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NEW QUESTION: 1
The accounting manager for your company has been manually processing payments to sales tax authorities for the past several years. You recently learned that Microsoft Dynamics 365 for Finance and Operations can automate much of those tasks.
You need to configure Microsoft Dynamics 365 Finance and Operations to calculate and make periodic payments to tax authorities automatically.
Which two tasks should be completed to make this configuration? Each correct answer presents part of the solution.
A. Create vendor accounts for the taxing agencies.
B. Assign vendors to the sales tax authorities.
C. Enter the company's sales tax ID in the sales tax authority field.
D. Create a main account with posting type: "sales tax"
Answer: A,B
NEW QUESTION: 2
Welche der folgenden Methoden ist am nützlichsten, um die Integrität einer wiederhergestellten Datenbank sicherzustellen?
A. Vorher-Nachher-Transaktionsbilder
B. Eine Kopie des Datenwörterbuchs
C. Anwendungstransaktionsprotokolle
D. Tools zur Datenbankdefragmentierung
Answer: A
NEW QUESTION: 3
Tamara Ogle, CFA, and Isaac Segovia, CAIA, are portfolio managers for Luca's Investment Management (Luca's). Ogle and Segovia both manage large institutional investment portfolios for Luca's and are researching portfolio optimization strategies.
Ogle and Segovia begin by researching the merits of active versus passive portfolio management. Ogle advocates a passive approach, pointing out that on a risk-adjusted basis, most managers cannot beat a passive index strategy. Segovia points out that there will always be a need for active portfolio managers because as prices deviate from fair value, active managers will bring prices back into equilibrium. They determine that Treynor-Black models permit active management within the context of normally efficient markets.
Ogle decides to implement Treynor-Black models in her practice and starts the implementation process. In conversations with her largest client's risk manager, Jim King, FRM, she is asked about separation theorem in relation to active portfolio management. She responds that separation theorem more properly relates to asset prices deviating from and gravitating toward their theoretical fair price. King next asks Ogle about the differences between the Sharpe ratio and the information ratio and the difference between the security market line (SML) and the capital market line (CML).
After reallocating her client portfolios based on using the Treynor-Black model, Ogle discusses the results with Segovia. Ogle states that she is satisfied with the current methodology, but given her preference for passive management, she is still concerned about relying on analyst's forecasts. Segovia tells Ogle that he will research methods for modifying the Treynor-Black model to account for analyst forecasts.
The optimal portfolio for an investor under the Treynor-Black model:
A. is not sensitive to a change in the risk-free rate of interest.
B. depends on the unsystematic risk of mispriced securities.
C. depends on analyst forecast accuracy.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
While theTrcynor-Black model can be modified to include analyst forecast accuracy in the calculation of active portfolio weights, this is not part of the model itself. The unsystematic risk of securities in the active portfolio is an important input into the information ratio and active portfolio weights. A change in the risk- free rate can be expected to change an investor's allocation between the risk-free asset and the optimal risky portfolio and will change the estimates of abnormal returns (alpha) for active portfolio stocks and, thereby, their portfolio weights. (Study Session 18, LOS 67.b)
NEW QUESTION: 4
A customeris creating a new dashboard in Business Insight. The customer adds a Real-time Monitoring (RTM) widget to this dashboard and makes some changes to it. The customer then saves the dashboard, reopens it and notices that the changes made to the RTM widget arelost. Why did this happen?
A. The customer did not save the individual widget before saving the dashboard.
B. The customer has no permission to edit this dashboard object in RTM.
C. The customer is sharing the dashboard object with other users.
D. The customer has no permission to create dashboard objects in RTM.
Answer: D
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