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Exam Code: CTPRP
Exam Name: Certified Third-Party Risk Professional (CTPRP)
Vendor: Shared Assessments

60 Questions & Answers
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NEW QUESTION: 1
You administer client computers that have Windows 7 Enterprise installed.
A server named Server1 has an IP address of 10.10.4.56. The server accepts Remote
Desktop connections at a custom port 10876.
You need to connect to the server from a client computer by using Remote Desktop.
What should you do?
A. From an elevated command prompt, run mstsc.exe 10.10.4.56 port: 10876.
B. From the Advanced tab of your Remote Desktop connection, configure the port of Server1 in the Connect from anywhere option.
C. From the General tab of your Remote Desktop connection, type 10.10.4.56:10876 in the Computer field.
D. From the Advanced tab of your Remote Desktop connection, configure the IP address and port of Server1 as the RD Gateway Server.
Answer: C
Explanation:

Note:
* mstsc.exe allows you to initiate terminal services commands via the command line, and forms an important part of this additional Windows service.
Incorrect: Not A: Incorrect syntax.

NEW QUESTION: 2
Travis Smith, CFA, is chief economic strategist and market analyst for Nashville Capital Management. He is developing a forecast of the S&P 500 stock market index utilizing different approaches.
Using microeconomic analysis, Smith wants to value the S&P using a dividend discount model (DDM) valuation approach. The trailing recent 52-week dividend for the S&P 500 equaled $60. Used as a proxy for the nominal risk-free rate, Treasury rates are as follows:
* 3-month T-bill rate: 3.5%
* 30-year T-bond rate: 5.0%
Smith uses an equity market premium equal to 6%. His estimate for the long-term outlook for ROE is 11%, and the long-run earnings retention rate is estimated at 40%.
Smith also is forecasting the market trends using varied macroeconomic techniques. He believes that security prices reflect expectations about the general economy. During his monitoring and forecasting of the overall economy, Smith is evaluating cyclical indicators and the business cycle. Smith has focused his analysis on three indicators:
1. Index of industrial production.
2. Interest rate spread between 10-year T-bonds and the fed funds rate.
3. Stock prices.
Smith is particularly interested in using stock market trends to predict economic turning points.
In conducting his research, Smith has found that the business cycle appears to be in the slowdown phase.
In his capital markets forecasting activities, Smith looks at government policy, and attempts to predict business and consumer activity, along with foreign trade. Smith has determined that government policy has a significant influence on the business cycle, and he is trying to predict changes in government policy.
Smith predicts that the government fiscal policy will loosen and that the Federal Reserve monetary policy will tighten. Smith estimates the following variables:
* Short-term neutral interest rate: 3.5%
* Nominal GDP long-term growth rate trend: 4.25%
* Federal Reserve inflation target: 2.25%
Smith forecasts that inflation will increase to 3.0%, and nominal GDP will grow at a 1.5% rate.
Smith's supervisor, Rasheed Gupta, requests a valuation of the S&P500 using a free cash flow to equity (FCFE) model. Gupta makes the following statement:
"A valuation model that replaces dividends with free cash flow to equity is a good alternative to the DDM If
1 remember correctly, free cash flow to equity equals net income plus depreciation." Supervisor Gupta's recommendations for the calculation of FCFII will lead to a valuation of the S&P 500 that most likely is:
A. too low if change in working capital is positive.
B. too low if proceeds from new debt issues exceed principal debt repayments.
C. too low if capital expenditure is positive.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Gupta's definition of FCFE is wrong. The correct formula is: Net income plus Depreciation minus Change in Working Capital minus Capital Expenditure minus Principal Debt Repayments plus Proceeds from New Debt Issues. Gupta's formula will underestimate FCFE if proceeds from new debt issues exceed principal debt repayments. The other choices (A and B) will cause Gupta's formula to overestimate FCFE. (Study Session 7, LOS 24.c)

NEW QUESTION: 3
You want to recover a single file from an EMC NetWorker NDMP backup of a Celerra NAS device. You are performing this restore from a Windows 2003 NetWorker server.
Which recovery must be performed?
A. nsrndmp_recover
B. Directed
C. recover
D. nsrsnaprecover
Answer: B

NEW QUESTION: 4
Insurance coverage that protects real and personal property from catastrophic losses caused by a variety of perils, such as fire, theft, vandalism, and windstorm is referred as:
A. Insurance premium
B. Liability insurance
C. Peril
D. Property insurance
Answer: A


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