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  • Exam Number/Code : CSC1
  • Exam Name : Canadian Securities Course Exam 1
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NEW QUESTION: 1
What is a licensed feature of Dell Storage Manager?
A. Replication and Live Volumes
B. Data Reduction
C. Data Center Bridging (DCB) Support
D. Storage-based Chargeback
Answer: D

NEW QUESTION: 2
Factor Analytics Capital Management makes portfolio recommendations using various factor models.
Mauricio Rodriguez, a Factor Analytics research analyst, is examining the prospects of two portfolios, the FACM Century Fund (CF) and the FACM Esquire Fund (EF).
The variance of returns are identical for the two funds. The estimates in Exhibit 1 were derived for CF and EF using monthly data for the past five years.

Supervisor Barbara Woodson asks Rodriguez to use the Capita! Asset Pricing Model (CAPM) and a multifactor model (APT) to make a decision to continue or discontinue the EF fund. The two factors in the multifactor model are not identified. To help with the decision, Woodson provides Rodriguez with the capital market forecasts in Exhibit 2.

After examining the prospects for the EF portfolio, Rodriguez derives the forecasts in Exhibit 3.

Rodriguez also develops a 2-factor macroeconomic factor model for the EF portfolio. The two factors used in the model are the surprise in GDP growth and the surprise in Investor Sentiment. The equation for the macro factor model is:

During an investment committee meeting, Woodson makes the following statements related to the 2-factor macroeconomic factor model.
Statement 1: An investment combination in CF and EF that provides a GDP growth factor beta equal to one and an Investor Sentiment factor beta equal to zero will have lower active factor risk than a tracking portfolio consisting of CF and EF.
Statement 2: When markets are in equilibrium, no combination of CF and EF will produce an arbitrage opportunity In their final meeting, Rodriguez informs Woodson that the CF portfolio consistently outperformed its benchmark over the past five years. Rodriguez makes the following comments to Woodson: "The consistency with which CF outperformed its benchmark is amazing. The difference between the CF monthly return and its benchmark return was nearly always positive and varied little over time." Are Woodson's Statements 1 and 2 regarding the macro factor model correct?
A. Only Statement 2 is correct.
B. Both statements are correct.
C. Only Statement 1 is correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
A portfolio that has a factor beta equal to one for one factor and factor betas equal to zero for all other factors is called a "factor portfolio." In contrast, a portfolio that has factor betas equal to the benchmark factor betas is called a "tracking portfolio." Unlike the tracking portfolio, the factor portfolio betas are not identical to the benchmark betas. As a result, factor portfolios have higher active factor risk (which refers to the deviations of a portfolio's factor betas from those of the benchmark). Therefore, Woodson's first statement is not correct.
Her second statement is correct. When markets are in equilibrium, all expected (i.e., forecast) asset returns equal their required returns. An arbitrage opportunity refers to an investment that requires no cost and no risk yet still provides a profit. If markets are in equilibrium, no profits can be earned from a costless, riskless investment. (Study Session 18, LOS 64.j,m)

NEW QUESTION: 3
Your network contains an Active Directory domain named contoso.com. The network contains 500 client computers that run Windows 8. All of the client computers connect to the Internet by using a web proxy.
You deploy a server named Server1 that runs Windows Server 2012. Server1 has the DNS Server server role installed.
You configure all of the client computers to use Server1 as their primary DNS server.
You need to prevent Server1 from attempting to resolve Internet host names for the client computers.
What should you do on Server1?
A. Create a stub zone named "root".
B. Configure the Security settings of the contoso.com zone.
C. Create a primary zone named ".".
D. Create a primary zone named "GlobalNames".
Answer: A
Explanation:
When a zone that this DNS server hosts is a stub zone, this DNS server is a
source only for information about the authoritative name servers for this zone. The zone at
this server must be obtained from another DNS server that hosts the zone. This DNS
server must have network access to the remote DNS server to copy the authoritative name
server information about the zone.
Note:
You can use stub zones to:
*Keep delegated zone information current. By updating a stub zone for one of its child zones regularly, the DNS server that hosts both the parent zone and the stub zone will maintain a current list of authoritative DNS servers for the child zone.
*Improve name resolution. Stub zones enable a DNS server to perform recursion using the stub zone's list of name servers, without having to query the Internet or an internal root server for the DNS namespace.
*Simplify DNS administration. By using stub zones throughout your DNS infrastructure, you can distribute a list of the authoritative DNS servers for a zone without using secondary zones. However, stub zones do not serve the same purpose as secondary zones, and they are not an alternative for enhancing redundancy and load sharing.
Incorrect: Not D:
*The DNS Server Role in Windows Server 2008 now supports the GlobalNames Zone. This has been introduced to assist organizations to move away from WINS and allow organizations to move to an all-DNS environment. Unlike WINS, The GlobalNames zone is not intended to be used for peer-to-peer name resolution.
*The DNS Server Role in Windows Server 2008 now supports the GlobalNames Zone. This has been introduced to assist organizations to move away from WINS and allow organizations to move to an all-DNS environment. Unlike WINS, The GlobalNames zone is not intended to be used for peer-to-peer name resolution.
Reference: Understanding Zone Types Your network contains two servers named Server1 and Server2 that run Windows Server 2012. Server1 is a DHCP server that is configured to have a scope named Scope1. Server2 is configured to obtain an IP address automatically.

 

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CSC1 Reliable Exam Test & New CSC1 Exam Dumps - Latest CSC1 Version - Cads-Group


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