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NEW QUESTION: 1
A trainer has just covered a procedure within the lesson. Which of the following questioning techniques would be BEST when assessing an individual learner?
A. Clarifying
B. Closed-ended
C. Probing
D. Hypothetical
Answer: C

NEW QUESTION: 2
A male client receives 10 U of regular human insulin SC at 9:00 AM. The nurse would expect peak action from this injection to occur at:
A. 12 noon
B. 9:30 AM
C. 10:30 AM
D. 4:00 PM
Answer: A
Explanation:
Explanation/Reference:
Explanation:
(A) This is too early for peak action to occur. (B) This is too early for peak action to occur. (C) Regular insulin peak action occurs 2-4 hours after administration. (D) This is too late for peak action to occur.

NEW QUESTION: 3
Which of the following attacking methods allows the bypassing of access control lists on servers or routers, either hiding a computer on a network or allowing it to impersonate another computer by changing the Media Access Control address?
A. ARP spoofing
B. IP address spoofing
C. MAC spoofing
D. VLAN hoping
Answer: C

NEW QUESTION: 4
Jonathan Weil, CFA, is the managing director of Weil Capital Management (WCM). Weil has decided to reevaluate the asset backed security (ABS) positions in his investors' portfolios since a recent, and severe, credit problem in the subprime lending industry has had ripple effects on other fixed-income markets. Weil expects the interest rate term structure to remain flat, but shift upward as credit terms tighten. Weil has asked one of his analysts, Vanessa Ordon, to assist him in analyzing potential ABS investments, including some products he is unfamiliar with.
Ordon provides an assessment of ABS backed by auto loans, credit card receivables, and closed end home equity loans. Ordon has assembled the following information on the collateral, credit enhancements, and prepayment risk associated with each type of ABS.

Ordon has also assembled the following information on the structure of a closed end home equity loan (HEL) asset backed security. Ordon has presented the security to Weil as a potential investment opportunity, but Weil is concerned about its default and prepayment risks. The HEL ABS does not have a shifting interest mechanism.

Ordon has also developed an assessment of mortgage backed securities (MBS). Ordon has assembled the following information related to a mortgage backed security.
The prepayment speed on the home equity loan ABS has been constant at 200 PPC. If the prepayment rate suddenly increased to 350 PPC, which of the following tranches would have the largest contraction?
A. Tranche B.
B. Tranche C.
C. Tranche D.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
If the prepayment speed has been a constant 200 PPC (or 200% of the prospectus payment curve), then Tranches A, B, and C have been receiving principal payments as scheduled. This occurs since the prepayment speed falls within the PAC collar. Tranche D is a designated support tranche for the PAC tranches and will absorb excess prepayments in order to maintain the scheduled prepayments for the PAC tranches. This type of structure is known as prepayment tranching (i.e., one or more tranches absorbs faster or slower prepayments to decrease the prepayment risk of other tranches). The PAC II tranche (Tranche C) could potentially absorb a greater amount of prepayments since PAC II tranches also support the PAC I tranches. Since prepayments have been within the initial collar up to this point, however, it is less likely that excess prepayments would be large enough to wipe out Tranche D, thereby forcing Tranche C to absorb excess prepayments. Tranche D will have the greatest contraction since it has no prepayment protection mechanisms in place. (Study Session 15. LOS 56.b,e)