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NEW QUESTION: 1
Which of the following is a valid approach to determining the magnitude of a shock for a given risk factor as part of a historical stress testing exercise?
I. Determine the maximum peak-to-trough change in the risk factor over the defined period of the historical event II. Determine the minimum peak-to-trough change in the risk factor over the defined period of the historical event III. Determine the total change in the risk factor between the start date and the finish date of the event regardless of peaks and troughs in between IV. Determine the maximum single day change in the risk factor and multiply by the number of days covered by the stress event
A. I, II and IV
B. IV only
C. II and IV
D. I and III
Answer: D
Explanation:
Explanation
Stress events rarely play out in a well defined period of time, and looking back it is always difficult to put exact start and end dates on historical stress events. Even after that is done, the question arises as to what magnitude of a change in a particular risk factor (for example interest rates, spreads, or exchange rates) are reasonable to consider for the purposes of the stress test.
Statements I and III correctly identify the two approaches that are acceptable and used in practice - the risk manager can either take the maximum adverse move - from peak to trough - in the risk factor, or alternatively he or she could consider the change in the risk factor from the start of the event to the end as defined for the purposes of the stress test. Between the two, the approach mentioned in statement III is considered slightly superior as it produces more believable shocks.
Statement II is incorrect because we never want to consider the minimum, and statement IV is not correct as it is likely to generate a shock of a magnitude that is not plausible. Therefore Choice 'b' is the correct answer.
NEW QUESTION: 2
Overview
You are a database administrator for a company named Litware, Inc.
Litware is a book publishing house. Litware has a main office and a branch office.
You are designing the database infrastructure to support a new web-based application that is being developed.
The web application will be accessed at www.litwareinc.com. Both internal employees and external partners will use the application.
You have an existing desktop application that uses a SQL Server 2008 database named App1_DB.
App1_DB will remain in production.
Requirements
Planned Changes
You plan to deploy a SQL Server 2014 instance that will contain two databases named Database1 and Database2.
All database files will be stored in a highly available SAN.
Database1 will contain two tables named Orders and OrderDetails.
Database1 will also contain a stored procedure named usp_UpdateOrderDetails.
The stored procedure is used to update order information. The stored procedure queries the Orders table twice each time the procedure executes.
The rows returned from the first query must be returned on the second query unchanged along with any rows added to the table between the two read operations.
Database1 will contain several queries that access data in the Database2 tables.
Database2 will contain a table named Inventory.
Inventory will contain over 100 GB of data.
The Inventory table will have two indexes: a clustered index on the primary key and a nonclustered index.
The column that is used as the primary key will use the identity property.
Database2 wilt contains a stored procedure named usp_UpdateInventory. usp_UpdateInventory will manipulate a table that contains a self-join that has an unlimited number of hierarchies. All data in Database2 is recreated each day ad does not change until the next data creation process. Data from Database2 will be accessed periodically by an external application named Application1. The data from Database2 will be sent to a database named Appl_Dbl as soon as changes occur to the data in Database2. Litware plans to use offsite storage for all SQL Server 2014 backups.
Business Requirements
You have the following requirements:
Costs for new licenses must be minimized.
Private information that is accessed by Application must be stored in a secure format.
Development effort must be minimized whenever possible.
The storage requirements for databases must be minimized.
System administrators must be able to run real-time reports on disk usage.
The databases must be available if the SQL Server service fails.
Database administrators must receive a detailed report that contains allocation errors and data
corruption.
Application developers must be denied direct access to the database tables. Applications must be
denied direct access to the tables.
You must encrypt the backup files to meet regulatory compliance requirements.
The encryption strategy must minimize changes to the databases and to the applications.
You need to recommend a solution for the deployment of SQL Server 2014. The solution must meet the business requirements. What should you include in the recommendation?
A. Upgrade the existing SQL Server 2008 instance to SQL Server 2014.
B. Deploy two servers that have SQL Server 2014 installed and implement database mirroring.
C. Deploy two servers that have SQL Server 2014 installed and implement Failover Clustering.
D. Create a new instance of SQL Server 2014 on the server that hosts the SQL Server 2008 instance.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Scenario: The databases must be available if the SQL Server service fails.
NEW QUESTION: 3
How do you commit all rows in a single transaction?
A. Select "Commit at the end of Insert... Select"
B. Select "Include in transaction" in the target table options
C. Specify the "Number of loaders" equal to one.
D. Specify "Rows per commit" equal to zero
Answer: B
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