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Which of the following statements about record-level security in Microsoft Dynamics AX 2012 is true?
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B. Record-level security cannot be used to limit access to data based on a query.
C. Record-level security enables administrators to restrict the data that displays on menus.
D. Record-level security does not enable administrators to restrict the data that displays in reports.
Answer: A

NEW QUESTION: 3
You are the project manager of the CUL project in your organization. You and the project team are assessing the risk events and creating a probability and impact matrix for the identified risks. Which one of the following statements best describes the requirements for the data type used in qualitative risk analysis?
A. A qualitative risk analysis requires fast and simple data to complete the analysis.
B. A qualitative risk analysis required unbiased stakeholders with biased risk tolerances.
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D. A qualitative risk analysis encourages biased data to reveal risk tolerances.
Answer: C

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An investor holds $1m in face each of two bonds. Bond 1 has a price of 90 and a duration of 5 years. Bond 2 has a price of 110 and a duration of 10 years. What is the combined duration of the portfolio in years?
A. 0
B. 7.75
C. 7.25
D. 7.5
Answer: B
Explanation:
Explanation
The value of Bond 1 is $900,000 and the value of Bond 2 is $1,100,000, or their respective weights in the portfolio are 45% and 55% respectively. The combined duration is the weighted average of their individual durations, ie (45% x 5) + (55% x 10) = 7.75 years

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