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Exam Code: Financial-Services-Cloud
Exam Name: Salesforce Financial Services Cloud (FSC) Accredited Professional
Vendor: Salesforce

60 Questions & Answers
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NEW QUESTION: 1
Under the AWS shared responsibility model, customers are responsible for which aspects of security in the cloud? (Choose two.)
A. Hardware management
B. Visualization management
C. Encryption management
D. Facilities management
E. Firewall management
Answer: C,E
Explanation:
Explanation
With the basic Cloud infrastructure secured and maintained by AWS, the responsibility for what goes into the cloud falls on you. This covers both client and server side encryption and network traffic protection, security of the operating system, network, and firewall configuration, followed by application security and identity and access management.
Firewall configuration remains the responsibility of the end user, which integrates at the platform and application management level. For example, RDS utilizes security groups, which you would be responsible for configuring and implementing.
Reference: https://cloudacademy.com/blog/aws-shared-responsibility-model-security/

NEW QUESTION: 2
A corn farmer has committed to sell 20,000 bushels of corn in November. The spot price has a standard deviation of 20 cents per bushel, and its correlation with the December futures prices is 0.9. The futures contract is for 5000 bushels and has a standard deviation of 24 cents per bushel. What should the corn producer do if he/she wishes to hedge the risk of price movements between now and November?
A. Buy 4 December corn futures contracts, and close these out in November when he/she sells the corn
B. Sell 4 December corn futures contracts, and close these out in November when he/she sells the corn
C. Buy 3 December corn futures contracts, and close these out in November when he/she sells the corn
D. Sell 3 December corn futures contracts, and close these out in November when he/she sells the corn
Answer: D
Explanation:
Explanation
We calculate the minimum variance hedge ratio as 0.9*20/24 = 0.75; and multiply this by the ratio of the
[units required to be hedged] to the [units per futures contract], ie 0.75*20000/5000 = 3. Therefore the right quantity of contracts to sell is 3 contracts. Since the corn farmer has an obligation to sell in November, he or she can sell the futures now and lock a price in. The price locked in will be equal to the futures price, plus the basis (ie the difference between the spot and the futures price) in November.
Therefore the correct answer is to sell 3 December corn futures contracts and close these out prior to delivery in November when the November spot price will be realized. If prices have fallen, the loss on the spot trade will be made up by the profit on the hedge in the form of the futures, and also the other way round.

NEW QUESTION: 3
注:この質問は、同じシナリオを提示する一連の質問の一部です。 シリーズの各質問には、上記の目標を達成できる独自の解決策が含まれています。 いくつかの質問セットには1つ以上の正しい解決策があるかもしれないが、他の質問セットには正しい解決策がないかもしれない。
このセクションの質問に答えると、それに戻ることはできません。 その結果、これらの質問はレビュー画面に表示されません。
貴社はMicrosoft SQL Serverを使用して、SQL Server Analysis Services(SSAS)インスタンスを持つ環境にデータウェアハウスを展開します。 データウェアハウスには、次の表の定義に示すように、Fact.Orderテーブルが含まれています。 テーブルにはインデックスがありません。

Fact.Order表の索引が消費する領域の量を最小限に抑える必要があります。 次のクエリを頻繁に実行します。 両方のクエリで列ストアインデックスを使用できる必要があります。

クエリができるだけ迅速に完了するようにする必要があります。
解決策:[Order Date Key]、[Tax Amount]、および[Total Excluding Tax]列を含む列ストアインデックスを1つ作成します。
解決策は目標を達成していますか?
A. Yes
B. No
Answer: A
Explanation:
Explanation
You should use a columnstore index.
Columnstore indexes are the standard for storing and querying large data warehousing fact tables. This index uses column-based data storage and query processing to achieve gains up to 10 times the query performance in your data warehouse over traditional row-oriented storage.
References:
https://docs.microsoft.com/en-us/sql/relational-databases/indexes/columnstore-indexes-overview?view=sql-serve

NEW QUESTION: 4

A. Option B
B. Option A
C. Option D
D. Option C
Answer: C


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