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NEW QUESTION: 1
An autonomous AP is configured with the infrastructure -client command.
What is this command used for ?
A. to enable multiple VLANs to cross the bridge link
B. to allow only infrastructure device associations
C. to allow more than 20 client associations
D. to send reliable multicast traffic
Answer: D

NEW QUESTION: 2
A company plans to create a global address book and additional address books for each line of business. You need to help add parties to the address books.
What party types can you use for both the global address book and the additional address books? NOTE: Each correct selection is worth one point.
A. Person
B. Vendor
C. Organization
D. Competitor
E. Customer
Answer: A,C
Explanation:
https://docs.microsoft.com/en-sg/dynamics365/unified-operations/fin-and-ops/organization-administration/overview-global-address-book?toc=%2Fdynamics365%2Funified-operations%2Ftalent%2Ftoc.json

NEW QUESTION: 3
Which of the following is not an example of a risk concentration?
A. Large combined positions in assets affected by different risk factors that are highly correlated
B. Location of a portfolio's assets in a single country but spread across different industries
C. Origination of a large number of SIVs with exposures to the same asset class, where the SIVs are separate legal entities without recourse to the originator
D. Material amounts of treasury obligations held as collateral provided by a single counterparty
Answer: D
Explanation:
Explanation
Choice 'd' represents a risk concentration due to excessive exposure to a single country, even though spread across different industries as the risk factors (economy, exchange rate, interest rate, political risk etc) are the same for all companies in the country.
Choice 'a' represents a risk concentration because even though the risk factors are different, they are highly correlated and therefore effectively behave as one. These undetected correlations proved to be fatal to many financial institutions during the credit crisis.
Choice 'b' represents a risk concentration as was borne out by the recent credit crisis. Large banks had to take over the obligations of SIVs they had created, even though the SIVs were separate legal entities with no legally enforceable recourse to the originating bank. This had to be done for moral and reputational reasons, and banks had to absorb the losses of these supposedly separate vehicles.
Choice 'c' does not represent a risk concentration, in fact it is not a risk at all because it refers to collateral held, even though the collateral may have been provided by the same counterparty. In this case the risk is to the party providing the collateral (in case the party holding the collateral rehypothecates or sells the collateral and is unable to return it).
Therefore Choice 'c' is the correct answer.
The BCBS document on stress testing provides a very nice articulation of risk concentration, and the relevant text from that document is produced verbatim here: [Risk concentration] may arise along different dimensions:
single name concentrations; concentrations in regions or industries; concentrations in single risk factors; concentrations that are based on correlated risk factors that reflect subtler or more situation-specific factors, such as previously undetected correlations between market and credit risks, as well as between those risks and liquidity risk; concentrations in indirect exposures via posted collateral or hedge positions; concentrations in off-balance sheet exposure, contingent exposure, non-contractual obligations due to reputational reasons.


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