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NEW QUESTION: 1
Which of the following should be implemented to BEST roll out desktop images from a cloud network?
A. Backup and recovery
B. Virtual servers
C. Federation
D. Automation and self service
Answer: D
NEW QUESTION: 2
For a FX forward contract, what would be the worst time for a counterparty to default (in terms of the maximum likely credit exposure)
A. At maturity
B. Roughly three-quarters of the way towards maturity
C. Indeterminate from the given information
D. Right after inception
Answer: A
Explanation:
Explanation
With the passage of time, the range of possible values the FX contract can take increases. Therefore the maximum value of the contract, which is when the credit risk would be maximum, would be at maturity. (Note that this is different than an interest rate swap whose value at maturity approaches zero.) Therefore Choice 'a' is the correct answer and the others are incorrect.
NEW QUESTION: 3
A. Option C
B. Option D
C. Option A
D. Option B
Answer: C
Explanation:
Explanation
The BIA is composed of the following three steps: Determine mission/business processes and recovery criticality. Mission/business processes supported by the system are identified and the impact of a system disruption to those processes is determined along with outage impacts and estimated downtime.
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