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NEW QUESTION: 1
Which definition of customer success is true?
A. It is a business methodology for increasing recurring revenues by minimizing the risk of churn while driving adoption and expansion.
B. It is a measure of the Net Promoter Score that results from a disciplined engagement of sales, services, marketing, and customer success teams working seamlessly to deliver a positive experience for the customer.
C. It is the business methodology of ensuring that customers are always on the latest software releases and subscription contracts so that they can focus on the core business activities that make them successful.
D. It is the business methodology of ensuring that customers achieve their expected and unexpected outcomes while using your product or service.
Answer: B

NEW QUESTION: 2
Jerry Sanders, CFA, has been asked to analyze the 20-year bonds of Marietta Tech, Inc., which are currently being held in a corporate bond portfolio managed by a colleague, and to recommend whether the bonds should be sold or held. The bonds currently have a yield spread of 1.55% over Treasuries.
Marietta Tech, Inc. designs, manufactures, and markets specialty trucks and truck bodies mounted on new truck chassis produced by others, including concrete mixers, refuse bodies, fire and emergency vehicles, defense trucks, cut-away and dry freight van bodies, refrigerated units, stake bodies, and other specialized trucks. Marietta also manufactures fiberglass wind deflectors, armored trucks, shuttle buses, and cargo vans. Marietta's customers are located in the United States and Canada.
Exhibit 1: Selected Financial Data for Marietta Tech, Inc. (in thousands of $)


At lunch Sanders discusses the credit analysis of various types of bonds with Elizabeth Yan, who was just hired as a bond analyst. Yan makes the following statements:
Statement 1: An analysis of the issuer's business and operating risks is important to the analysis of corporate bond credit risk but not important for the credit analysis of asset backed securities (ABS).
Statement 2: The unique bond covenants in a municipal bond's trust indenture require an additional level of credit analysis not necessary in a corporate credit analysis.
Jerry Sanders, CFA, has been asked to analyze the 20-year bonds of Marietta Tech, Inc., which are currently being held in a corporate bond portfolio managed by a colleague, and to recommend whether the bonds should be sold or held. The bonds currently have a yield spread of 1.55% over Treasuries.
Marietta Tech, Inc. designs, manufactures, and markets specialty trucks and truck bodies mounted on new truck chassis produced by others, including concrete mixers, refuse bodies, fire and emergency vehicles, defense trucks, cut-away and dry freight van bodies, refrigerated units, stake bodies, and other specialized trucks. Marietta also manufactures fiberglass wind deflectors, armored trucks, shuttle buses, and cargo vans. Marietta's customers are located in the United States and Canada.
Exhibit 1: Selected Financial Data for Marietta Tech, Inc. (in thousands of $)


At lunch Sanders discusses the credit analysis of various types of bonds with Elizabeth Yan, who was just hired as a bond analyst. Yan makes the following statements:
Statement 1: An analysis of the issuer's business and operating risks is important to the analysis of corporate bond credit risk but not important for the credit analysis of asset backed securities (ABS).
Statement 2: The unique bond covenants in a municipal bond's trust indenture require an additional level of credit analysis not necessary in a corporate credit analysis.
In addition to the factors noted by Pctrovich, which of the following is likely to be the most important in the risk assessment of tax-backed municipal debt?
A. An evaluation of trends in the local employment level and economic environment, which permits an assessment of the stability of the revenue base and the ability of the municipality to service the debt in the future.
B. A measure of the issuer's debt structure, such as debt as a percentage of total real estate value of properties subject to taxation.
C. An evaluation of any user-charge covenants that specify how prices will be set on the product or service provided by the municipality with the proceeds of the bond issue.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice C is most likely to best complement the other three factors Petrovich already mentioned. Choice A sounds reasonable, but it is very similar to factor (1) because both measure the municipality's debt burden, which means she already identified it. Covenants (as suggested in choice B) are important in the analysis of revenue bonds, not necessarily in the analysis of tax-backed bonds. (Study Session 14, LOS 51.h) (Study Session 14, LOS 54.d)

NEW QUESTION: 3
You have compromised a server on a network and successfully opened a shell. You aimed to identify all operating systems running on the network. However, as you attempt to fingerprint all machines in the network using the nmap syntax below, it is not going through.
invictus@victim_server:~$ nmap -T4 -O 10.10.0.0/24
TCP/IP fingerprinting (for OS scan) xxxxxxx xxxxxx xxxxxxxxx.
QUITTING!
What seems to be wrong?
A. OS Scan requires root privileges.
B. This is a common behavior for a corrupted nmap application.
C. The nmap syntax is wrong.
D. The outgoing TCP/IP fingerprinting is blocked by the host firewall.
Answer: A

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