CIMA CIMAPRA19-F03-1 Q&A - in .pdf

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  • Exam Code: CIMAPRA19-F03-1
  • Exam Name: F3 Financial Strategy
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NEW QUESTION: 1
Refer to the exhibit.

Which statement about the device time is true?
A. The time is authoritative because the clock is in sync.
B. The time is authoritative, but the NTP process has lost contact with its servers.
C. NTP is configured incorrectly.
D. The clock is out of sync.
E. The time is not authoritative.
Answer: B
Explanation:
Remember: The [.] at the beginning of the time tells us the NTP process has last contact with its servers. We know the time is authoritative because there would be a [*] at the beginning if not.

NEW QUESTION: 2
Which of the following is not a money market security
A. Bankers' acceptances
B. Treasury notes
C. Commercial paper
D. Treasury bills
Answer: B
Explanation:
Explanation
A money market security is one that is initially issued with a maturity of less than one year. Treasury bills are short-term government securities with maturities ranging from a few days to 52 weeks. Bills are sold at a discount from their face value, and do not carry a coupon. Treasury notes and treasury bonds are not money market instruments as they are issued for a maturity greater than a year. Treasury notes are issued with maturities of 2, 3, 5, 7, and 10 years and pay interest every six months. Treasury bonds pay interest every six months and mature in 30 years.
Commercial paper is issued by corporations to meet their short term funding needs and is a money market instrument. Bankers' acceptances are short term loans to corporations that are guaranteed by a bank.
Of the given list, since treasury notes are the only instrument that are not money market securities, Choice 'a' is the correct answer.

NEW QUESTION: 3
What does the command mount -a do?
A. It ensuresthat all file systems listed with the option auto in /etc/fstab are mounted.
B. It opens an editor with root privileges and loads /etc/fstab for editing.
C. It shows all mounted file systems that have been automatically mounted.
D. It ensures that all file systems listed with the option noauto in /etc/fstab are mounted.
E. It ensures that all file systems listed in /etc/fstab are mounted regardless of their options.
Answer: A

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