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2024 Updated AZ-204 Dumps, Exam AZ-204 Material | Developing Solutions for Microsoft Azure Related Exams - FreeTorrent

AZ-204

Exam Code: AZ-204

Exam Name: Developing Solutions for Microsoft Azure

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
You have a server named Server1 that runs Windows Server 2016.
You install the Server for NFS server role on Server1.
You need to ensure that you can create NFS shares on Server1 by using the NFS Share - Advanced share profile.
Which additional server role should you install?
A. Print and Document Services
B. Work Folders
C. File Server VSS Agent Service
D. File Server Resource Manager
Answer: C

NEW QUESTION: 2
Jerry Sanders, CFA, has been asked to analyze the 20-year bonds of Marietta Tech, Inc., which are currently being held in a corporate bond portfolio managed by a colleague, and to recommend whether the bonds should be sold or held. The bonds currently have a yield spread of 1.55% over Treasuries.
Marietta Tech, Inc. designs, manufactures, and markets specialty trucks and truck bodies mounted on new truck chassis produced by others, including concrete mixers, refuse bodies, fire and emergency vehicles, defense trucks, cut-away and dry freight van bodies, refrigerated units, stake bodies, and other specialized trucks. Marietta also manufactures fiberglass wind deflectors, armored trucks, shuttle buses, and cargo vans. Marietta's customers are located in the United States and Canada.
Exhibit 1: Selected Financial Data for Marietta Tech, Inc. (in thousands of $)


At lunch Sanders discusses the credit analysis of various types of bonds with Elizabeth Yan, who was just hired as a bond analyst. Yan makes the following statements:
Statement 1: An analysis of the issuer's business and operating risks is important to the analysis of corporate bond credit risk but not important for the credit analysis of asset backed securities (ABS).
Statement 2: The unique bond covenants in a municipal bond's trust indenture require an additional level of credit analysis not necessary in a corporate credit analysis.
Jerry Sanders, CFA, has been asked to analyze the 20-year bonds of Marietta Tech, Inc., which are currently being held in a corporate bond portfolio managed by a colleague, and to recommend whether the bonds should be sold or held. The bonds currently have a yield spread of 1.55% over Treasuries.
Marietta Tech, Inc. designs, manufactures, and markets specialty trucks and truck bodies mounted on new truck chassis produced by others, including concrete mixers, refuse bodies, fire and emergency vehicles, defense trucks, cut-away and dry freight van bodies, refrigerated units, stake bodies, and other specialized trucks. Marietta also manufactures fiberglass wind deflectors, armored trucks, shuttle buses, and cargo vans. Marietta's customers are located in the United States and Canada.
Exhibit 1: Selected Financial Data for Marietta Tech, Inc. (in thousands of $)

At lunch Sanders discusses the credit analysis of various types of bonds with Elizabeth Yan, who was just hired as a bond analyst. Yan makes the following statements:
Statement 1: An analysis of the issuer's business and operating risks is important to the analysis of corporate bond credit risk but not important for the credit analysis of asset backed securities (ABS).
Statement 2: The unique bond covenants in a municipal bond's trust indenture require an additional level of credit analysis not necessary in a corporate credit analysis.
Are Statement 1 and Statement 2 made by Yan correct?
A. Both statements arc correct.
B. Only one of the statements is correct.
C. Neither statement is correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Both of Yan's statements are correct. The two most important factors in an analysis of a corporate issuer are the capacity to pay (particularly a cash Bow analysis) and the corporate governance structure. This requires an analysis of the issuers business and operating risks {e.g. profitability, solvency, and leverage).
However, there arc no business or operating risks to assess with an ABS. Instead the emphasis is on the quality of the collateral that backs the ABS, particularly the collateral's capacity ro generate cash flow to meet the repayment obligations of each tranche under various scenarios of default and delinquency experience.
The analysis of municipal tax-backed and revenue bonds is simitar to that of corporate issuers. The only important difference in the analysis of municipal bonds is that the rate covenants and priority-of-revenue claims clause are unique to the trust indenture of municipal revenue bonds, so they require an additional level of analysis not necessary with corporate bonds. (Study Session 14, LOS 51.e,h,j)

NEW QUESTION: 3
Use the Replace tool to replace all occurrences of the name Jane Harris with Tim Snow.

A. Option A
Edit -> select replace -> type Jane Harris in the find what -> type Tom Snow in replace with -> click replace all
Answer: A

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