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NEW QUESTION: 1
An account executive has just designed a Monte Carlo model to estimate the costs of a particular type of project. Validating the model could include all except:
A. Applying the model.
B. Checking that assumed probability distributions are reasonable.
C. Comparing test results with previously validated models.
D. Checking for errors in the computer programming.
Answer: A
Explanation:
The Monte Carlo technique is used in a simulation to generate the individual values for a random value. An essential step in the simulation procedure is to validate the mathematical model used. This process involves not only searching for errors but also verifying the assumptions. It also should provide some assurance that the results of the experiment will be realistic. This assurance is often obtained using historical data. If the model gives results equivalent to what actually happened, the model is historically valid. There is still some risk, however, that changes could make the model invalid for the future. The model should not be implemented until this validation process is complete.
NEW QUESTION: 2
Which Microsoft application is supported by EMC NetWorker Module for Microsoft using both VSS and VDI technologies?
A. SQL Server
B. Hyper-V
C. SharePoint
D. Exchange
Answer: A
NEW QUESTION: 3
Organizations should not view disaster recovery as which of the following?
A. Compliance with regulations.
B. Discretionary expense.
C. Enforcement of legal statutes.
D. Committed expense.
Answer: B
Explanation:
Disaster Recovery should never be considered a discretionary expense. It is far too important a task. In order to maintain the continuity of the business Disaster Recovery should be a commitment of and by the organization.
A discretionary fixed cost has a short future planning horizon-under a year. These types of costs arise from annual decisions of management to spend in specific fixed cost areas, such as marketing and research. DR would be an ongoing long term committment not a short term effort only.
A committed fixed cost has a long future planning horizon- more than on year. These types of costs relate to a company's investment in assets such as facilities and equipment. Once such costs have been incurred, the company is required to make future payments.
The following answers are incorrect:
committed expense. Is incorrect because Disaster Recovery should be a committed expense.
enforcement of legal statutes. Is incorrect because Disaster Recovery can include enforcement of legal statutes. Many organizations have legal requirements toward Disaster Recovery.
compliance with regulations. Is incorrect because Disaster Recovery often means compliance with regulations. Many financial institutions have regulations requiring Disaster Recovery Plans and Procedures.