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Exam Code: ECBA
Exam Name: Entry Certificate in Business Analysis (ECBA)
Vendor: IIBA

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NEW QUESTION: 1
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. 2 years
B. Right after inception
C. 7 years
D. 10 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: 2
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it As a result, these questions will not appear in the review screen.
A company uses Azure Data Lake Gen 1 Storage to store big data related to consumer behavior.
You need to implement logging.
Solution: Configure Azure Data Late Storage diagnostics to store logs and metrics in a storage account.
Does the solution meet the goal?
A. Yes
B. No
Answer: A
Explanation:
Explanation
From the Azure Storage account that contains log data, open the Azure Storage account blade associated with Data Lake Storage Gen1 for logging, and then click Blobs. The Blob service blade lists two containers.

References:
https://docs.microsoft.com/en-us/azure/data-lake-store/data-lake-store-diagnostic-logs

NEW QUESTION: 3
What are two AppSecure modules? (Choose two.)
A. AppDoS
B. AppFlow
C. AppNAT
D. AppTrack
Answer: A,D
Explanation:
Explanation/Reference:
Reference : Page No 2 Figure 1
http://www.juniper.net/us/en/local/pdf/datasheets/1000327-en.pdf

NEW QUESTION: 4
Examples of common up-front costs incurred by a cloud consumer to set up a cloud-based environment for the cloud consumer include ___________________.Select the correct answer.
A. None of the above.
B. costs required to purchase hardware
C. labor costs required to assess and set up the cloud environment
D. costs required to purchase insurance for the hardware
Answer: C


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