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NEW QUESTION: 1
A warrant differs from a standard call option in that:
A. a standard call option generally has a longer period to expiration than a warrant.
B. when a warrant is exercised, the firm whose stock is being purchased will have an increase in cash; this is not the case when a standard call option is exercised.
C. when a call option is exercised, the outstanding shares of the firm whose stock is being purchased increases; this does not occur when a warrant is exercised.
D. a warrant gives the holder the right to sell shares of the underlying stock; a call option gives the holder the right to buy shares of the underlying stock.
Answer: B
Explanation:
Explanation/Reference:
Explanation: A warrant differs from a standard call option in that when a warrant is exercised, the firm whose stock is being purchased will have an increase in cash; this is not the case when a standard call option is exercised. Both the warrant and the call option give the holder the right to purchase shares of a firm's stock, but the writer (seller) of a warrant is the firm itself whereas the writer of a standard call option is simply another investor. Upon exercising a warrant, the investor buys the stock from the firm itself, which increases the firm's cash account. When a call option is exercised, another investor's cash account is increased. For the same reason, when a call option is exercised, nothing happens to the outstanding shares of the firm; but when a warrant is exercised, the firm's outstanding shares will increase.
NEW QUESTION: 2
VPN-IPv4 addressing is made unique by defining an address structure consisting of:
A. A 64-bit Route Target followed by a 32-bit IPv4 address.
B. A 32-bit Route Target followed by a 32-bit IPv4 address.
C. A 64-bit Route Distinguisher followed by a 32-bit IPv4 address.
D. A 32-bit Route Distinguisher followed by a 32-bit IPv4 address.
Answer: C
NEW QUESTION: 3
Concurrent use of a firewall, content filtering, antivirus software and an IDS system would be considered components of:
A. Application control.
B. Redundant systems.
C. Separation of duties.
D. Layered security.
Answer: D
Explanation:
Layered security is the practice of combining multiple mitigating security controls to protect resources and data.
Incorrect Answers:
A. Redundancy is the duplication of critical components or functions of a system with the intention of increasing reliability of the system, usually in the form of a backup or fail-safe.
B. Separation of duties is the division of administrator or privileged tasks into distinct groupings, which are individually assigned to unique administrators. The application of separation of duties prevents a single user having complete access or power over an entire network, server, or system.
D. Application control is a device-management solution that limits which applications can be installed onto a device.
References:
http://en.wikipedia.org/wiki/Layered_security
http://en.wikipedia.org/wiki/Redundancy_(engineering)
Stewart, James Michael, CompTIA Security+ Review Guide, Sybex, Indianapolis, 2014, pp. 82, 272
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