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NEW QUESTION: 1
Hinweis: Diese Frage ist Teil einer Reihe von Fragen, die dasselbe Szenario darstellen. Jede Frage in der Reihe enthält eine eindeutige Lösung, mit der die angegebenen Ziele erreicht werden können. Einige Fragensätze haben möglicherweise mehr als eine richtige Lösung, während andere möglicherweise keine richtige Lösung haben.
Nachdem Sie eine Frage in diesem Abschnitt beantwortet haben, können Sie NICHT mehr darauf zurückgreifen. Infolgedessen werden diese Fragen nicht im Überprüfungsbildschirm angezeigt.
Ein Benutzer mit dem Namen Benutzer2 verfügt über einen Computer mit dem Namen Computer2, auf dem Windows 10 ausgeführt wird. Benutzer2 verbindet Computer2 mithilfe von [email protected] mit contoso.com.
Computer1 enthält einen Ordner mit dem Namen Ordner1. Ordner1 befindet sich in Laufwerk C und wird als Freigabe1 freigegeben. Share1 verfügt über die in der folgenden Tabelle aufgeführten Berechtigungen.
Ein Benutzer mit dem Namen Benutzer2 verfügt über einen Computer mit dem Namen Computer2, auf dem Windows 10 ausgeführt wird. Benutzer2 verbindet Computer2 mithilfe von [email protected] mit contoso.com.
Benutzer2 versucht, auf Freigabe1 zuzugreifen, und erhält folgende Fehlermeldung: "Der Benutzername oder das Kennwort sind falsch."
Sie müssen sicherstellen, dass Benutzer2 eine Verbindung zu Freigabe1 herstellen kann.
Lösung: Sie erstellen eine lokale Gruppe auf Computer1 und fügen der Gruppe das Gastkonto hinzu. Sie gewähren der Gruppe Modify den Zugriff auf Share1.
Erfüllt dies das Ziel?
A. Nein
B. Ja
Answer: A
NEW QUESTION: 2
Jack Rose and Ryan Boatman are analysts with Quincy Consultants. Quincy provides advice on risk management and performance presentation to pension plans, insurance firms, and other institutional portfolio managers throughout the United States and Canada.
Rose and Boatman are preparing an analysis of the defined benefit pension plans for four mature corporations in the United States. In an effort to ascertain the risk to the firm's shareholders from the plans.
Rose and Boatman gather the information in Figure 1:
Figure 1: Pension Plan Data
While discussing how the weighted average cost of capital (WACC) for a corporation can be adjusted to incorporate pension asset risk. Rose and Boatman make the following comments:
* Rose: "From what I understand, in order to calculate a true weighted average cost of capital, management should consider the assets held in their pension plan. Because pension plans hold equity securities as assets, the plan assets usually have a higher weighted average beta than the sponsoring firm's operating assets. This means the typical firm's weighted average asset beta and cost of capital are higher than when calculated using only the operating assets. If management bases their accept/reject decisions on a weighted average cost of capital that considers only operating assets, they might accept projects that really should have been rejected."
* Boatman: "I'm not sure I agree with you. To match the maturity of their liabilities, pension plans like to hold at least half their assets in long maturity bonds. Then, since the bonds have a long weighted average duration, they have considerable interest rate sensitivity. This is really what makes the pension assets riskier than the firm's operating assets. However, since debt securities have zero betas, they have a low weighted average asset beta and the firm has a lower weighted average cost of capital when pension assets are considered than when they are not considered. The result of considering only the operating assets is that the weighted average cost of capital is inflated and management tends to incorrectly reject projects that could have been accepted." In a visit to the headquarters of Beeman Enterprises, Rose and Boatman explain how in an expanded balance sheet format, a change in a pension plan's asset allocation can result in a change in the firm's financial ratios. To illustrate the concept to the firm's chief financial officer, they provide three different scenarios (shown in Figure 2) indicating necessary changes in the firm's capital structure under the assumption that the firm's pension plan increases its allocation to equity and management wants to keep the sponsoring firm's cost of equity capital constant (i.e., constant equity beta).
Figure 2: Cost of Capital Scenarios
Quincy Consultants has also provided advice to Monroe Portfolio Managers. Among its investments, Monroe has a real estate portfolio that invests in shopping centers and office buildings throughout the southern United States. The firm has provided the following data to calculate and report quarterly returns to current and prospective investors. Additionally, the capital contribution came on day 47 (0.52 into the quarter) and the capital disbursement came on day 67 (0.74 into the quarter).
After calculating the capital return and income return for the portfolio, Rose and Boatman discuss the performance presentation standards for real estate and private equity portfolios. Discussing the differences between the general provisions of the GIPS standards and those for real estate and private equity portfolios, Rose states the following:
1. "The general provisions require that valuations take place monthly until 2010. For real estate, valuations could be done annually until 2008, but starting in 2008 quarterly valuations are required. For private equity, valuations should be performed annually."
2. "The performance standards in the general provisions for real estate and for private equity require that both gross-of-fees and net-of-fees returns are presented." Also commenting on the differences between the various GIPS requirements, Boatman states the following:
1. "Although the general provisions for GIPS make the verification of GIPS compliance by an outside third party voluntary, the valuation of real estate and private equity by an outside third party is required by GIPS."
2. "The GIPS general provisions for real estate and for private equity require that both income and capital gains are included in the calculation and presentation of returns." The capital return and income return for Monroe are closest to:
Capital return income return
A. 5.8% 0.3%
B. 5.8% -2.6%
C. 10.2% -2.6%
Answer: C
Explanation:
Explanation/Reference:
Explanation:
To obtain the capital and income return, we must first calculate the capital employed (CE), which utilizes the capital at the beginning of the period (CO), the capital contribution, and the capital disbursement. If the capital contribution came at 0.52 into the quarter, then the manager had use of those funds for 0.48 of the quarter. We weight the capital contribution of $2,300,000 by this portion.
If the capita! disbursement came at 0.74 into the quarter, then the manager lost use of these funds for 0.26 of the quarter. We weight the capital disbursement of $850,000 by 0.26 and subtract h as follows.
CE = $18,000,000 + $2,300,000(0.48) - $850,000(0.26) = $18,883,000
To determine the capital return (CC), we examine the capital gain or loss, capital expenditures, and sale of properties. Capital expenditures (EC) are those used for improving a property and are subtracted because they will be reflected in the property's ending value and the manager should not receive credit for this additional value.
The proceeds from the sale of properties (S) are added in because the drop in ending property value from a sale should not be counted against a manager.
Using the provided figures:
To determine the income return (Ri), we use the investment income (INC) minus the non-recoverable expenses (ENR) minus debt interest (INTD) minus property taxes (TP). Essentially we subtract the cost of doing business on a periodic basis from investment income as below.
The total return for the quarter is the sum of the capital return and the income return:
RT=RC + Ri = 10.2% - 2.6% = 7.6% (Study Session 18, LOS 49.p)
NEW QUESTION: 3
Refer to the exhibit.
Which values are correct for AP 2 to allow for efficient roaming?
A. Channel 1, SSID Sittingduck, BSSID 00:01:02:03:04:05
B. Channel 1, SSID Sittingduck, BSSID 00:0a:0b:0c:0d:0e
C. Channel 6, SSID Sittingduck, BSSID 00:01:02:03:04:05
D. Channel 6, SSID Sittingduck, BSSID 00:0a:0b:0c:0d:0e
Answer: D
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