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NEW QUESTION: 1
What is the default administrative distance of OSPF?
A. 0
B. 1
C. 2
D. 3
Answer: D
Explanation:
Administrative distance is the feature that routers use in order to select the best path when there are two or more
different routes to the same destination from two different routing protocols. Administrative distance defines the
reliability of a routing protocol. Each routing protocol is prioritized in order of most to least reliable (believable) with
the help of an administrative distance value.
Default Distance Value Table
This table lists the administrative distance default values of the protocols that Cisco supports:
Route Source Default Distance Values
Connected interface 0
Static route 1
Enhanced Interior Gateway 5
Routing Protocol (EIGRP) summary
route
External Border Gateway Protocol 20
(BGP)
Internal EIGRP 90
IGRP 100
OSPF 110
Intermediate System-to-
115
Intermediate System (IS-IS)
Routing Information Protocol (RIP) 120
Exterior Gateway Protocol (EGP) 140
On Demand Routing (ODR) 160
External EIGRP 170
Internal BGP 200
Unknown* 255
NEW QUESTION: 2
Which two capabilities does the Flash Cache feature have that the Flash Pool feature does not have?
(Choose two.)
A. Flash Cache works for all aggregates assigned to a node.
B. Compressed blocks are cached.
C. Flash Cache is a read-only cache.
D. Cached data is available and unaffected by takeover events.
Answer: A,C
Explanation:
Explanation/Reference:
Reference: https://library.netapp.com/ecmdocs/ECMP1196912/html/GUID-B347C746-FD91-484D-8BA6- A23D7C05EABE.html
NEW QUESTION: 3
An organization wants to continually group all employees that have obtained the CPR
(Cardiopulmonary Resuscitation) skill. How can they achieve this?
A. Create a dynamic group for CPR and map users by skills field.
B. Create dynamic groups for each department and map users by skills field.
C. Create a dynamic group for skills and map users by CPR field.
D. Create adynamic group for CPR and map the specific skill name.
Answer: A
NEW QUESTION: 4
Cindy Hatcher, CFA, has spent the last ten years as a portfolio manager with Bernhardt Capital. While working for Bernhardt, Hatcher was responsible for maintaining and improving the company's code of ethics and guidelines for ethical money management. As a result of Hatcher's efforts, Bernhardt saw a dramatic decline in the number of complaints received from their individual and institutional customers.
One of Bernhardt's direct competitors, Smith Investments, is keenly aware of Hatcher's reputation for ethical business practices and has offered her a job as their compliance officer. Hatcher has been apprised of several potential ethical problems at Smith that she will be directly responsible for fixing through implementation of policies and procedures that will prevent ethical dilemmas. The management at Smith is willing to grant Hatcher the authority to construct and implement policies to eliminate the ethical problems at the company.
Hatcher agrees to accept the position with Smith and resigns from employment with Bernhardt. As her first initiative with the company, Hatcher distributes to all employees at Smith a survey intended to acquaint her with the company's common business practices. Her goal is to identify those factors that are most likely to interfere with Smith's compliance with the CFA Institute's Code of Ethics and Standards of Practice. After collecting and analyzing the anonymous responses to the survey, Hatcher has identified the following four issues as the most frequently cited questionable business practices:
1. Many Smith employees have relatives who are clients of the firm. For relatives* accounts where the Smith employee does not have beneficial ownership, trades are generally executed in conjunction with trades for other discretionary accounts held at the firm. Only in accounts where the Smith employee has beneficial ownership are trades delayed until all discretionary account trading is completed.
2. Many of Smith's employees either personally own or maintain, through a family member, beneficial ownership of stocks that are also held in accounts for many of the firm's clients. While the company maintains a strict disclosure policy to the firm of such beneficial ownership and an "at will" disclosure policy to its clients, employees are not barred from trading these securities for their personal benefit even if their clients also own or have a direct or indirect financial interest in the same securities.
3. Account managers meet weekly to discuss the issues and concerns of the client portfolios managed at the firm. During the meetings it is not unusual for individual clients to be identified and discussed.
Information regarding the client's holdings and investment strategy is discussed as well as persona! needs related to the client's portfolio. The meetings are held in order to provide guidance and continuing education to all of the firm's account managers.
4. At the suggestion of fixed-income analysts at the firm, most of the portfolio managers working for Smith have been adding B-rated corporate fixed-income securities to their portfolios. Analysts originally made (and continue to make) the suggestion due to the attractive yield potential offered by this class of investments. Smith's portfolio managers were thrilled with the idea since the returns on many of the portfolios' equity positions have been stifled by high profile accounting scandals.
Management at Smith Investments has been pleased with Hatcher's efforts so far but is concerned about the firm's ability to maintain compliance with the CFA Institute's Global Investment Performance Standards (GIPS®). The managing director of the firm, Erich Prince, has made the following comments to Hatcher:
"I am concerned that we will not be able to claim compliance with GIPS at the end of the year since our new information system has inhibited our ability to include terminated portfolios in the historical record up to the last full measurement period before they were terminated. Also, we are unable to regroup portfolios that utilize hedging into separate composites from those that do not utilize hedging. These portfolios are currently grouped according to traditional value and growth strategies based on the capitalization of portfolio holdings (i.e., large vs. small)." Hatcher eases Prince's mind by telling him she will "ensure full compliance with GIPS by the end of the quarter." Evaluate Martin Prince's comments about Smith's ability to maintain compliance with the Global Investment Performance Standards (GIPS). Are Prince's statements regarding terminated portfolios and hedging strategies correct or incorrect?
A. Both of Prince's statements are correct and in full compliance with GIPS.
B. Only Prince's statement regarding hedging strategies is correct.
C. Only Prince's statement on terminated portfolios is correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
GIPS Standard 3.A.4 requires terminated portfolios to be included in the appropriate composite up until the last full measurement period before the portfolio was terminated. The fact that Smith's new information system will inhibit the ability to account for terminated portfolios means they will be unable to fully comply with GIPS. Remember, there is no partial compliance. A firm either does or does not comply with GIPS.
Separating portfolios into composites that utilize and do not utilize hedging is a recommendation of GIPS and not a requirement. Therefore a firm can fail to separate portfolios on the basis of hedging strategies and still maintain compliance with GIPS. GIPS requires separating portfolios into composites based on investment strategy, which Smith has done (i.e., value vs. growth and large cap vs. small cap). (Study Session 1, LOS2.a)