IBFCSM CEDP Q&A - in .pdf

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  • Exam Code: CEDP
  • Exam Name: Certified Emergency and Disaster Professional
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NEW QUESTION: 1
One of your portfolio team members is confused on the reason behind using the three processes: Define Portfolio, Optimize Portfolio, Authorize Portfolio and Manage Portfolio value. For him, we can skip a couple of processes. He came to you for advice. What should be your response to him?
A. The processes are not similar and they are interrelated, they are continuously executed throughout the portfolio life cycle
B. The processes are similar and can be skipped. The reason they exist in the standard is to cover the define, align, and monitor and control process groups
C. The processes are part of the standard for portfolio management and should not be skipped
D. He is right, processes can be skipped if you want to do the other ones
Answer: A
Explanation:
Explanation
The processes are not similar; however they are interrelated. Define Portfolio categorizes the existing inventory of work into groups to ease their selection. Optimize portfolio is used to balance the portfolio components for performance and value delivery. Authorize Portfolio is used to initiate prioritize portfolio components. Manage Portfolio value is used to measure achieved value against planned one and be able to compare related benefits

NEW QUESTION: 2
"Prohibited transactions" are discussed in Standard IV (B.4), Priority of Transactions. Which of the following is NOT suggested as a firm policy?
A. Participation by investment personnel in equity should be restricted.
B. Firms must determine specific requirements relating to blackout period.
C. All individuals who are involved in the investment decision-making process should be subject to the same restricted period.
D. None of these answers.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Under the compliance procedures for Standard IV (B.4), members and their firms should clearly define prohibited transactions so that employees completely understand their obligations to clients and their employer. Participation by investment personnel in equity or equity-based IPOs should be restricted. Also, firm procedures should prevent managers or employees from initiating trades in a security for which their firms have a pending buy or sell order within a 24-hour period. Firms must determine specific requirements relating to such blackout periods. All individuals who are involved in the investment decisionmaking process should be subject to the same restricted period.

NEW QUESTION: 3
How many read/write heads are associated with each platter in a hard disk drive?
A. 0
B. 1
C. 2
D. 3
Answer: A

NEW QUESTION: 4
What systemd target represents a runlevel as known from System V?
A. Service
B. Socket
C. Pointer
D. Target
E. Scope
Answer: A

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