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NEW QUESTION: 1
At a customer's site, the IBM FileNet Content Manager administrator is tasked with managing the workflow system configuration, including isolated regions, queues, rosters, event logs and application spaces.
Which one of the following is the correct tool to perform the above task?
A. Process Administrator
B. Administration Console for Content Platform Engine
C. Process Task Manager
D. FileNet Enterprise Manager
Answer: B
Explanation:
Explanation/Reference:
Explanation: Process Configuration Console enables you to configure the components of a process system, such as the isolated regions, queues, rosters, event logs, and Application Spaces.
Reference: http://www-01.ibm.com/support/knowledgecenter/SSNW2F_5.1.0/com.ibm.p8.pe.configui.doc/ bpfc030.htm
NEW QUESTION: 2
In a system of freely floating exchange rates the central bank and government will
A. Not need to engage in exchange equalization
B. Have to intervene in foreign exchange markets in order to maintain the system
C. Have less ability to control the money supply than in a fixed exchange rate system
D. Allow market forces to determine the exchange rate within a strictly limited band
Answer: A
NEW QUESTION: 3
Ted McGovern works in the economics branch of a government bank regulator. When he arrives at work this morning and checks his voicemail, he has a message from the Regional Director asking him to calculate the expected rate of return for a stock market series. More detailed information will be forthcoming in an e-mail. Fortunately, McGovern still has his CFA Program study guides in his office and finds the correct formulas. McGovern logs on to the computer network and downloads an attachment that contains the following estimates:
Overall Assumptions:
Index Estimates - Bull Market:
Index Estimates - Bear Market:
The expected return on the index is closest to:
A. 98.2%.
B. 67.4%.
C. 39.4%.
D. 30.8%.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
To calculate the expected index return, we need to calculate the expected return for the bull market and the expected return for the bear market. Then, we will use the given probabilities of each scenario to calculate the expected index return. Note: All amounts are in millions of $ unless noted otherwise.
BULL MARKET
BEAR MARKET
EXPECTED VALUE OF INDEX
= 0.35 * 110% + 0.65 * -11.8% =30.83%