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NEW QUESTION: 1
What provides detailed information about tasks?
Choose the correct answer.
A. Process Management
B. Process Visualization
C. Task Management
D. Process Repository
Answer: C

NEW QUESTION: 2
Wendall Wayne is a fixed income portfolio manager with Skyline Investments. Until recently he has focused almost exclusively on residential mortgage-backed securities (MBS). However, two weeks ago he was given approval to begin purchasing asset-backed securities (ABS) and commercial MBS as well.
Wayne has forecasted that interest rates will decrease by approximately 100 basis points over the next month.
Wayne first completes an analysis of two tranches (a PAC I tranche and a support tranche) from a collateralized mortgage obligation (CMO) that was issued 18 months ago. When the CMO was issued, the initial collar of the PAC I tranche was 150 - 400 PSA. He estimates the change in the average life of each tranche as the prepayment speed varies, assuming the prepayment speed stays at that speed until the tranche matures. The results are shown in Exhibit 1.

In his report, Wayne makes the following statements regarding the CMO:
Statement 1: The CMO is structured so that the support tranche has more extension risk, and the PAC I tranche has more contraction risk.
Statement 2: The cash flows of the PAC I tranche will be less affected by the change in interest rates I have forecast than the cash flows of the support tranche.
Wayne has pushed for approval to begin trading ABS because he is particularly interested in collateralized debt obligations (CDOs). However, he doesn't know a lot about them, so he first does some reading and prepares some key points related to CDOs to guide his analysis.
Statement 3: CDOs are typically collateralized by emerging market bond issues, home equity bank loans, and high-yield corporate bond issues.
Statement 4: One advantage of issuing a synthetic CDO versus a cash CDO is that credit risk is lower with a synthetic CDO because the junior note holders also sell a credit default swap.
Statement 5: Some CDOs include an equity tranche to provide payment and credit protection to the senior and mezzanine tranches, but for most issues, credit protection is provided by external credit enhancements.
Wayne wants to understand the distinction between amortizing and non-amortizing assets that are securitized by ABS transactions, as well as the appropriate spread measures to use for various types of fixed-income securities. He asks a colleague, Martin Freed, to explain to him the difference between the two and how the payment structure of the ABS is affected by whether the assets in the pool are amortizing or non-amortizing. Freed replies:
Statement 6: An auto loan is an example of an amortizing asset, and a credit card receivable is an example of a non-amortizing asset.
Statement 7: For amortizing assets, the composition of the loans in the asset pool doesn't change once the assets are securitized. For non-amortizing assets, the composition of the asset pool does change.
Freed also tells Wayne that the credit analysis of commercial mortgage-backed securities (CMBS) should focus on the credit risk of the property, not the borrower. Freed also says that two key ratios useful for assessing the credit risk of the property are the debt service coverage ratio (net operating income/debt service) and the loan-to-value ratio (current mortgage amount/current appraised value). Wayne concludes that both of the ratios Freed recommends for credit analysis of CMBS are positively related to credit risk:
the higher the ratio, the more risky the loan.
Finally, Wayne is trying to determine the most appropriate spread measure for valuing callable corporate bonds and high-quality home equity loan ABS. He plans to choose from the following measures: the zero- volatility spread, the OAS from the binomial model, and the OAS from the Monte Carlo model.
Is Wayne correct or incorrect with regard to his analysis of debt service coverage and loan-to-value?
A. Correct on debt service coverage only.
B. Correct on loan-to-value only.
C. Correct on both.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Wayne is incorrect with respect to the debt service coverage ratio because the higher the ratio, the lower the credit risk. Wayne is correct with respect to the loan-io-value ratio because the higher the ratio, the higher the credit risk. {Study Session 15, LOS 55.1)

NEW QUESTION: 3
You have an Azure virtual machine named VM1.
The network interface for VM1 is configured as shown in the exhibit. (Click the Exhibit tab.) You deploy a web server on VM1, and then create a secure website that is accessible by using the HTTPS protocol. VM1 is used as a web server only.
You need to ensure that users can connect to the website from the internet.
What should you do?
A. Modify the protocol of Rule4.
B. For Rule5, change the Action to Allow and change the priority to 401.
C. Create a new inbound rule that allows TCP protocol 443 and configure the protocol to have a priority of
501.
D. Delete Rule1.
Answer: B
Explanation:
Explanation
Rule 2 is blocking HTTPS access (port 443) and has a priority of 500.
Changing Rule 5 (ports 50-5000) and giving it a lower priority number will allow access on port 443.
Note: Rules are processed in priority order, with lower numbers processed before higher numbers, because lower numbers have higher priority. Once traffic matches a rule, processing stops.
References:
https://docs.microsoft.com/en-us/azure/virtual-network/security-overview

NEW QUESTION: 4
An All-Flash vSAN cluster has 4-nodes with this disk group composition on each host:
* 1 x 800 GB SAS SSD
* 6 x 3.84 TB SATA SSD
An administrator observes that in an All-Flash cluster, the Write
Buffer Free Percentage is consistently low. As a result there is increased latency experienced by the workloads.
Which remediation steps will resolve this issue?
A. Add a second disk group with a new cache device and distribute the capacity disks equally.
B. Modify advanced vSAN configuration parameters to utilize the complete 800 GB for caching.
C. Add a second cache device to the same disk group to increase the caching size.
D. Replace the existing cache device with a larger cache device.
Answer: B