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NEW QUESTION: 1
A client enters a purchase order for a one-time purchase of a nonstock item. The client Is not able to process the order because of an "Item Number Invalid'' error. Because this is a onetime purchase, the client does not w.int to set up a nonstock record In the nonstock Item master.
What should you change to eliminate this error?
A. Create a supplier/Item relationship for the item the buyer wants to purchase and make sure that the line type they are using has an Inventory interface of A or N.
B. Change the G/L class code in the line type definition to match the G/L class code In the processing options behind purchase order entry.
C. Change the line type definition associated with the detail line so that it has an inventory interface of A or
D.
E. Change the line type definition associated with the detail line so that it has an Inventory Interface of Y or D.
F. Enter a value In the Description 1 Held rather than entering a value In the Item Number field.
Answer: F
NEW QUESTION: 2
Millennium Investments (MI), an investment advisory firm, relies on mean-variance analysis to advise its clients. Mi's advisors make asset allocation recommendations by selecting the mix of assets along the capital allocation line that is most appropriate for each client.
One of MPs clients, Edward Alverson, 60 years of age, requests an analysis of four risky mutual funds (Fund W, Fund X, Fund Y, and Fund Z). After examining the four funds, MI finds that all four mutual funds are equally weighted portfolios, and that all of the funds, except Fund Z, are mean-variance efficient. MI also finds that the correlations between all pairs of the mutual funds are less than one.
MI calculates the average variance of returns across all assets within each mutual fund, the average covariance of returns across all pairs of assets within each mutual fund, and each mutual fund's total variance of returns. The results of Mi's calculations are reported in Exhibit 1.
During his meeting with the MT advisors, Alverson explains that he will retire soon, and, consequently, is highly risk-averse. Alverson agrees with Mi's reliance on mean-variance analysis and makes the following statements:
Statement 1: All portfolios lying on the minimum variance frontier are desirable portfolios.
Statement 2: Because I am highly risk-averse, I expect that my investment portfolio on the capital allocation line will have risk and return equal to that of the global minimum variance portfolio.
MI operates under the assumption that all investors agree on the forecasts of asset expected returns, variances, and correlations. Based on these assumptions, MI created the Millennium Investments 5000 Fund (MI-5000), which is a market value-weighted portfolio of all assets in the market. MI derives the forecasts for the MI-5000 Fund and for a fund comprising short-term government securities shown in Exhibit 2.
Given Mi's assumption that all investors have identical expectations of expected returns, variances, and correlations, and given the capital market forecasts in Exhibit 2, MI should conclude that the expected returns on Funds W and Z are:
A. E(R) on both funds are less than 0.225.
B. E(R) on Fund Z is less than 0.225.
C. E(R) on Fund Wis less than 0.225.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Assuming all investors agree on all asset return, variance, and correlation expectations, then the market portfolio has the highest Sharpe ratio. The Sharpe ratio for the market portfolio equals the slope of the capital market line:
NEW QUESTION: 3
You are configuring Sales Methods and related Sales Stages for your customer. Which four complex fields can you configure at Sales Stage level but not at Sales Method level? (Choose four.)
A. Set
B. Win Probability
C. Stalled Deal Limit
D. Close Window
E. Duration
F. Quota Factor
Answer: B,C,E,F
NEW QUESTION: 4
An administrator wants to configure a FortiGate as a DNS server.
The FortiGate must use its DNS database first, and then relay all irresolvable queries to an external DNS server.
Which of the following DNS method must you use?
A. Non-recursive
B. Recursive
C. Forward to system DNS
D. Forward to primary and secondary DNS
Answer: B
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