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Exam Code: IIA-BEAC-P1
Exam Name: BEAC General Knowledge Part 1 Exam
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
Monserrat Troy is a portfolio analyst at Merryl Flynch Inc., a leading investment bank. Merryl's corporate policy prohibits its employees from trading in IPOs even if they are not being underwritten by Merryl.
Recently, a fast-growing internet firm, Netblaze, announced that it was going public. Monserrat's friend, Victor, told her that he could get her bid in for a few shares of the IPO. The size of the deal was very small, amounting to less than a couple of thousand dollars. Monserrat went ahead and bought the shares but did not think it was necessary to inform her supervisor about it. She:
A. did not violate the AIMR code of conduct even though she violated the company policy since the size of her transaction was extremely small.
B. violated Standard II (B) - Professional Misconduct - by violating company policy.
C. violated Standard III (B) - Duty to Employer - by violating company policy.
D. violated Standard III (C) - Disclosure of Conflicts to Employer - by violating company policy.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Merryl's policy is designed to prevent any conflicts or even appearances of conflicts of interest when its employees trade in capital markets. If Monserrat wants to trade in a particular IPO, she needs to obtain special permission from Merryl's Compliance department (and such permission may or may not be granted by Compliance). Without such an exception, Monserrat's behavior is a violation of Standard III(C) - Disclosure of Conflicts to Employer. Note that Standards II (B) and III (B) do not apply to this situation.

NEW QUESTION: 2
A developer has added a Message Driven Bean to an EJB project which already has session beans working. Which additional resources must be configured for the server to make the Message Driven Bean work successfully?
A. database connections for the database resources used by the bean
B. security roles for the actions resources available from the bean
C. JMS settings for the queues used by the bean
D. transactional support across several calls by the bean
E. additional shared library resources for the activities performed by the bean
Answer: C

NEW QUESTION: 3
A construction company creates three-dimensional models from photographs and design diagrams of buildings. The company plans to store high-resolution photographs and blueprint files in Azure Blob Storage.
The files are currently stored in the construction company's office.
You are developing a tool to connect to Azure Storage, create container, and then upload the files. The tool must remain responsive to the end user while it is running and performing remote I/O operations. It must also wait for methods to complete before continuing.
You need to complete the configuration.
How should you complete the code? To answer, select the appropriate options in the answer area.
NOTE: Each correct solution is worth one point.

Answer:
Explanation:

Explanation

Box 1: ProcessAsync();
Box 2: await cloudBlobContainer.CreatAsync();
If you specify that a method is an async method by using the async modifier, you enable the following two capabilities.
The marked async method can use await to designate suspension points. The await operator tells the compiler that the async method can't continue past that point until the awaited asynchronous process is complete. In the meantime, control returns to the caller of the async method.
The suspension of an async method at an await expression doesn't constitute an exit from the method, and finally blocks don't run.
The marked async method can itself be awaited by methods that call it.
References:
https://docs.microsoft.com/en-us/dotnet/csharp/programming-guide/concepts/async/


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