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NEW QUESTION: 1
A. Option B
B. Option A
C. Option D
D. Option C
Answer: A
NEW QUESTION: 2
Which printers use the In-line technology?
A. most of the Color Laser printers
B. several OfficeJet printers
C. some of the Deskjet printers
D. all of the Business Inkjet printers
Answer: C
NEW QUESTION: 3
Mark Stober, William Robertson, and James McGuire are consultants for a regional pension consultancy.
One of their clients, Richard Smitherspoon, chief investment officer of Quality Car Part Manufacturing, recently attended a conference on risk management topics for pension plans. Smitherspoon is a conservative manager who prefers to follow a long-term investment strategy with little portfolio turnover.
Smitherspoon has substantial experience in managing a defined benefit plan but has little experience with risk management issues. Smitherspoon decides to discuss how Quality can begin implementing risk management techniques with Stober, Robertson, and McGuire. Quality's risk exposure is evaluated on a quarterly basis.
Before implementing risk management techniques, Smitherspoon expresses confusion regarding some measures of risk management. "I know beta and standard deviation, but what is all this stuff about convexity, delta, gamma, and vega?" Stober informs Smitherspoon that delta is the first derivative of the call-stock price curve, and Robertson adds that gamma is the relationship between how bond prices change with changing time to maturity.
Smitherspoon is still curious about risk management techniques, and in particular the concept of VAR. He asks, "What does a daily 5% VAR of $5 million mean? I just get so confused with whether VAR is a measure of maximum or minimum loss. Just last month, the consultant from MinRisk, a competing consulting firm, told me it was 'a measure of maximum loss, which in your case means we are 95% confident that the maximum 1-day loss is $5.0 million." McGuire states that his definition of VAR is that
"VAR is a measure that combines probabilities over a certain time horizon with dollar amounts, which in your case means that one expects to lose a minimum $5 million five trading days out of every 100." Smitherspoon expresses bewilderment at the different methods for determining VAR. "Can't you risk management types formulate a method that works like calculating a beta? It would be so easy if there were a method that allowed one to just use mean and standard deviation. I need a VAR that I can get my arms around." The next week, Stober visits the headquarters of TopTech, a communications firm. Their CFO is Ralph Long, who prefers to manage the firm's pension himself because he believes he can time the market and spot upcoming trends before analysts can. Long also believes that risk measurement for TopTech can be evaluated annually because of his close attention to the portfolio. Stober calculates TopTech's 95% surplus at risk to be S500 million for an annual horizon. The expected return on TopTech's asset base (currently at S2 billion) is 5%. The plan has a surplus of $100 million. Stober uses a 5% probability level to calculate the minimum amount by which the plan will be underfunded next year.
Regarding the definitions of VAR, are MinRisk and McGuire correct or incorrect?
A. One is correct.
B. Neither is correct.
C. Both are correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Both MinRisk and McGuire are correct.
VAR can be considered a minimum loss expected over a time horizon at a given probability. In this particular case, one would expect to exceed the VAR 5% of the time. MinRisk interpretation is also correct.
Watch the wording in VAR questions.
VAR is a measure that combines probabilities over a certain time horizon with dollar amounts, which in the statement means that one expects to lose at least $5 million in five trading days out of 100. (Study Session
14, LOS 40.e)
NEW QUESTION: 4
애플리케이션은 여러 이벤트에 대한 응답으로 Amazon SNS 메시지를 게시합니다. AWS Lambda 함수는 이러한 메시지를 구독합니다. 메시지를 처리하는 동안 기능이 실패하는 경우가 있으므로 근본 원인 분석을 위해 원래 이벤트 메시지를 보존해야 합니다.
워크 플로를 변경하지 않고 어떤 아키텍처가 이러한 요구 사항을 충족합니까?
A. Lambda 함수를 동 기적으로 호출하도록 Amazon SNS 주제를 구성하십시오.
B. SQS Dead Letter Queue에 오류를 쓰도록 Lambda를 구성하십시오.
C. Amazon SNS 주제에 대한 데드 레터 큐를 구성하십시오.
D. Amazon SQS 대기열을 Amazon SNS 주제에 가입시키고 대기열에서 Lambda 기능을 트리거합니다.
Answer: C
Explanation:
Explanation
https://aws.amazon.com/about-aws/whats-new/2019/11/amazon-sns-adds-support-for-dead-letter-queues-dlq/
https://docs.aws.amazon.com/lambda/latest/dg/with-sqs.html
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