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Exam Code: L4M7
Exam Name: CIPS Whole Life Asset Management
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1
Examine this statement:

On which two columns of the table will an index be created automatically?
A. SERIAL_NO
B. STATUS
C. ORDER_TOTAL
D. PRODUCT_ID
E. ORDER_DATE
F. ORDER_ID
Answer: A,F

NEW QUESTION: 2
A business analyst wishes to organise a requirements catalogue. He is aware of four kinds of requirements, those which:
(a) Describe the level of service required by the system.
(b) Are constraints placed on the system in terms of general rules of
operation.
(c) Refer to specific features to be delivered by the system.
(d) Are derived from software policies that reflect the company's IT
infrastructure.
Which of the following is the CORRECT allocation of categories of these four kinds of requirements?
A. (a) General; (b) Technical; (c) Non-Functional; (d) Functional.
B. (a) Functional; (b) Non-Functional; (c) Technical; (d) General.
C. (a) Non-Functional; (b) General; (c) Functional; (d) Technical.
D. (a) Technical; (b) Functional; (c) General; (d) Non-Functional.
Answer: C

NEW QUESTION: 3
Which of the following statements about skewness of an empirical probability distribution are correct?
1.When sampling returns from a time series of asset prices, discretely compounded returns exhibit higher skewness than continuously compounded returns
2.When the mean is significantly less than the median, this is an indication of negative skewness
3.Skewness is a sign of asymmetry in the dispersion of the data
A. All three statements are correct
B. Statements 2 and 3 are correct
C. Statements 1 and 3 are correct
D. Statements 1 and 2 are correct
Answer: A


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