CIPS L4M1 Q&A - in .pdf

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  • Exam Code: L4M1
  • Exam Name: Scope and Influence of Procurement and Supply
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NEW QUESTION: 1
A company has an on-premises Microsoft SQL Server environment and Microsoft Azure SQL Database instances. The environment hosts several customer databases.
A customer that uses an on-premises instance reports that queries take a long time to complete.
You need to reconfigure table statistics so that the query optimizer can use the optimal query execution plans available.
Which Transact-SQL segment should you use?
A. UPDATE STATISTICS
B. sys.index_columns
C. CREATE STATISTICS
D. SET AUTO_CREATE_STATISTICS ON
Answer: D
Explanation:
Explanation
AUTO_UPDATE_STATISTICS { ON | OFF }
ON specifies that the query optimizer updates statistics when they are used by a query and when they might be out-of-date. Statistics become out-of-date after insert, update, delete, or merge operations change the data distribution in the table or indexed view. The query optimizer determines when statistics might be out-of-date by counting the number of data modifications since the last statistics update and comparing the number of modifications to a threshold. The threshold is based on the number of rows in the table or indexed view.
References:
https://docs.microsoft.com/en-us/sql/t-sql/statements/alter-database-transact-sql-set-options?view=sql-server-201

NEW QUESTION: 2
Cliff places an order to sell 500 shares of the stock of Gap, Inc. (GPS) via his broker's website. Cliff does not currently own any shares of GPS. This order is:
A. illegal, and the broker's website will reject it.
B. an example of a stop loss order.
C. referred to as a short sale.
D. indicating that Cliff expects the price of Gap, Inc. to rise.
Answer: C
Explanation:
Explanation/Reference:
Explanation: When Cliff places an order to sell shares of GPS, a stock he doesn't own, on his broker's website, it is referred to as a short sale. A short sale is defined as the sale of borrowed stock and is placed by an investor who expects the price of that stock to fall in the near future, at which point the investor will buy it back at a lower price and return it, profiting from the price differential.

NEW QUESTION: 3
On January 1, 2000, the Liz-Beth Company issued zero-coupon bonds for $68,301, which resulted in an effective interest rate of 10 percent. The bonds' face value was $100,000, and the maturity date was
January 2004. What would be the amount of interest that is paid in 2000?
A. $6,830
B. $10,000
C. $--0-
Answer: C
Explanation:
Zero-coupon bonds have no stated interest rate and do not pay interest.

NEW QUESTION: 4
Which hashing algorithm does NTP use for its authentication keys?
A. 3DES
B. MD5
C. AES-256
D. SHA
Answer: B

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