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NEW QUESTION: 1
In Microsoft Dynamics AX 2012, when can you enable delivery date control for a sales order?
A. When posting a packing slip for the sales order.
B. When creating the sales order.
C. When picking items on the sales order.
D. When changing the shipping address.
Answer: B

NEW QUESTION: 2
Factor Analytics Capital Management makes portfolio recommendations using various factor models.
Mauricio Rodriguez, a Factor Analytics research analyst, is examining the prospects of two portfolios, the FACM Century Fund (CF) and the FACM Esquire Fund (EF).
The variance of returns are identical for the two funds. The estimates in Exhibit 1 were derived for CF and EF using monthly data for the past five years.

Supervisor Barbara Woodson asks Rodriguez to use the Capita! Asset Pricing Model (CAPM) and a multifactor model (APT) to make a decision to continue or discontinue the EF fund. The two factors in the multifactor model are not identified. To help with the decision, Woodson provides Rodriguez with the capital market forecasts in Exhibit 2.

After examining the prospects for the EF portfolio, Rodriguez derives the forecasts in Exhibit 3.

Rodriguez also develops a 2-factor macroeconomic factor model for the EF portfolio. The two factors used in the model are the surprise in GDP growth and the surprise in Investor Sentiment. The equation for the macro factor model is:

During an investment committee meeting, Woodson makes the following statements related to the 2-factor macroeconomic factor model.
Statement 1: An investment combination in CF and EF that provides a GDP growth factor beta equal to one and an Investor Sentiment factor beta equal to zero will have lower active factor risk than a tracking portfolio consisting of CF and EF.
Statement 2: When markets are in equilibrium, no combination of CF and EF will produce an arbitrage opportunity In their final meeting, Rodriguez informs Woodson that the CF portfolio consistently outperformed its benchmark over the past five years. Rodriguez makes the following comments to Woodson: "The consistency with which CF outperformed its benchmark is amazing. The difference between the CF monthly return and its benchmark return was nearly always positive and varied little over time." Using the market model estimates for CF and EF, which fund has higher:
Systematic risk? Unsystematic risk?
A. EF ;CF
B. CF ;CF
C. CF ;EF
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The slope of the market model is the beta. Systematic risk is high for high beta funds. From Exhibit 1, the market beta is lower for CF (0.70) versus EF (1.50). Unsystematic risk is measured by the variance of the market model error (e). The information provided in the vignette states that the variances are identical for CF and EF. We can determine which fund has larger unsystematic risk by using the market model formula for the variance:

because the bera is smaller for CF versus EF. The vignette states
that the variances for CF and EF are identical. Therefore, if the total variances are identical, and if the first component is smaller for CF versus EF, then the second component (unsystematic risk) must be larger for CF versus EF. (Study Session 18, LOS 64.f,g)

NEW QUESTION: 3
关于 STP 、 RSTP 和 MSTP 说法正确的是 ______ 。(多选)
A. MSTP 不能快速收敛,当网络拓扑结构发生变化时,原来阻塞的端口需要等待一段时间才能变为转发状态。
B. MSTP 兼容 RSTP ,但不兼容 STP 。
C. RSTP 是 STP 协议的优化版。端口进入转发状态的延迟在某些条件下大大缩短,从而缩短了网络最终达到拓扑稳定所需要的时间。
D. MSTP 可以弥补 STP 和 RSTP 的缺陷,它既能快速收敛,也能使不同 VLAN 的流量沿各自的路径转发,从而为冗余链路提供了更好的负载分担机制。
Answer: C,D

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