CheckPoint 156-587 Q&A - in .pdf

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  • Exam Code: 156-587
  • Exam Name: Check Point Certified Troubleshooting Expert - R81.20
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NEW QUESTION: 1
In which situation must all I/O be virtualized?
A. When a WPAR is hosted by an AIX 7 global environment.
B. When an IBM I partition is hosted by another IBM I partition.
C. When an LPAR makes use of a Shared Storage Pool (SSP).
D. When using PowerVM Enterprise Edition with PowerHA Enterprise Edition.
Answer: B

NEW QUESTION: 2
Sie haben einen Azure Active Directory-Mandanten (Azure AD) und ein Microsoft 365 E5-Abonnement. Der Mandant enthält die in der folgenden Tabelle aufgeführten Benutzer.

Sie planen, Microsoft Defender Advanced Threat Protection (Microsoft Defender ATP) zu implementieren.
Sie überprüfen, ob die rollenbasierte Zugriffssteuerung (RBAC) in Microsoft Defender ATP aktiviert ist.
Sie müssen ermitteln, welcher Benutzer Sicherheitsvorfälle im Microsoft Defender Security Center anzeigen kann.
Welchen Benutzer sollten Sie identifizieren?
A. Benutzer3
B. Benutzer4
C. Benutzer2
D. Benutzer1
Answer: D

NEW QUESTION: 3
Which action results inthe highestSTP-Rate?
A. The use of internal limits regulations such as counterparty limits and country limits
B. The use of a Continuous Linked Settlement
C. A trade confirmation check
D. The daily reconciliation of nostro accounts
Answer: B

NEW QUESTION: 4
It is January and an Australian importer needs to pay USD 1,120,000 at the end of August to a US creditor. If a AUD/USD futures contract is trading on the exchange at a futures price of 0.6750 (ie, 1 AUD = 0.6750 USD), and the contract size is USD 100,000, what would represent an appropriate hedge?
A. Buy 11 contracts to the September expiry date which are closed out in August at the end of August.
B. Sell 11 contracts to the September expiry date and make delivery of USDs in September
C. Buy 17 contracts to the September expiry date which are closed out in August at the end of August.
D. Buy 11 contracts to the September expiry date and receive delivery of USDs in September
Answer: A
Explanation:
Explanation
This question touches upon a couple of issues that relate to hedging foreign exchange exposures using futures contracts. Firstly, many futures contracts on exchanges are available only at specific maturity dates, for example, the IMM dates. They may or may not coincide with actual liabilities for a running business. Also, futures contracts are standardized, ie their notional amounts are fixed rounded sums, and they can only be traded in whole numbers. This often means business using futures for hedging end up having a close enough, but not perfect hedge.
For our importer in the question, clearly he has to buy USDs so he can make his payment. Since each contract gives him USD 100k, he should buy 11 contracts that will get him very close to the amount he finally needs.
Also, the contract expires a month later than his liability is due. This means he should offset the contract by closing it out in August soon as he has made his payment. This will allow him to stay hedged till August. If he does not sell out of the contracts, he will become exposed to a long position for one month till the contract settles, a risk which is unnecessary for him.
Therefore Choice 'b' is the best answer.

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