago to start her own hedge fund. Under Ryan, the FIF invested in large cap stocks with reliable dividends. The fund's prospectus specifies that FIF will invest only in stocks that have paid a dividend for at least two quarters, and have a market capitalization in excess of $2.5 billion. Foley appointed FIMCO's next best manager (based on 5-year performance numbers) Steve Parsons, CFA, to replace Ryan. Parsons had been a very successful manager of the FIMCO Opportunity Fund, which specialized in small capitalization stocks. Six months after Parsons took over the helm at FIF. the portfolio had changed. The average market capitalization of FIF's holdings was $12.8 billion, as opposed to $21 billion a year ago. Over the same period, the average dividend yield on the portfolio had fallen from 3.8% to 3.1%. The performance of the FIF lagged its peer group for the first time in three years. In response to the lagging performance, Parsons purchased five stocks six months ago. Parsons bought all five stocks, none of which paid a dividend at the time of purchase, in anticipation that each company was likely to initiate dividends in the near future. So far, four of the stocks have initiated dividend payments, and their performance has benefited as a result.
The fifth stock did not initiate a dividend, and Parsons sold the position last week. Largely due to the addition of the five new stocks, the FIF's performance has led its peer group over the past six months.
Before leaving FIMCO, Ryan had told Foley that above-average returns from both the management and client side could be gained from entering into the risk-arbitrage hedge fund market. Ryan had tried to convince FIMCO management to enter the risk-arbitrage market, but the firm determined that no one had the experience or research capability to run a risk-arbitrage operation. As a result, Ryan started the Plasma Fund LLC one month after leaving FIMCO. Foley remembers seeing Ryan at the annual FIMCO client dinner parly (before she left the firm) discussing the profits to be made from risk-arbitrage investing with several large FIF shareholders. Ryan mentioned that she would be opening the Plasma Fund to these FIMCO clients, several of whom made substantial investments in the first months of Plasma Fund's life.
After Ryan resigned and left her office, Foley performed an inventory of firm assets signed out to Ryan.
One of the copies of the proprietary stock selection software packages, FIMCO-SelectStock, assigned to Ryan was missing along with several of the SelectStock operating manuals. When Foley contacts Ryan about the missing software and manuals, Ryan states that the reason she took the SelectStock software was that it was an out of date version that FIMCO's information technology staff had urged all managers to discard.
Mason used two allocation plans for the Tasty IPO: the first decision was based on the orientation of the account (income vs. capital gains), and the second decision was based on the relative size of each account. Did Mason violate CFA Institute Standards of Professional Conduct with respect to either allocation decision?
A. Both Mason's allocation screens, based on orientation of the account, and on relative size of account, violate CFA Institute Standards.
B. Both of Mason's allocation screens appear to fully conform with CFA Institute Standards.
C. Mason's pro rata allocation system is acceptable, but he should have allocated some IPO shares to his income-oriented accounts.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Standard III(B). Standard III(B) - Duties to Clients - Fair Dealing requires that all clients be dealt with fairly and objectively. Note that Standard III(B) does not state "equally". In this case, Mason had a reasonable basis to include and exclude clients based on their perceived risk level. Lower risk clients were excluded and higher risk clients were included. Further, Mason has a reasonable basis of allocating the stock he receives; i.e. assets under management. Since both measures seem objective and reasonable, it appears that Mason dealt fairly with his clients. (Study Session 1, LOS 2.a)
最終製品の在庫/所要量リストには、同じ数量の販売注文と固定計画注文が1つだけ含まれています。両方のMRP要素の利用可能日は稼働日です。固定計画手配の利用可能日は、受注の日付より後の日付に設定されています。
ただし、対応する再スケジュール例外メッセージは表示されません。
その理由は何でしょうか? (2つ選択してください)
A. 要件計画は実行されていません。
B. MRP要素は固定紐付によってリンクされます。
C. 固定計画オーダーは再計画期間の範囲外です。
D. 利用可能日の間のデルタは、カスタマイジングで定義された許容範囲内にあります。
Answer: C,D
A company runs its production workload on an Amazon Aurora MySQL DB cluster that includes six Aurora Replicas. The company wants near-real-lime reporting queries from one of its departments to be automatically distributed across three of the Aurora Replicas. Those three replicas have a different compute and memory specification from the rest of the DB cluster Which solution meets these requirements?
A. Use the reader endpoint to automatically distribute the read-only workload.
B. Create a three-node cluster clone and use the reader endpoint
C. Create and use a custom endpoint for the workload
D. Use any of the instance endpoints for the selected three nodes.
Answer: B
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