CompTIA CAS-003 Q&A - in .pdf

  • CAS-003 pdf
  • Exam Code: CAS-003
  • Exam Name: CompTIA Advanced Security Practitioner (CASP)
  • PDF Version: V13.25
  • Q & A: 85 Questions and Answers
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CAS-003 Musterprüfungsfragen & CAS-003 Fragen&Antworten - CAS-003 Lernressourcen - Selfadjustingtechnique

  • Exam Code: CAS-003
  • Exam Name: CompTIA Advanced Security Practitioner (CASP)
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  • Q & A: 85 Questions and Answers
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  • CAS-003 Testing Engine
  • Exam Code: CAS-003
  • Exam Name: CompTIA Advanced Security Practitioner (CASP)
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NEW QUESTION: 1
The Time and Labor Manager of an organization needs to search, edit, and enter time for employees.
What feature should they be given access to?
A. Timekeeper for Managers
B. Calendar Entry for Workers
C. Time Management Work Area
D. Set-up Manager Work Area
E. Time Work Area for Workers
Answer: A
Explanation:
Explanation
Reference https://docs.oracle.com/cd/E18727_01/doc.121/e13521/T83865T412733.htm

NEW QUESTION: 2
Click on the Exhibit Button to view the Formula Sheet. What is the purpose of a long strangle option strategy?
A. To anticipate moderately high volatility in the price of the underlying commodity
B. To anticipate moderate volatility in the price of the underlying commodity
C. To anticipate very high volatility in the price of the underlying commodity
D. To anticipate very low volatility in the price of the underlying commodity
Answer: C

NEW QUESTION: 3
Sie entwickeln eine Microsoft SQL Server 2012-Datenbank für ein Unternehmen. Die Datenbank enthält eine Tabelle, die durch die folgende Transact-SQL-Anweisung definiert wird:

Mit dem folgenden Transact-SQL-Skript fügen Sie neue Mitarbeiterdaten in die Tabelle ein. Zeilennummern dienen nur als Referenz.

Wenn ein Fehler auftritt, müssen Sie die Fehlermeldung und die Zeilennummer, in der der Fehler aufgetreten ist, melden und die Verarbeitung der Fehler fortsetzen.
Sie müssen das Transact-SQL-Skript ausführen.
Welches Transact-SQL-Segment sollten Sie in Zeile 06 einfügen?
A. DECLARE @message NVARCHAR (1000), @ severity INT, @state INT;
SELECT @message = ERROR_MESSAGE (), @severity = ERROR_SEVERITY (), @state = ERROR_STATE (); RAISERROR (@message, @severity, @state);
B. SELECT ERROR_LINE (), ERROR_MESSAGE ()
C. WURF;
D. DECLARE @message NVARCHAR (1000), @ severity INT, @state INT;
SELECT @message = ERROR_MESSAGE (), @severity = ERROR_SEVERITY (), @state = ERROR_STATE (); THROW (@message, @severity, @state);
Answer: A
Explanation:
When the code in the CATCH block finishes, control passes to the statement immediately after the END CATCH statement. Errors trapped by a CATCH block are not returned to the calling application. If any part of the error information must be returned to the application, the code in the CATCH block must do so by using mechanisms such as SELECT result sets or the RAISERROR and PRINT statements.
Reference:
https://msdn.microsoft.com/en-us/library/ms175976.aspx

NEW QUESTION: 4
Ryan Hendricks serves as a security analyst for Investment Management, Inc. (IMI), which employs the Treynor-Black model to evaluate securities and to make portfolio recommendations. IMI uses the capital asset pricing model (CAPM) to determine the degree to which securities may be mispriced relative to IMFs forecasts.
Hendricks evaluates the common shares of Computer Software Associates (CSA), a small company specializing in a unique computer software market niche. Hendricks obtains the following market model results for CSA, using monthly returns for the past 60 months:

Hendricks uses the adjusted beta method to derive his forecasts for companies' future betas. In deriving his forecast for any company beta, Hendricks uses the following first-order autoregressive formula:
forecast beta = 0.33 + 0.67 x (historical beta) (2)
Hendricks derives required returns for individual securities using the CAPM after making appropriate adjustments using his adjusted beta formula in equation (2).
IMI provides Hendricks with the following capital market forecasts to use as inputs for the CAPM.

IMI asks Hendricks to make decisions to take long and short positions in individual securities for IMl's actively managed portfolio, IMI-Active. Specifically, Hendricks is asked to examine CSA and Millennium Drilling (MD), an oil and gas drilling company specializing in deep sea drilling. After a thorough examination of the prospects for each company, Hendricks derives the following alpha forecasts for CSA and MD.

Hendricks forecasts that the unsystematic variance (the variance of the market model regression error) for MD will be more than double that of CSA.
After determining the appropriate allocations across securities within the IMI-Active portfolio, Hendricks derives the portfolio predictions shown in Exhibit 3.

IMI forecasts that the total standard deviation for the S&P500 returns will equal 20%. After examining the historical forecasting abilities of Hendricks, IMI determines that Hendricks has demonstrated perfect forecasting ability in regards to CSA stock, but imperfect forecasting abilities in regards to MD stock. IMI finds that the correlation between the realized alphas for MD and the forecast MD alphas provided by Hendricks equals 0.50.
Referring to the Treynor-Black model, Hendricks makes the following statements:
Statement 1: All else equal, the Treynor-Black model increases the weight to the active portfolio as its unsystematic risk increases.
Statement 2: The Treynor-Black model is based on the premise that only a limited number of stocks should be included in the actively managed portfolio.
Are Statements 1 and 2 made by Hendricks correct or incorrect?
A. Both statements are correct.
B. Only Statement 1 is correct.
C. Only Statement 2 is correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Hendricks is incorrect with regard to Statement 1 and is correct with regard to Statement 2. The Treynor- Black model weights the active portfolio according to its alpha and its unsystematic risk. Keeping alpha constant, a higher unsystematic risk makes the portfolio less desirable-adding unsystematic risk to the overall investment. The Treynor-Black model is based on the premise that markets are "nearly" efficient- that there are only a limited number of meaningfully mispriced securities. Alternatively, the Treynor-Black model assumes that the investment management firm can thoroughly examine only a limited number of securities. (Study Session 18, LOS 67.b)

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