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Exam Code: PMI-PMOCP
Exam Name: PMI Project Management Office Certified Professional
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
In your implementation project, the client gives you a requirement to automatically fill the Pay Grade field in the Job Information portlet after Job Classification field value is keyed in for an employee.
What will you code in the HRIS Propagation XML File to achieve this?
There are 2 correct answers to this question.
Response:
<propagation-mapping foundation-field="JobClassification.externalName" hris-field="jobInfo.job- code"/>
<propagation-mapping foundation-field="JobClassification.externalCode" hris-field="jobInfo.job- code"/>
A. <destination field-id="pay-Grade" hris-element-id="jobInfo"/>
</field>
</propagate>
B. <propagate foundation-element-id=" hris-element-id="jobInfo"/>
<field id="pagGrade">
C. <destination field-id="job-code" hris-element-id="jobInfo"/>
</field>
</propagate>
D. <propagate foundation-element-id="JobClassification">
<field id=" payGrade">
Answer: A,D
NEW QUESTION: 2
Eugene Price, CFA, a portfolio manager for the American Universal Fund (AUF), has been directed to pursue a contingent immunization strategy for a portfolio with a current market value of $100 million. AUF's trustees are not willing to accept a rate of return less than 6% over the next five years. The trustees have also stated that they believe an immunization rate of 8% is attainable in today's market. Price has decided to implement this strategy by initially purchasing $100 million in 10-year bonds with an annual coupon rate of 8.0%, paid semiannually.
Price forecasts that the prevailing immunization rate and market rate for the bonds will both rise from 8% to
9% in one year.
While Price is conducting his immunization strategy he is approached by April Banks, a newly hired junior analyst at AUF. Banks is wondering what steps need to be taken to immunize a portfolio with multiple liabilities. Price states that the concept of single liability immunization can fortunately be extended to address the issue of immunizing a portfolio with multiple liabilities. He further states that there are two methods for managing multiple liabilities. The first method is cash flow matching which involves finding a bond with a maturity date equal to the liability payment date, buying enough in par value of that bond so that the principal and final coupon fully fund the last liability, and continuing this process until all liabilities are matched. The second method is horizon matching which ensures that the assets and liabilities have the same present values and durations.
Price warns Banks about the dangers of immunization risk. He states that it is impossible to have a portfolio with zero immunization risk, because reinvestment risk will always be present. Price tells Banks,
"Be cognizant of the dispersion of cash flows when conducting an immunization strategy. When there is a high dispersion of cash flows about the horizon date, immunization risk is high. It is better to have cash flows concentrated around the investment horizon, since immunization risk is reduced." Price has stated that, because of the need to reinvest coupons, it is impossible to totally eliminate immunization risk. He has also stated that an increased dispersion of asset maturities around the horizon date increases immunization risk. Determine which of these statements is (are) correct.
A. Only the statement about the dispersion of cash flows is correct.
B. Only the statement about totally eliminating immunization risk is correct.
C. Both statements are correct -OR- both statements are incorrect.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Immunization risk can be totally eliminated by investing in zero-coupon bonds (e.g.. Treasury strips) with a maturity and face value equal to that of the liability, so that statement is incorrect. That strategy is tartly followed, however, due to the high asset cost (low return potential). His statement about the dispersion of cash flows around the horizon date is correct, because the greater the dispersion the higher the reinvestment risk; the less the dispersion the lower the reinvestment risk. Note that using zeros is the extreme example of concentrating the asset maturities and cash inflows at the horizon date. (Study Session 9, LOS 29-f
NEW QUESTION: 3
あなたは最近、新しい雇用主の営業アシスタントとして雇われました。
同社の営業スタッフはMicrosoft Dynamics 365を使用しており、時々彼らのためにデータを入力する必要があります。
これらのタスクを実行するための支援のためにCRMヘルプセンターを使用したい。
どの2つのヘルプソースを利用できますか?それぞれの正解は完全なソリューションを示します。
A. オンラインチャット
B. トレーニングリンク
C. コミュニティブログ
D. 電話サポート
Answer: A,D
NEW QUESTION: 4
Which Cisco WLC configuration option should be used if you do not want to require guest user to re authenticate via
local web authentication when their device has not been associated to the cisco WLC for a longer period?
A. Client user idle timeout
B. Sleeping Client
C. Session Timeout
D. Condition Web Redirect
Answer: B
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