CIPS L6M3 Q&A - in .pdf

  • L6M3 pdf
  • Exam Code: L6M3
  • Exam Name: Global Strategic Supply Chain Management
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
While performing a VxVM operation, you discover that the disk group configuration has become corrupt. You want to check the changes in the VxVM configuration data and automatically record any configuration changes that occur.
What would you do in this situation?
A. Use the vxconfigbackupd daemon to monitors changes to the VxVM configuration.
B. Use vxdctl daemon to monitors changes to the VxVM configuration.
C. Use the vxrelocd daemon to monitor monitors changes to the VxVM configuration.
D. Use the vxconfigd daemon to monitor changes to the VxVM configuration.
Answer: A

NEW QUESTION: 2
A bank extends a loan of $1m to a home buyer to buy a house currently worth $1.5m, with the house serving as the collateral. The volatility of returns (assumed normally distributed) on house prices in that neighborhood is assessed at 10% annually. The expected probability of default of the home buyer is 5%.
What is the probability that the bank will recover less than the principal advanced on this loan; assuming the probability of the home buyer's default is independent of the value of the house?
A. Less than 1%
B. More than 5%
C. More than 1%
D. 0
Answer: A
Explanation:
Explanation
The bank will not be able to recover the principal advanced on this loan if both the home buyer defaults, and the house value falls to less than $1m, ie the price moves adversely by more than $500k, which is
$-500k/$150k = -3.33. (Note that 150k is the 1 year volatility in dollars, ie $1.5m * 10%).
The probability of both these things happening together is just the product of the two probabilities, one of which we know to be 5%. The other is also certainly a small number, and intuitively it is clear that the probability of both the things happening together will be less than 1%.
For a more precise answer, we can calculate the probability of the house price falling by 3.33 standard deviations by calculating the area under the standard normal curve to the left of -3.33. This indeed is a very small number (actually equal to NORMSINV(-3.33)=0.00043), which when multiplied by the probability of default of the home buyer at 5% is certainly going to be less than 1%. Therefore Choice 'b' is the correct answer.

NEW QUESTION: 3
Steven is a senior security analyst for a state agency in Tulsa, Oklahoma. His agency is currently undergoing a mandated security audit by an outside consulting firm. The consulting firm is halfway through the audit and is preparing to perform the actual penetration testing against the agency's network. The firm first sets up a sniffer on the agency's wired network to capture a reasonable amount of traffic to analyze later. This takes approximately 2 hours to obtain 10 GB of data. The consulting firm then sets up a sniffer on the agency's wireless network to capture the same amount of traffic. This capture only takes about 30 minutes to get 10 GB of data.
Why did capturing of traffic take much less time on the wireless network?
A. Because all traffic is clear text, even when encrypted
B. Because wireless traffic uses only UDP which is easier to sniff
C. Because wireless access points act like hubs on a network
D. Because wireless networks can't enable encryption
Answer: C
Explanation:
You can not have directed radio transfers over a WLAN. Every packet will be broadcasted as far as possible with no concerns about who might hear it.

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