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NEW QUESTION: 1
Refer to the exhibit.

The App-Dev team requests that IT provide them with a multi-cloud catalog where they can use self-service to deploy their own development workloads without needing to raise a work order with the IT team. The company security policy requires that users be granted the least privileges necessary to fulfill their role.
Within vRealize Automation (vRA), the administrator successfully updates the existing directory configuration to include the App-Dev-User group and then uses the Enterprise Groups feature to assign both organization and service roles to the App-Dev team. The administrator then logs into vRA, creates a dedicated App-Dev project and adds the appropriate development cloud zones, synchronizes the standardized blueprints from GitHub and releases them to Service Broker and configures the content sources so they show up in the service catalog. The administrator checks and is able to see the blueprints, and requests that the App-Dev team leader log in and access the catalog. The App-Dev team leader replies with the attached screenshot and requests more information about where to find the service catalog.
Which two actions should the administrator take within Identity & Access Management to resolve the access issue for the App-Dev team? (Choose two.)
A. Assign the Cloud Assembly User service role.
B. Assign the Service Broker User service role.
C. Change the assigned organization role to Owner.
D. Change the assigned organization role to Member.
E. Assign the Service Broker Administrator service role.
Answer: B,D

NEW QUESTION: 2
-- Exhibit --
We have been engaged by a research hospital to help upgrade their Isilon installation. They currently have
12 previous generation Isilon nodes with 200TB of capacity and run on a 1Gbps network. They currently have 6 Illumina Hi-Seq Sequencers and an HPC cluster to process data. They would like to expand Isilon to 2PB of active data and 1PB of archive data. They use a third party data and metadata management service (IRODs) to stage data for analysis. The Isilon cluster is mainly used for analysis work with the HPC cluster.
-- Exhibit --
The customer will add two more Illumina Hi-Seq Sequencers in the next 6 months.
Once these are added, what is the total amount of data from all the sequencers they can expect to add per month?
A. 9.6 TB
B. 14.4 TB
C. 4.8 TB
D. 1.2 TB
Answer: A

NEW QUESTION: 3
An information security manager is preparing a presentation to obtain support for a security initiative. Which of the following would be the BEST way to obtain management's commitment for the initiative?
A. Include industry benchmarking comparisons.
B. Provide the estimated return on investment.
C. Include historical data of reported incidents.
D. Provide an analysis of current risk exposures.
Answer: D

NEW QUESTION: 4
Joan Nicholson, CFA, and Kim Fluellen, CFA, sit on the risk management committee for Thomasville Asset Management. Although Thomasville manages the majority of its investable assets, it also utilizes outside firms for special situations such as market neutral and convertible arbitrage strategies. Thomasville has hired a hedge fund, Boston Advisors, for both of these strategies. The managers for the Boston Advisors funds are Frank Amato, CFA, and Joseph Garvin, CFA. Amato uses a market neutral strategy and has generated a return of S20 million this year on the $100 million Thomasville has invested with him. Garvin uses a convertible arbitrage strategy and has lost $15 million this year on the $200 million Thomasville has invested with him, with most of the loss coming in the last quarter of the year. Thomasville pays each outside manager an incentive fee of 20% on profits. During the risk management committee meeting Nicholson evaluates the characteristics of the arrangement with Boston Advisors. Nicholson states that the asymmetric nature of Thomasville's contract with Boston Advisors creates adverse consequences for Thomasville's net profits and that the compensation contract resembles a put option owned by Boston Advisors.
Upon request, Fluellen provides a risk assessment for the firm's large cap growth portfolio using a monthly dollar VAR. To do so, Fluellen obtains the following statistics from the fund manager. The value of the fund is $80 million and has an annual expected return of 14.4%. The annual standard deviation of returns is
21.50%. Assuming a standard normal distribution, 5% of the potential portfolio values are 1.65 standard deviations below the expected return.
Thomasville periodically engages in options trading for hedging purposes or when they believe that options are mispriced. One of their positions is a long position in a call option for Moffett Corporation. The option is a European option with a 3-month maturity. The underlying stock price is $27 and the strike price of the option is $25. The option sells for S2.86. Thomasville has also sold a put on the stock of the McNeill Corporation. The option is an American option with a 2-month maturity. The underlying stock price is $52 and the strike price of the option is $55. The option sells for $3.82. Fluellen assesses the credit risk of these options to Thomasville and states that the current credit risk of the Moffett option is $2.86 and the current credit risk of the McNeill option is $3.82.
Thomasville also uses options quite heavily in their Special Strategies Portfolio. This portfolio seeks to exploit mispriced assets using the leverage provided by options contracts. Although this fund has achieved some spectacular returns, it has also produced some rather large losses on days of high market volatility.
Nicholson has calculated a 5% VAR for the fund at $13.9 million. In most years, the fund has produced losses exceeding $13.9 million in 13 of the 250 trading days in a year, on average. Nicholson is concerned about the accuracy of the estimated VAR because when the losses exceed $13.9 million, they are typically much greater than $13.9 million.
In addition to using options, Thomasville also uses swap contracts for hedging interest rate risk and currency exposures. Fluellen has been assigned the task of evaluating the credit risk of these contracts.
The characteristics of the swap contracts Thomasville uses are shown in Figure 1.

Fluellen later is asked to describe credit risk in general to the risk management committee. She states that cross-default provisions generally protect a creditor because they prevent a debtor from declaring immediate default on the obligation owed to the creditor when the debtor defaults on other obligations.
Fluellen also states that credit risk and credit VAR can be quickly calculated because bond rating firms provide extensive data on the defaults for investment grade and junk grade corporate debt at reasonable prices.
Regarding Fluellen's comments on the credit risk of the Moffett and McNeill options:
A. Fluellen is incorrect regarding both the Moffett and McNeill options.
B. Fluellen is only correct regarding the Moffett option.
C. Fluellen is only correct regarding the McNeill option.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Fluellen is incorrect regarding the Moffett option. There is no current credit risk of this option because it is a European option and cannot be exercised until maturity. It only has potential credit risk (i.e., the risk of non- payment ac maturity, at which time the value of the option will likely be different than its current value).
However, it would be correct to say that the current value of the potential credit risk is its current market value, which is the $2.86.
Fluellen is incorrect regarding the McNeill option. There is no credit risk in an option to the seller (Thomasville). Once the option is sold, it is the buyer of the option that faces the risk that the seller will not honor the contract. That is, once the seller receives the option premium when the option is sold, the option seller has no other payments due to them. (Study Session 14, LOS 40.i)