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Exam Code: L5M3
Exam Name: Managing Contractual Risk
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1
규정 준수를 위해 보안 엔지니어는 승인 된 최신 패치가 적용되지 않은 인스턴스를 나열하는 주간 보고서를 생성해야 합니다. 또한 엔지니어는 승인 된 최신 업데이트가 적용되지 않은 상태에서 시스템이 30 일 이상 작동하지 않도록 해야 합니다. 이러한 목표를 달성하는 가장 효율적인 방법은 무엇입니까?
A. AWS CloudTrail tog를 조사하여 지난 30 일 동안 다시 시작되지 않은 인스턴스가 있는지 확인하고 해당 인스턴스를 재배포합니다.
B. 승인 된 최신 패치로 AMls를 업데이트 하고 정의 된 유지 관리 기간 동안 각 인스턴스를 재배포합니다.
C. 인스턴스 패치 규정 준수에 대해보고하고 정의된 유지 관리 기간 동안 업데이트를 적용하도록 Amazon EC2 Systems Manager를 구성합니다.
D. Amazon inspector를 사용하여 최신 패치가 적용되지 않은 시스템을 확인하고 30 일 후에 해당 인스턴스를 최신 AMI 버전으로 재배포합니다.
Answer: C

NEW QUESTION: 2
The rate of dividend on a stock goes up. What is the effect on the price of a put option on this stock?
A. It does not affect the value of the put
B. It increases the value of the put
C. It may affect the put value either way depending upon the risk-free rate
D. It decreases the value of the put
Answer: B
Explanation:
Explanation
Everything else remaining the same, an increase in the rate of dividends causes the value of call options to fall and the value of put options to rise. Therefore, Choice 'b' is the correct answer. (In the exam, the question could address either a call or a put option, so be aware of the answer in either case).
To understand this, consider how dividends are accounted for when valuing an option using the Black Scholes model. Future dividends are discounted to the present using the risk free rate and this discounted value is reduced from the spot price used in the BSM valuation. Effectively, this reduces the spot price used in the BSM formula. When the spot price reduces, and the exercise price remains the same, then the value of the call option goes down. In the same way, when spot price is reduced by the present value of dividends (and the exercise price stays the same), obviously the put option becomes more valuable. Therefore an increase in the rate of dividends increases the value of the put option.
There is another intuitive way to think about this: A call option is like a long position in the stock, but the holder of the call option is not entitled to receive dividends (unlike the holder of the stock). Since the holder of the call option has to forego the dividends, he is willing to pay less for the option; or in other words, the value of the call reduces.
In the same way, a put option is like having a short position in the stock. The holder of the short position has to borrow the stock in order to get into the short position in the first place. When dividends are paid, the holder of the short stock position has to make good any dividends that might be paid to the lender of the stock. The holder of a put option does not have to make any such payments. Therefore the put option is more valuable, and the existence of dividends (or an increase in dividends) increases the value of the put option.
(Try this out using the Black Scholes Excel model given under the tutorials by varying the spot price.)

NEW QUESTION: 3
Your R76 enterprise Security Management Server is running abnormally on Windows 2008 Server. You decide to try reinstalling the Security Management Server, but you want to try keeping the critical Security Management Server configuration settings intact (i.e., all Security Policies, databases, SIC, licensing etc.) What is the BEST method to reinstall the Server and keep its critical configuration?
A. 1. Download the latest upgrade_export utility and run it from a c; \temp directory to export the configuration into a .tgz file2. Skip any upgrade_verification warnings since you are not upgrading3. Transfer the .tgz file to another networked machine4. Download and run the cpclean utility and reboot5. Use the R70 CD-ROM to select the upgrade_import option to import the configuration
B. 1. Insert the F70 CD-ROM, and select the option to export the configuration using the latest upgrade utilities2. Perform any requested upgrade_verification suggested steps and re-export the configuration if needed3. Save the export " tgz file to a local c: \temp directory4. Uninstall all R70 packages via Add/Remove Programs and reboot5. Install again using the R70 CD-ROM as a primary Security Management Server and reboot6. Run upgrade_import to import the configuration
C. 1. Download the latest upgrade_export utility and run it from a \temp directory to export the configuration into a .tgz file2. Perform any requested upgrade_version suggested steps3. Uninstall all R70 packages via Add/Remove Programs and reboot4. Use SmartUpdate to reinstall the Security Management Server and reboot5. Transfer the tgz file back to the local \temp6. Run upgrade_import to import the configuration
D. 1. Create a database revision control backup using the Smart Dashboard2. Create a compressed archive of the *FWDlR*\ conf and >FWDiR8\lib directories and copy them to another networked machine.3. Uninstall all R70 packages via Add/Remove Programs and reboot.4. Install again as a primary Security Management Server using the R70 CD.5.
Reboot and restore the two archived directories over the top of the new installation, choosing to overwrite existing files.
Answer: C

NEW QUESTION: 4



A. Option C
B. Option E
C. Option A
D. Option B
E. Option D
Answer: D
Explanation:
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