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  • Exam Code: C_WME_2506
  • Exam Name: SAP Certified Associate - WalkMe Digital Adoption Consultant
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Dan Draper, CFA is a portfolio manager at Madison Securities. Draper is analyzing several portfolios which have just been assigned to him. In each case, there is a clear statement of portfolio objectives and constraints, as welt as an initial strategic asset allocation. However, Draper has found that all of the portfolios have experienced changes in asset values. As a result, the current allocations have drifted away from the initial allocation. Draper is considering various rebalancing strategies that would keep the portfolios in line with their proposed asset allocation targets.
Draper spoke to Peter Sterling, a colleague at Madison, about calendar rebalancing. During their conversation, Sterling made the following comments:
Comment 1: Calendar rebalancing will be most efficient when the rebalancing frequency considers the volatility of the asset classes in the portfolio.
Comment 2: Calendar rebalancing on an annual basis will typically minimize market impact relative to more frequent rebalancing.
Draper believes that a percentage-of-portfolio rebalancing strategy will be preferable to calendar rebalancing, but he is uncertain as to how to set the corridor widths to trigger rebalancing for each asset class. As an example, Draper is evaluating the Rogers Corp. pension plan, whose portfolio is described in Figure 1.

Draper has been reviewing Madison files on four high net worth individuals, each of whom has a $1 million portfolio. He hopes to gain insight as to appropriate rebalancing strategies for these clients. His research so far shows:
Client A is 60 years old, and wants to be sure of having at least $800,000 upon his retirement. His risk tolerance drops dramatically whenever his portfolio declines in value. He agrees with the Madison stock market outlook, which is for a long-term bull market with few reversals.
Client B is 35 years old and wants to hold stocks regardless of the value of her portfolio. She also agrees with the Madison stock market outlook.
Client C is 40 years old, and her absolute risk tolerance varies proportionately with the value of her portfolio. She does not agree with the Madison stock market outlook, but expects a choppy stock market, marked by numerous reversals, over the coming months.
In selecting a rebalancing strategy for his clients, Draper would most likely select a constant mix strategy for:
A. Client C.
B. Client B.
C. Client A.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The constant mix strategy will be optimal for Client C, an investor whose absolute risk tolerance varies proportionately with wealth, and who expects a choppy stock marker with frequent reversals. Client A has a floor value which limits his willingness to take risk if his portfolio declines below that value. Further, Client A appears to have a risk tolerance that varies by more than any change in his wealth (his multiplier is greater than 1). Client B has risk tolerance that varies proportionately with her wealth, as evidenced by the fact that she wants to hold stocks regardless of her wealth level. However, Client B expects a trending market with few reversals, in which a constant mix strategy would perform poorly. (Study Session 16, LOS
46.h,j)

NEW QUESTION: 2
What are the three possible types of time allocation?
A. Percentage, Number, and Proportionally
B. Hours, Percentage, and Equally
C. Hours, Time Card period, and Percentage
D. Hours, Week, and Bi-Weekly
Answer: A

NEW QUESTION: 3
Which selection checks that the database used by the Tivoli Data Warehouse is up and
running?
A. itmcmcl connect to TDW -u itmuser -p password
B. itmcmcl connect TDW ITM
C. db2 connect to TDW user itmuser using password
D. db2 connect db2instl to TDW using password rootl23 priority immediate
Answer: C

NEW QUESTION: 4
Which two statements about creating constraints are true? (Choose two)
A. Constraints can be created at the same time the table is created.
B. Information about constraints is found in the VIEW_CONSTRAINTS dictionary view.
C. Constraints can be created after the table is created.
D. All constraints must be defines at the column level.
E. Constraint names must start with SYS_C.
Answer: A,C
Explanation:
Explanation/Reference:
Explanation:
Constraints can be created after the table is created. Use ALTER TABLE command for that.
Constraints can be created at the same time the table is created (CREATE TABLE command).
Incorrect Answers
A:There is no requirements in Oracle that constraint names must start with SYS_C. Oracle can use prefix
"SYS" to build indexes for UNIQUE and NOT NULL constraints, but it is not required for user to follow this naming rule.
B:Not all constraints must be defines at the column level. Only NOT NULL constraint must be.
E:There is no VIEW_CONSTRAINTS dictionary view in Oracle.
OCP Introduction to Oracle 9i: SQL Exam Guide, Jason Couchman, p. 227-232 Chapter 5: Creating Oracle Database Objects

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