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NEW QUESTION: 1
Janice Palmer, CFA, is an international equity analyst at a large investment management firm catering to high net worth U.S. investors. She is assisted by Morgan Greene and Cathy Wong. Both Greene and Wong have prepared their preliminary security selections and are meeting along with Palmer today for detailed security analysis and valuation. They have narrowed their focus to a few closed-end country funds and some firms from Switzerland, Germany, the U.K. and the emerging markets.
The initial decision is to choose between closed-end country funds and direct investment in foreign stock markets. Wong is in favor of country funds because:
1. Country funds provide immediate diversification.
2. Buying country funds is a better choice than direct investment for most emerging markets.
However, Wong has observed a premium to NAV that is prevalent in closed-end country funds. Wong is curious as to how the observed premiums would affect investments in such instruments.
In contrast to Wong, Greene is more inclined towards individual stocks and has started looking into their financial statements. One firm Greene is analyzing is a German conglomerate. Kaiser Corp. Kaiser has a history of growing by acquiring high-growth firms in niche markets. Exhibit 1 provides key financial information from Greene's analysis of Kaiser Corp.
Exhibit 1: Financial information-Kaiser Corp.

While going through their sample of emerging market stocks, Wong observed that these markets in general have high inflation and that sales for the stocks were extremely seasonal. Wong compensated by adjusting reported sales growth in the emerging market firms by deflating the sales using annual inflation adjustments. Wong also made upward adjustments to reported depreciation figures.
Wong suggested to her colleagues that they add a country risk premium to the discount rate they were using to evaluate emerging market stocks. She further suggested that they estimate country risk premiums by calculating the spread between the yield of U.S. government bonds and that of similar maturity local bonds.
Subsequently they started working on the financial projections for Emerjico, Inc., an emerging market stock. Their assumptions are given in Exhibit 2.
Exhibit 2: Key Assumptions-Emerjico

Wong cites two reasons she prefers investing in closed-end country funds as opposed to direct investments in foreign markets. Which of the reasons are most likely correct?
A. Only reason 1 is correct.
B. Both reasons 1 and 2 are correct.
C. Only reason 2 is correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Closed-end country funds, like most mutual funds, provide immediate diversification within the subject country. However, they tend to be more volatile than their underlying assets due to the added volatility induced by the fund premium to net asset value. Moreover, they tend to be strongly correlated with the
U.S. stock marker. Consequently, they are an inferior substitute for direct investing even for most emerging markets. (Study Session 10, LOS 34.g,i)

NEW QUESTION: 2
Performance and accounting management are similar because both are interested in collecting usage data from the network. How do they differ?
A. Performance management data is collected by using a connection-oriented protocol so that data is not lost, whereas accounting data uses connectionless protocols because missed information can be synchronized later.
B. Performance management uses the data for statistical purposes, whereas accounting management uses the data for billing.
C. Performance management data is used to measure network reliability, whereas accounting management data is used to measure network response time.
D. Performance management data requires aggregation, whereas accounting management data uses device statistics.
E. Performance management data is collected in real time, whereas accounting data is collected by using batch processing during set time intervals.
Answer: B

NEW QUESTION: 3
You manage a Microsoft SharePoint 2013 farm for Contoso, Ltd. The farm contains four servers. Two of the servers receive user requests, and two servers perform back-end processing.
You must forward all requests for www.contoso.com to 192.168.100.31.
You need to configure DNS.
How should you configure the DNS?
A. Use the DNS Manager to create a new host (A or AAAA) record for www in the contoso.com forward lookup zone.
B. Use the DNS Manager to create a new domain alias (DNAME) record for www in the contoso.com forward lookup zone.
C. Modify the hosts file in the System32 folder. Add 192.168.100.3 www.contoso.com to the file. Save the file as an administrator.
D. Use the DNS Manager to create a new alias (CNAME) record for www in the contoso.com forward lookup zone.
Answer: D
Explanation:
In DNS Manager, under Forward Lookup Zones, right-click the new app domain name, and then click New Alias (CNAME).
Reference: Configure an environment for apps for SharePoint (SharePoint 2013) https://technet.microsoft.com/en-us/library/fp161236.aspx

NEW QUESTION: 4



A. Option D
B. Option A
C. Option B
D. Option C
Answer: D
Explanation:
Topic 3, Create the QlikView Associative Data Model