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NEW QUESTION: 1
You have 100 servers that run Windows Server 2012 R2 and host Microsoft SQL Server 2012 R2 instances. The instances host databases that have the following characteristics:
The largest database is currently 3 TB. None of the databases will ever exceed 4 TB.
Stored procedures are implemented by using CLR.
You plan to move all the data from SQL Server to Azure.
You need to recommend an Azure service to host the databases. The solution must meet the following requirements:
Whenever possible, minimize management overhead for the migrated databases.
Minimize the number of database changes required to facilitate the migration.
Ensure that users can authenticate by using their Active Directory credentials.
What should you include in the recommendation?
A. Azure SQL Database elastic pools
B. SQL Server 2016 on Azure virtual machines
C. Azure SQL Database single databases
D. Azure SQL Database Managed Instance
Answer: D
Explanation:
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/azure/sql-database/sql-database-managed-instance
NEW QUESTION: 2
HOTSPOT
You are developing a SQL Server Integration Service (SSIS) package. The package loads a customer dimension table by using a data flow task.
Changes to the customer attributes must be tracked over time.
You need to produce a checksum value to identify the rows that have changed since the last Extract, Transform and Load (ETL) process execution. You need to use the least amount of development effort to achieve this goal.
Which transformation should you use? (To answer, select the appropriate transformation in the answer area.)
Answer:
Explanation:
NEW QUESTION: 3
Maurice Taylor, CFA, FRM, is responsible for managing risk in his firm's commodity portfolios. Taylor has extensive experience in the risk management field and as a result has been appointed the task of mentoring entry-level employees. Steven Jacobs is a newly hired Financial Analyst who has been assigned to research the company's risk management process. To verify the accuracy of his findings he consults Taylor. Taylor agrees to thoroughly review Jacobs* findings and volunteers to contribute his knowledge to enhance any part of the report that mentions Taylor's department.
A week later Jacobs, submits his report to his supervisor without reading Taylor's suggestions. Some excerpts from the report are as follows;
* "Many portfolio managers use a ratio that compares the average alpha to the standard deviation of alpha to measure risk-adjusted performance. This ratio can be used to rank their ability to generate excess returns on a consistent basis."
"The main difference between risk governance and risk budgeting is that risk governance is concerned with policies and standards, whereas risk budgeting is concerned with allocating risk."
* "In an ERM system individual portfolio managers are charged with measuring, managing, and monitoring their portfolio risk as well as determining their optimal amount of capital at risk. With this information upper management gains a better overall picture of the firm's risk."
* "The two general categories of risk are financial and non-financial risks. Financial risks include market risk and credit risk. Non-financial risks include settlement risk, regulatory risk, model risk, liquidity risk, operations risk, and political risk." Jacobs' supervisor thanks him for the report and assigns him the next task of researching the firm's VAR calculation methodologies. His supervisor is wondering if the firm should switch to the Monte Carlo Method from the Historical Method. Jacobs again decides to consult Taylor for his expertise. Taylor agrees that using the Monte Carlo Method would be useful since it incorporates returns distributions rather than single point estimates of risk and return- This may be appropriate for Taylor's portfolios since commodity returns can exhibit skewed distributions. Taylor, however, informs Jacobs that there are also advantages to using historical VAR including that it is based on modern portfolio theory (MPT).
Jacobs uses the firm's small cap value portfolio to illustrate the calculation of VAR. The value of the portfolio is $140 million and it has an annual expected return of 12.10%. The annual standard deviation of returns is 18.20%. Assuming a standard normal distribution, 5% of the potential portfolio values are more than 1.65 standard deviations below the expected return.
Jacobs completes his research report on VAR by adding an appendix section on extensions of VAR. He states that one extension that can be particularly valuable in risk management measures the impact of a single asset on the portfolio VAR. This measure captures the effects of the correlations of the individual assets on the overall portfolio VAR.
In the Appendix to his research report, the extension to VAR that Jacobs describes is most likely:
A. portfolio VAR.
B. correlation VAR.
C. incremental VAR.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Incremental VAR (IVAR) is used to measure the impact of a single asset on the portfolio VAR. By measuring the VAR of the portfolio with and without the asset, IVAR captures the effects of the correlations of the individual assets on the overall portfolio VAR. (Study Session 14, LOS 40.g) Sample Scoring Key: 3 points for each correct response.
NEW QUESTION: 4
Which of the following roles can update change type?
A. itil_admin
B. change_manager
C. None of the listed answers
D. itil
Answer: C
Explanation:
Explanation
Once a change is created, it is not possible to change the change type.