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  • Exam Code: C-ARCON-2308
  • Exam Name: SAP Certified Application Associate - SAP Ariba Contracts
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NEW QUESTION: 1

A. An ADO.NET connection manager
B. A File connection manager
C. An OLE DB connection manager
D. A Flat File connection manager
Answer: D

NEW QUESTION: 2
お客様は、2つのチェーンSC280拡張エンクロージャーを備えたSC9000アレイを使用しています。 3番目のSC280ドライブベイを追加して、容量を拡張する必要があります。 可能な限り少ないチェーンを使用してアレイの容量を拡張する最も費用効率の高い方法は何ですか?
A. 新しいSAS280を同じSAS I / Oカードの新しいチェーンに追加する
B. SC280を既存のSC280エンクロージャーと同じチェーンに追加します
C. 2枚の新しいSAS I / Oカードを取り付け、それらの間にSC280エンクロージャーを配布します
D. 新しいSAS I / Oカードを取り付けて、SC280エンクロージャーを接続します
Answer: B

NEW QUESTION: 3
Factor Analytics Capital Management makes portfolio recommendations using various factor models.
Mauricio Rodriguez, a Factor Analytics research analyst, is examining the prospects of two portfolios, the FACM Century Fund (CF) and the FACM Esquire Fund (EF).
The variance of returns are identical for the two funds. The estimates in Exhibit 1 were derived for CF and EF using monthly data for the past five years.

Supervisor Barbara Woodson asks Rodriguez to use the Capita! Asset Pricing Model (CAPM) and a multifactor model (APT) to make a decision to continue or discontinue the EF fund. The two factors in the multifactor model are not identified. To help with the decision, Woodson provides Rodriguez with the capital market forecasts in Exhibit 2.

After examining the prospects for the EF portfolio, Rodriguez derives the forecasts in Exhibit 3.

Rodriguez also develops a 2-factor macroeconomic factor model for the EF portfolio. The two factors used in the model are the surprise in GDP growth and the surprise in Investor Sentiment. The equation for the macro factor model is:

During an investment committee meeting, Woodson makes the following statements related to the 2-factor macroeconomic factor model.
Statement 1: An investment combination in CF and EF that provides a GDP growth factor beta equal to one and an Investor Sentiment factor beta equal to zero will have lower active factor risk than a tracking portfolio consisting of CF and EF.
Statement 2: When markets are in equilibrium, no combination of CF and EF will produce an arbitrage opportunity In their final meeting, Rodriguez informs Woodson that the CF portfolio consistently outperformed its benchmark over the past five years. Rodriguez makes the following comments to Woodson: "The consistency with which CF outperformed its benchmark is amazing. The difference between the CF monthly return and its benchmark return was nearly always positive and varied little over time." The intercept for the 2-factor macroeconomic model employed by Rodriguez for the EF portfolio, using the GDP growth and Investor Sentiment risk factors, is closest to:
A. 0.080.
B. 0.040.
C. 0.155.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Macrocconomic factor models assume thai asset returns are explained by surprises (or "shocks") in macroeconomic risk factors (e.g., GDP growth and Investor Sentiment). A factor surprise is defined as the difference between the realized value of the factor and its expected value, which is the expected return from the APT model (0.155 from Question 8). Therefore, the intercept must equal the expected return on the portfolio.
The equation for the macroeconomic factor model employed by Factor Analytics Capital Management is:

where the expected values of both factors are zero, and the expected value of the error term also is zero.
Therefore, when markets move as expected:

(Study Session 18, LOS64.J)

NEW QUESTION: 4
You are concerned that a message may have been intercepted and retransmitted, thus compromising the security of the communication. You attach a code to the electronically transmitted message that uniquely identifies the sender. This code is known as a(n):
A. AES flag
B. digital signature
C. private key
D. diffie-Helman verification
Answer: B

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