Fortinet FCSS_SASE_AD-25 Q&A - in .pdf

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  • Exam Code: FCSS_SASE_AD-25
  • Exam Name: FCSS - FortiSASE 25 Administrator
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  • Q & A: 85 Questions and Answers
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NEW QUESTION: 1
A customer has a single frame with seven compute modules in bays 1-7. The customer has an HPE Synergy
12Gb SAS should Module in slot 1. The customer recently made a change require high availability for its storage.
A. Move the compute module from bay 7 to bay 12.
B. Install an additional Synergy integrator do to the customer to support bays 7-12
C. Add another HPE Synergy 12GB SAS Connecttion module to bay 4.
D. Move the mezzanine Card to slot 2 on each compute module.
Answer: C

NEW QUESTION: 2
Geneva Management (GenM) selects long-only and long-short portfolio managers to develop asset allocation recommendations for their institutional clients.
GenM Advisor Marcus Reinhart recently examined the holdings of one of GenM's long-only portfolios actively managed by Jamison Kiley. Reinhart compiled the holdings for two consecutive non-overlapping five year periods. The Morningstar Style Boxes for the two periods for Kiley's portfolio are provided in Exhibits 1 and 2.
Exhibit 1: Morningstar Style Box: Long-Only Manager for Five-Year Period 1.

Exhibit 2: Morningstar Style Box: Long-Only Manager for Five-Year Period 2

Reinhart contends that the holdings-based analysis might be flawed because Kiley's portfolio holdings are known only at the end of each quarter. Portfolio holdings at the end of the reporting period might misrepresent the portfolio's average composition. To compliment his holdings-based analysis, Reinhart also conducts a returns-based style analysis on Kiley's portfolio. Reinhart selects four benchmarks:
1. SCV: a small-cap value index.
2. SCG: a small-cap growth index.
3. LCV: a large-cap value index.
4. LCG: a large-cap growth index.
Using the benchmarks, Reinhart obtains the following regression results:
Period 1: Rp = 0.02 + H0.01(SCV) + 0.02(SCG) + 0.36(LCV) + 0.61(LCG)
Period 2: Rp = 0.02 + 0.01(SCV) + 0.02(SCG) + 0.60(LCV) + 0.38(LCG)
Kiley's long-only portfolio is benchmarked against the S&P 500 Index. The Index's current sector allocations are shown in Exhibit 3.
Exhibit 3: S&P 500 Index Sector Allocations

GenM strives to select managers whose correlation between forecast alphas and realized alphas has been fairly high, and to allocate funds across managers in order to achieve alpha and beta separation. GenM gives Reinhart a mandate to pursue a core-satellite strategy with a small number of satellites each focusing on a relatively few number of securities.
In response to the core-satellite mandate, Reinhart explains that a Completeness Fund approach offers two advantages:
Advantage 1: The Completeness Fund approach is designed to capture the stock selecting ability of the active manager, while matching the overall portfolio's risk to its benchmark.
Advantage 2: The Completeness Fund approach allows the Fund to fully capture the value added from active managers by eliminating misfit risk.
Reinhart is more likely to satisfy the GenM alpha and beta separation objective by:
A. allocating funds to his long-only active managers and to his passive market index fund manager.
B. allocating funds to his market-neutral long-short managers and to his passive market index fund manager.
C. allocating funds solely to his market-neutral long-short managers.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
In an alpha and beta separation approach, the investor gains systematic risk exposure by allocating funds to (low-cost) passive index managers, while separately adding alpha via allocation of funds to market- neutral long-short managers. (Study Session 11, LOS 33-t)

NEW QUESTION: 3
You have a System View that contains all active accounts. You want a similar view that also includes inactive accounts.
You need to create a copy of the System View.
What should you do?
A. While editing the System View, select Save As, and give the new view a name.
B. While viewing the System View, select Save As, and give the new view a name.
C. While editing the System View, select Copy View, and give the copy a name.
D. When viewing the list of System Views for the Accounts, select Copy View, and give the copy a name.
Answer: A
Explanation:
Explanation/Reference:
Reference: https://technet.microsoft.com/library/dn509578.aspx

NEW QUESTION: 4
The configuration information of a router is as follows. Which combination of username and password used by the peer router can enable PPP channel associated to complete authentication?

A. Username: test2 Password: test2
B. Username: test1 Password: test1
C. Username: test2 Password: test
D. Username: test Password: test
Answer: D

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