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Exam Code: L3M3
Exam Name: Contract Administration
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1

A. A
B. CNAME
C. SRV
D. MX
Answer: B
Explanation:
A CNAME record maps a specific domain, such as contoso.com or www.contoso.com, to a canonical domain name. In this case, the canonical domain name is the <myapp>.cloudapp.net domain name of your Azure hosted application. Once created, the CNAME creates an alias for the <myapp>.cloudapp.net. The CNAME entry will resolve to the IP address of your <myapp>.cloudapp.net service automatically, so if the IP address of the cloud service changes, you do not have to take any action.
Incorrect: Not D:
*Since an A record is mapped to a static IP address, it cannot automatically resolve changes to the IP address of your Cloud Service.
*An A record maps a domain, such as contoso.com or www.contoso.com, or a wildcard domain such as *.contoso.com, to an IP address. In the case of an Azure Cloud Service, the virtual IP of the service. So the main benefit of an A record over a CNAME record is that you can have one entry that uses a wildcard, such as *.contoso.com, which would handle requests for multiple sub-domains such as mail.contoso.com, login.contoso.com, or www.contso.com.
Reference: Configuring a custom domain name for an Azure cloud service
http://azure.microsoft.com/en-gb/documentation/articles/cloud-services-custom-domainname/

NEW QUESTION: 2
Neeson Pacino is the senior vice president in the corporate finance arm of Hindenberry Brokerage.
Neeson was recently approached by Curare Creators, a pesticide manufacturer. Curare would like to offer new equity to raise capital and has provided Neeson with its current balance sheet and details about the pending projects. Neeson carefully goes over the numbers with a couple of project managersat Curare and also two of his analysts at Hindenberry. He concludes from these discussions that the numbers presented by Curare are overly optimistic. The revised numbers would seriously lower the offering price. Not relishing this prospect, Neeson decides to go ahead with the numbers as drawn up by Curare and directs the department to prepare the IPO with the offering price. Neeson has
A. violated Standard IV (B.3) - Fair Dealing.
B. violated Standard II (B) - Duty to the Employer.
C. violated Standard IV (B.1) - Fiduciary Duties.
D. violated Standard IV (A.1) - Reasonable Basis & Representations.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
By knowingly misrepresenting the situation, Neeson has allowed the possibility that investors would end up paying more than the fair price in the seasoned equity offering. He has thus violated Standard IV (A.1) - Reasonable Basis & Representations.

NEW QUESTION: 3
Which of the following can be used to assign a monetary value to risk?
A. Business impact analysis
B. Inherent vulnerabilities
C. Annual loss expectancy (ALE)
D. Cost-benefit analysis
Answer: C


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