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You have a file server named File1 that runs Windows Server 2012 R2.
File1 contains a shared folder named Share1. Share1 contains an Application named
SalesApp1.exe.
The NTFS permissions for Share1 are shown in the following table.
The members of L_Sales discover that they cannot add files to Share1.
Domain users can run SalesApp1.exe successfully.
You need to ensure that the members of L_Sales can add files to Share1.
What should you do?
A. Edit the Share permissions.
B. Edit the NTFS permissions.
C. Add the Domain Users group to L_Sales.
D. Add L_Sales to the Domain Users group.
Answer: B
Explanation:
The least restrictive permission applies here, so the users from L_sales have read &
execute, write... in order to add files they need the NTFS permission called MODIFY.
Based on NTFS permissions:
Modify: Users can view and modify files and file properties, including deleting and adding
files to a directory or file properties to a file.
Factor Analytics Capital Management makes portfolio recommendations using various factor models.
Mauricio Rodriguez, a Factor Analytics research analyst, is examining the prospects of two portfolios, the FACM Century Fund (CF) and the FACM Esquire Fund (EF).
The variance of returns are identical for the two funds. The estimates in Exhibit 1 were derived for CF and EF using monthly data for the past five years.
Supervisor Barbara Woodson asks Rodriguez to use the Capita! Asset Pricing Model (CAPM) and a multifactor model (APT) to make a decision to continue or discontinue the EF fund. The two factors in the multifactor model are not identified. To help with the decision, Woodson provides Rodriguez with the capital market forecasts in Exhibit 2.
After examining the prospects for the EF portfolio, Rodriguez derives the forecasts in Exhibit 3.
Rodriguez also develops a 2-factor macroeconomic factor model for the EF portfolio. The two factors used in the model are the surprise in GDP growth and the surprise in Investor Sentiment. The equation for the macro factor model is:
During an investment committee meeting, Woodson makes the following statements related to the 2-factor macroeconomic factor model.
Statement 1: An investment combination in CF and EF that provides a GDP growth factor beta equal to one and an Investor Sentiment factor beta equal to zero will have lower active factor risk than a tracking portfolio consisting of CF and EF.
Statement 2: When markets are in equilibrium, no combination of CF and EF will produce an arbitrage opportunity In their final meeting, Rodriguez informs Woodson that the CF portfolio consistently outperformed its benchmark over the past five years. Rodriguez makes the following comments to Woodson: "The consistency with which CF outperformed its benchmark is amazing. The difference between the CF monthly return and its benchmark return was nearly always positive and varied little over time." Are Woodson's Statements 1 and 2 regarding the macro factor model correct?
A. Both statements are correct.
B. Only Statement 1 is correct.
C. Only Statement 2 is correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
A portfolio that has a factor beta equal to one for one factor and factor betas equal to zero for all other factors is called a "factor portfolio." In contrast, a portfolio that has factor betas equal to the benchmark factor betas is called a "tracking portfolio." Unlike the tracking portfolio, the factor portfolio betas are not identical to the benchmark betas. As a result, factor portfolios have higher active factor risk (which refers to the deviations of a portfolio's factor betas from those of the benchmark). Therefore, Woodson's first statement is not correct.
Her second statement is correct. When markets are in equilibrium, all expected (i.e., forecast) asset returns equal their required returns. An arbitrage opportunity refers to an investment that requires no cost and no risk yet still provides a profit. If markets are in equilibrium, no profits can be earned from a costless, riskless investment. (Study Session 18, LOS 64.j,m)
Would this company benefit from a Secure Virtual Workspace solution?
Possible Solution:The company wants to incorporate agile workspaces with modular office structures.
A. Yes
B. No
Answer: A
HOTSPOT
You are managing a SharePoint farm,
You need to log Microsoft SQL Server 2012 events that occur in the farm.
In Centra1 Administration, which monitoring setting should you configure? (To answer,
select the appropriate setting in the answer area.)
Answer:
Explanation:
Explanation:
Usage and health data collection
Note:
*SharePoint 2013 writes usage and health data to the logging folder and to the logging
database. You can use the SharePoint Central Administration website to configure health
data collection settings.
*See step 3 (and 9 - note the reference to SQL authentication).
Configure usage and health data collection by using Central Administration
The usage and health data settings are farm-wide and cannot be set for individual servers
in the farm.
To configure usage and health data collection by using Central Administration:
- Verify that you have the following administrative credentials:
The user account that performs this procedure has to be a member of the Farm
Administrators group. - In Central Administration, on the home page, click Monitoring. - On the Monitoring page, in the Reporting section, click Configure usage and health data collection. - On the Configure usage and health data collection page, in the Usage Data Collection section, select the Enable usage data collection check box. - In the Event Selection section, select the check boxes of the events that you want to log. - In the Usage Data Collection Settings section, type the path of the folder to which you want usage and health information to be written in the Log file location box. The path that you specify must exist on each server in the farm.
These settings are applied to all events. - In the Health Data Collection section, select the Enable health data collection
check box. To change the collection schedules, click Health Logging Schedule.
- To change log collection schedules, click Log Collection Schedule, and then click any of the timer jobs to change its schedule, or disable that timer job. If you disable a timer job, it stops collecting corresponding log data.
- In the Logging Database Server section, to change the authentication method, select either the Windows authentication or SQL authentication option.
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