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Vendor: ISACA

Exam Code: CRISC Dumps

Questions and Answers: 104

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NEW QUESTION: 1
When gathering requirements for Identity Policy, which ID will define the rule to generate the user ID?
A. Manager
B. Administrator
C. Auditor
D. Application Owner
Answer: B
Explanation:
Reference:http://www01.ibm.com/support/knowledgecenter/SSRMWJ_6.0.0.2/com.ibm.isim.doc_6.0.0.2/admin/c pt/cpt_ic_admin_identitypolicy.htm?lang=fr

NEW QUESTION: 2
Which of the below is not a lifecycle event in Opswork?
A. Uninstall
C Configure
B. Setup
C. Shutdown
Answer: A
Explanation:
Explanation
Below are the Lifecycle events of Opsstack
1) Setup - This event occurs after a started instance has finished booting.
2) Configure - This event occurs on all of the stack's instances when one of the following occurs:
a) An instance enters or leaves the online state.
b) You associate an Clastic IP address with an instance or disassociate one from an instance.
c) You attach an Clastic Load Balancing load balancer to a layer, or detach one from a layer.
3) Deploy - This event occurs when you run a Deploy command, typically to deploy an application to a set of application server instances.
4) Undeploy - This event occurs when you delete an app or run an Undeploy command to remove an app from a set of application server instances.
5) Shutdown - This event occurs after you direct AWS Ops Works Stacks to shut an instance down but before the associated Amazon CC2 instance is actually terminated For more information on Opswork lifecycle events, please visit the below URL:
* http://docs.aws.amazon.com/opsworks/latest/userguide/workingcookbook-events.htmI

NEW QUESTION: 3
Karissa Grossklaus recently joined an investment banking firm as a research analyst. One of the partners asks her to determine whether a certain stock, Park Street Holdings, is overvalued or undervalued, and by how much (expressed as percentage return). Grossklaus runs a regression and finds the following information on the stock:
Grossklaus reports that Park Street Holdings stock is:
A. overvalued by 3.7%.
B. overvalued by 1.1%.
C. undervalued by 3.7%.
D. undervalued by 1.1%.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
To determine whether a stock is overvalued or undervalued, we need to compare the expected return (or holding period return) and the required return (from Capital Asset Pricing Model, or CAPM).
Step 1: Calculate Expected Return (Holding period return):
The formula for the (one-year) holding period return is:
HPR = (D1+ S1- S0) / S0, where D = dividend and S = stock price.
Here, HPR = (0 + 55 - 45) / 45 = 22.2%
Step 2: Calculate Required Return:
The formula for the required return is from the CAPM:
RR = Rf+ (ERM- Rf) * Beta
Here, we are given the information we need except for Beta. Remember that Beta can be calculated with:
Betastock= [covS,M] / [2M]. Here we are given the standard deviation of the market, so the calculation is:
1.30 / 0.752= 2.31.
RR = 4.25% + (12.5 - 4.25%) * 2.31 = 23.3%.
Step 3: Determine over/under valuation:
The required return is greater than the expected return, so the security is overvalued. The amount = 23.3%
- 22.2% = 1.1%.


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