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Exam Code: 156-581
Exam Name: Check Point Certified Troubleshooting Administrator - R81
Vendor: CheckPoint

60 Questions & Answers
Verified by IT Certification Professionals

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NEW QUESTION: 1
Which of the following are objectivesof service level management?
1 : Defining, documenting and agreeing the level of IT services to be provided
2 : Monitoring, measuring and reporting the actual level of services provided
3 : Monitoring and improving customer satisfaction
4 : Identifyingpossible future markets that the service provider could operate in
A. All of the above
B. 1 and 2 only
C. 1, 2 and 4 only
D. 1, 2 and 3 only
Answer: D

NEW QUESTION: 2
At present, which of the following is true about collaborative planning across ownershipboundaries?
A. It never happens.
B. It is the rule rather than the exception.
C. It always occurs.
D. It is the exception rather than the rule.
Answer: D

NEW QUESTION: 3
For a 10 year interest rate swap, what would be the worst time for a counterparty to default (in terms of the maximum likely credit exposure)
A. Right after inception
B. 10 years
C. 7 years
D. 2 years
Answer: C
Explanation:
Explanation
Right after inception' is incorrect as the interest rate swap (IRS) would be valued at close to zero right after inception and the credit risk would be minimum. Choice 'a' (ie 10 years, at maturity) is incorrect as at maturity there would be no more cash flows to exchange, and the replacement value of the contract would again be close to zero.
Therefore the worst time for the counterparty to default is somewhere between inception and maturity - in fact the range of possible outcomes for the contract increases with the passage of time, and we should find the worst time to default to be a later date. However, towards maturity, the value of the contract starts to go towards zero again, and the maximum value is reached around 7 years. 2 years is too early for the maximum to be reached for the 10 year IRS, and therefore choice a is the correct answer.

NEW QUESTION: 4
At which level does Non-Disruptive Migration work?
A. Port Group
B. Disk Group
C. Initiator Group
D. Storage Group
Answer: D
Explanation:
Reference https://www.emc.com/collateral/technical-documentation/h15464-vmax-non- disruptive-migration.pdf (P.7)


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