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3V0-31.22 Probesfragen & 3V0-31.22 Zertifikatsfragen - 3V0-31.22 Testfagen - Slackernomics
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NEW QUESTION: 1
You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budgeting framework, you know that you will be managing the performance closely and that the governance board and the stakeholders would want to check on the progress and performance frequently. For this you are developing a robust performance management plan. What can you use to help you start developing this plan?
A. Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Enterprise Environmental Factors
B. Portfolio Management Plan, Organizational Process Assets, Portfolio Reports, Enterprise Environmental Factors
C. Portfolio Management Plan, Portfolio, Portfolio Reports, Enterprise Environmental Factors
D. Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Portfolio
Answer: B
NEW QUESTION: 2
Jean from the Accounting department wants to post the year-end adjustments. However, she does not want to post them directly to the general ledger since her manager needs to review them first.
Which working process would you recommend for her?
Please choose the correct answer.
Response:
A. Use the Period End Closing utility. Jean can use the save button to save the results as draft. Her manager can review the draft and execute the report
B. Use a Journal Voucher. Jean's manager can review the journal voucher then Jean can make any necessary changes before posting.
C. Define an Approval Procedure. When Jean adds a journal entry an approval process will launch.
Jean's manager can review and approve the journal entry.
D. Save the journal entry as a draft document. Her manager can review the draft and then Jean can make any necessary changes before posting.
Answer: B
NEW QUESTION: 3
Calculate the 1-year 99% credit VaR of a portfolio of two bonds, each with a value of $1m, and the probability of default of 1% each over the next year. Assume the recovery rate to be zero, and the defaults of the two bonds to be uncorrelated to each other.
A. 0
B. 1
C. 2
D. 3
Answer: D
Explanation:
Explanation
This question requires the calculation of the credit VaR of the bonds - note that in the real exam the question may not refer to 'credit' VaR, but that can be inferred from the context, ie because the probability of default is provided, it can only be asking for the credit VaR. (Note the difference from the market risk VaR which is driven by interest rate changes affecting the value of the bonds - there are other questions addressing that calculation).
Credit VaR = Expected Value - Worst case portfolio value at the selected percentile (ie the confidence level) Thus if we know the distribution of the portfolio value in the future, we can find out the value at the required percentile (in this case 99%), and the VaR will be the difference between this value and the expected value of the portfolio.
An important piece of information provided is that the defaults are independent, ie they are not correlated. This means joint probabilities of default or survival can be easily found by multiplying the relevant probabilities.
The following outcomes are possible:
1. Both bonds default: Probability = 1% * 1% = 0.01%. Portfolio value = $0 (because both bonds have defaulted & there is zero recovery)
2. One bond defaults and the other survives: Probability = 2 * 1% * 99% = 1.98%. Portfolio value = $1m (because one bond survives with a value of $1m and the defaulted bond has a value of $0). (Note that because there are two ways in which this can happen, ie bond 1 defaults, bond 2 survives; and bond 1 survives, bond 2 defaults, we need to multiply the probability by 2).
3. Both bonds survive: Probability = 99% * 99% = 98.01%. Portfolio value = $2m.
Expected value is therefore $1.98m (which is equal to 2 * $1m * (1 - 1%), or alternatively can also be obtained by multiplying the probabilities in the above three outcomes with the value associated with each).
The future distribution of the value of the portfolio can be constructed from the three outcomes outlined above:
a. Upto the 98.01th percentile the value of the portfolio is $2m, and the VaR is zero (being greater than the expected value, so there is nothing to lose) b. From the 98.01th percentile to the 99.99th percentile (98.01+ the next 1.98%), the value of the portfolio is
$1m. VaR in this range is $0.98m (=$1.98m - $1m)
c. From the 99.99th to the 100th percentile the value of the portfolio is $0, and the VaR is $1.98m.
Since the question is asking for VaR at the 99% confidence level, it lies in the range in 'b' above, and therefore the VaR is $0.98m.
Therefore Choice 'c' is the correct answer and the rest are incorrect.
NEW QUESTION: 4
キャンバスアプリが最近更新されました。
この更新により、ユーザーに悪影響が生じています。
アプリを以前のバージョンにロールバックする必要があります。
あなたは何をするべきか？
A. すべてのユーザーのアプリをアンインストールし、以前のバージョンのパッケージを使用して再インストールします。
B. アプリの以前のバージョンを復元します。
C. アプリを削除し、以前のバージョンに基づいて新しいアプリを作成します。
D. ライブアプリを非アクティブ化し、以前のバージョンのアプリをインポートしてから、アプリをアクティブ化します。
Answer: B
Explanation:
Restore a canvas app to a previous version in PowerApps.
Restore an app from your account
* Open powerapps.com, and then click or tap Apps in the left navigation bar.
* Near the right edge, click or tap the info icon for the app that you want to restore.
* Click or tap the Versions tab, and then click or tap Restore for the version that you want to restore.
* In the confirmation dialog box, click or tap Restore.
A new version is added to your list.
Reference:
https://docs.microsoft.com/en-us/powerapps/maker/canvas-apps/restore-an-app
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