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NEW QUESTION: 1
You publish an application named MyApp to Azure Active Directory (Azure AD). You grant access to the web APIs through OAuth 2.0.
MyApp is generating numerous user consent prompts.
You need to reduce the amount of user consent prompts.
What should you do?
A. Enable Multi-resource refresh tokens.
B. Configure the Open Web Interface for .NET.
C. Enable WS-federation access tokens.
D. Configure SAML 2.0.
Answer: A
Explanation:
When using the Authorization Code Grant Flow, you can configure the client to call multiple resources.
Typically, this would require a call to the authorization endpoint for each target service. To avoid multiple calls and multiple user consent prompts, and reduce the number of refresh tokens the client needs to cache, Azure Active Directory (Azure AD) has implemented multi-resource refresh tokens. This feature allows you to use a single refresh token to request access tokens for multiple resources.
References:
https://msdn.microsoft.com/en-us/library/azure/dn645538.aspx

NEW QUESTION: 2
Which fields can you include in the check for duplicate invoices in Customizing for Logistics Invoice Verification?(Choose three)
A. Tax amount
B. Invoice date
C. Company code
D. Posting date
E. Reference
Answer: B,C,E

NEW QUESTION: 3
An asset manager is of the view that interest rates are currently high and can only decline over the coming 5 years. He has a choice of investing in the following four instruments, each of which matures in 5 years. Given his perspective, what would be the most suitable investment for the asset manager? Assume a flat yield curve.
A. A floating rate note with annual resets, with the first year's rate yielding 5%
B. A 10% coupon bond with an yield to maturity of 5%
C. A 15% coupon bond with an yield to maturity of 5%
D. A zero coupon bond with an yield to maturity of 5%
Answer: D
Explanation:
Explanation
There are two ways to think about this question: First, because the asset manager thinks that interest rates are going to decline, his profit will be maximized if he buys the bond with the greatest duration. The zero coupon bond has the greatest duration among the alternatives listed. Therefore Choice 'c' is the correct answer.
The second way to look at this question is to consider what is called 'reinvestment risk'. Yields to maturity calculations have an implicit assumption that any cash flows received prior to maturity are investible at the ytm rate. Thus, an yield to maturity calculation for a coupon bearing bond assumes that coupon payments get invested at the same rate as the calculated ytm from the time they are received till the time the bond matures.
In an environment where interest rates fall, this assumption will not hold true. Reinvestment risk is the risk that coupons will not be able to earn the ytm that the bond was brought at - and the investor will be at a loss to the extent the money does not earn the ytm rate till the end of the investment. One way to reduce reinvestment risk is to minimize coupon receipts so the money stays invested as part of the bond, and the zero coupon bond helps to do exactly that.