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Exam Code: CTFL_Syll2018
Exam Name: ISTQB Certified Tester Foundation Level (Syllabus 2018)
Vendor: ISQI

60 Questions & Answers
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NEW QUESTION: 1
You are developing a web application that can function when users are not connected to the Internet.
You need to check the Internet connectivity status of a user's browser.
Which method should you use?

A. Option A
B. Option B
C. Option C
D. Option D
Answer: D
Explanation:
Navigator onLine Property
The onLine property returns a Boolean value that specifies whether the browser is in online or offline mode.
Example
Find out whether the browser is online:
var x = "Is the browser online? " + navigator.onLine;
The result of x will be:
Is the browser online? true
Reference: Navigator onLine Property

NEW QUESTION: 2
A bond with a 5% coupon trades at 95. An increase in interest rates by 10 bps causes its price to decline to
$94.50. A decrease in interest rates by 10 bps causes its price to increase to $95.60. Estimate the modified duration of the bond.
A. 5.5
B. 0
C. 1
D. 5.79
Answer: D
Explanation:
Explanation
In this case, we can estimate the duration of the bond as follows: we know that a 10 bps increase in rates causes the price to move to $94.50, and a 10 bps decrease causes the price to increase to $95.60. Thus, over the range of the 20 bps, the average change in price per basis point is ($95.60 - $94.50)/20 bps = $1.10/20 =
$0.055/basis point, or $0.055* 100 = $5.5 for 100 basis points (ie 1%). We know that modified duration is equivalent to the percentage change in the bond price as a result of a 1% change in interest rates. A 1% change in the interest rates leading to a $5.5 change in a bond priced at $95 equates to $5.5/$95 = 5.79%, in other words the modified duration is roughly equal to 5.79 years.
In fact if we know the price of a bond at any two different interest rates, we can make an estimate of modified duration. Modified duration is just the first derivative with respect to price, and given two prices and the associated yields, we can easily calculate modified duration to be the ratio of the change in price to the change in interest rates. In this question, we are given both an up move and a down move. Using this estimation, only one data point (ie, either the up price or the down price) in addition to the starting point ($95) would have been enough to come to a rough estimate of modified duration. You will notice that the modified duration would be slightly different if we were to use the high point and the starting point (ie $95.60 and $95), and the starting point and the lower point ($95 and $94.50). The difference is due to convexity. The decrease in price is lower than the increase in price - and this is due to the convexity of the bond.

NEW QUESTION: 3
In a Manufacturing Cloud post production support environment, a user wants to update some of the operations in the work orders by using the Midpoint Scheduling feature. However, the user is unable to update any of the orders.
Identify two reasons.
A. The scheduled resources are not part of the organization selected by the user.
B. The operations are missing sequence.
C. None of the operations include scheduled resources.
D. The work order operations do not have operations start or completion date.
Answer: B,C


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