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NEW QUESTION: 1
The objective function satisfying the mean-variance criterion for a gamble with an expected payoff of x, variance var(x) and coefficient of risk tolerance is is:
A)
B)
C)
D)
A. Option A
B. Option D
C. Option B
D. Option C
Answer: B
Explanation:
Explanation
Choice 'd' represents the mean-variance function to be maximized for selecting between mutually exclusive gambles. The other choices are incorrect.
(The mean-variance criterion is a fairly complex subject, and this question is only intended to make sure that you know, and can identify the function that is being maximized. A complete explanation/derivation of the mean-variance criterion, that links together expected returns, volatility and the risk tolerance of the investor to arrive at the efficient frontier is beyond the scope of the PRM syllabus.)
NEW QUESTION: 2
Which of the following behaviors is LEAST important for an auditor to exhibit?
A. Remaining calm throughout the audit
B. Displaying honesty and forthrightness
C. Working in a planned and systematic manner
D. Adhering to the original audit plan
Answer: D
NEW QUESTION: 3
Sun Stable is a global insurance company with headquarters located in Houston, Texas. The campus there is made up of a number of office buildings located within the same vicinity. In 2003, a new building, Building 331B was added. The additional building houses approximately 1000 employees. Rather than deploy a private branch exchange (PBX) in the new building, Sun Stable has decided to implement an IP telephony solution. External calls will be carried across a MAN link to another building, where a gateway connects into the worldwide PBX network of Sun Stable. Voice mail and unified messaging components are required and all IP phones and workstations should be on separate VLANs and IP subnets.
Which IP telephony deployment best suits their need?
A. single-site
B. multisite with distributed call processing
C. multisite with centralized call processing
D. clustering over the WAN
Answer: A
Explanation:
Section: (none)
Explanation/Reference:
NEW QUESTION: 4
You can integrate sourcing, contract, and supplier data between SAP ERP or SAP S/4HANA and the following applications:
A. SAP Ariba Sourcing
B. SAP Ariba Contracts
C. SAP Ariba Supplier Information and Performance
Management
D. All of above
E. SAP Ariba Supplier Lifecycle and Performance, previously referred to as Ariba Supplier Management
Answer: D
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