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NEW QUESTION: 1
You need to create a table named Sales that meets the following requirements:
Which Transact-SQL statement should you run?
A. Option B
B. Option C
C. Option D
D. Option A
Answer: A
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/sql/t-sql/data-types/decimal-and-numeric-transact-sql?view=sql-server-2017
https://docs.microsoft.com/en-us/sql/t-sql/data-types/float-and-real-transact-sql?view=sql-server-2017
NEW QUESTION: 2
Hinweis: Diese Frage ist Teil einer Reihe von Fragen, die dasselbe Szenario darstellen. Jede Frage in der Reihe enthält eine eindeutige Lösung, mit der die angegebenen Ziele erreicht werden können. Einige Fragensätze haben möglicherweise mehr als eine richtige Lösung, während andere möglicherweise keine richtige Lösung haben.
Nachdem Sie eine Frage in diesem Abschnitt beantwortet haben, können Sie NICHT mehr darauf zurückgreifen. Infolgedessen werden diese Fragen nicht im Überprüfungsbildschirm angezeigt.
Sie haben einen Computer mit dem Namen Computer1, auf dem Windows 10 ausgeführt wird.
Ein Dienst mit dem Namen Application1 wird wie in der Abbildung gezeigt konfiguriert.
Sie stellen fest, dass ein Benutzer das Konto Service1 verwendet hat, um sich bei Computer1 anzumelden, und einige Dateien gelöscht hat.
Sie müssen sicherstellen, dass die von Application1 verwendete Identität nicht von einem Benutzer zum Anmelden beim Desktop auf Computer1 verwendet werden kann. Die Lösung muss das Prinzip des geringsten Privilegs anwenden.
Lösung: Auf Computer1 weisen Sie Service1 das lokale Benutzerrecht zum Verweigern der Anmeldung zu.
Erfüllt dies das Ziel?
A. Nein
B. Ja
Answer: B
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/windows/security/threat-protection/security-policy-settings/deny-log-on-locally
NEW QUESTION: 3
Jack Rose and Ryan Boatman are analysts with Quincy Consultants. Quincy provides advice on risk management and performance presentation to pension plans, insurance firms, and other institutional portfolio managers throughout the United States and Canada.
Rose and Boatman are preparing an analysis of the defined benefit pension plans for four mature corporations in the United States. In an effort to ascertain the risk to the firm's shareholders from the plans.
Rose and Boatman gather the information in Figure 1:
Figure 1: Pension Plan Data
While discussing how the weighted average cost of capital (WACC) for a corporation can be adjusted to incorporate pension asset risk. Rose and Boatman make the following comments:
* Rose: "From what I understand, in order to calculate a true weighted average cost of capital, management should consider the assets held in their pension plan. Because pension plans hold equity securities as assets, the plan assets usually have a higher weighted average beta than the sponsoring firm's operating assets. This means the typical firm's weighted average asset beta and cost of capital are higher than when calculated using only the operating assets. If management bases their accept/reject decisions on a weighted average cost of capital that considers only operating assets, they might accept projects that really should have been rejected."
* Boatman: "I'm not sure I agree with you. To match the maturity of their liabilities, pension plans like to hold at least half their assets in long maturity bonds. Then, since the bonds have a long weighted average duration, they have considerable interest rate sensitivity. This is really what makes the pension assets riskier than the firm's operating assets. However, since debt securities have zero betas, they have a low weighted average asset beta and the firm has a lower weighted average cost of capital when pension assets are considered than when they are not considered. The result of considering only the operating assets is that the weighted average cost of capital is inflated and management tends to incorrectly reject projects that could have been accepted." In a visit to the headquarters of Beeman Enterprises, Rose and Boatman explain how in an expanded balance sheet format, a change in a pension plan's asset allocation can result in a change in the firm's financial ratios. To illustrate the concept to the firm's chief financial officer, they provide three different scenarios (shown in Figure 2) indicating necessary changes in the firm's capital structure under the assumption that the firm's pension plan increases its allocation to equity and management wants to keep the sponsoring firm's cost of equity capital constant (i.e., constant equity beta).
Figure 2: Cost of Capital Scenarios
Quincy Consultants has also provided advice to Monroe Portfolio Managers. Among its investments, Monroe has a real estate portfolio that invests in shopping centers and office buildings throughout the southern United States. The firm has provided the following data to calculate and report quarterly returns to current and prospective investors. Additionally, the capital contribution came on day 47 (0.52 into the quarter) and the capital disbursement came on day 67 (0.74 into the quarter).
After calculating the capital return and income return for the portfolio, Rose and Boatman discuss the performance presentation standards for real estate and private equity portfolios. Discussing the differences between the general provisions of the GIPS standards and those for real estate and private equity portfolios, Rose states the following:
1. "The general provisions require that valuations take place monthly until 2010. For real estate, valuations could be done annually until 2008, but starting in 2008 quarterly valuations are required. For private equity, valuations should be performed annually."
2. "The performance standards in the general provisions for real estate and for private equity require that both gross-of-fees and net-of-fees returns are presented." Also commenting on the differences between the various GIPS requirements, Boatman states the following:
1. "Although the general provisions for GIPS make the verification of GIPS compliance by an outside third party voluntary, the valuation of real estate and private equity by an outside third party is required by GIPS."
2. "The GIPS general provisions for real estate and for private equity require that both income and capital gains are included in the calculation and presentation of returns." Determine whether Rose's two comments on the GIPS standards are correct or incorrect.
A. Only statement 1 is correct.
B. Only statement 2 is correct.
C. Both statements are correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Comment 1 is correct. The general provisions require that valuations take place monthly until 2010. After
2010, valuations must also occur anytime a large external cash flow occurs. For real estate, valuations should take place annually until 2008, after which quarterly valuations are required. For private equity, valuations should take place annually.
Comment 2 is incorrect. The performance standards in the general provisions allow either gross or net of fees returns to be presented. The standards for real estate do not differ from the general provisions in this regard. For private equity, both net-of-fees and gross-of-fees return must be presented in the case of the composite since-inception internal rate of return. (Study Session 18, LOS 49.q)
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