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Exam Code: L4M7
Exam Name: CIPS Whole Life Asset Management
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1




Answer:
Explanation:

Explanation

Box 1: NONCLUSTERED HASHWITH (BUCKET_COUNT = 10000000)
Hash index is preferable over a nonclustered index when queries test the indexed columns by use of a WHERE clause with an exact equality on all index key columns. We should use a bucket count of 10 million.
Box 2: SCHEMA_ONLY
Durability: The value of SCHEMA_AND_DATA indicates that the table is durable, meaning that changes are persisted on disk and survive restart or failover. SCHEMA_AND_DATA is the default value.
The value of SCHEMA_ONLY indicates that the table is non-durable. The table schema is persisted but any data updates are not persisted upon a restart or failover of the database. DURABILITY=SCHEMA_ONLY is only allowed with MEMORY_OPTIMIZED=ON.
References: https://msdn.microsoft.com/en-us/library/mt670614.aspx

NEW QUESTION: 2
You have a Windows Server 2008 R2 Enterprise Root certification authority (CA).
You need to grant members of the Account Operators group the ability to only manage Basic EFS
certificates.
You grant the Account Operators group the Issue and Manage Certificates permission on the CA.
Which three tasks should you perform next? (Each correct answer presents part of the solution. Choose
three.)
A. Enable the Restrict Enrollment Agents option on the CA .
B. Grant the Account Operators group the Manage CA permission on the CA .
C. Remove all unnecessary certificate templates that are assigned to the Account Operators group.
D. Add the Basic EFS certificate template for the Account Operators group.
E. Enable the Restrict Certificate Managers option on the CA .
Answer: C,D,E

NEW QUESTION: 3
Most economists in the United States seem captivated by spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market.
A price that is determined by the seller or for that matter, established by anyone other than the aggregate of consumers seems pernicious, accordingly, it requires a major act of will to think of price - fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that requires, Modern industrial planning requires and rewards great size. Hence a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-markets economic theories. But each large firms will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers. Each large firm will thus avoid significant price cutting, because price cutting would be prejudicial to the common interest in a stable demand for products. Most economists do not see price-fixing when it occurs because they expect it to be brought about by a number of explicit agreements among large firms; it is not.
More over those economists who argue that allowing the free market to operate without interference is the most efficient method of establishing prices have not considered the economies of non socialist countries other than the United States. These economies employ intentional price-fixing usually in an overt fashion.
Formal price fixing by cartel and informal price fixing by agreements covering the members of an industry are common place. Were there something peculiarly efficient about the free market and inefficient about price fixing, the countries that have avoided the first and used the second would have suffered drastically in their economic development. There is no indication that they have.
Socialist industry also works within a frame work of controlled prices. In early 1970's, the Soviet Union began to give firms and industries some of the flexibility in adjusting prices that a more informal evolution has accorded the capitalist system. Economists in the United States have hailed the change as a return to the free market. But Soviet firms are no more subject to prices established by free market over which they exercise little influenced than are capitalist firms.
The primary purpose of the passage is to
A. refute the theory that the free market plays a useful role in the development of industrialized societies.
B. analysis of free markets in different economies
C. argue that price-fixing, in one form or another, is an inevitable part of and benefit to the economy of any industrialized society.
D. suggest methods by which economist and members of the government of the United States can recognize and combat price-fixing by large firms.
E. explain the various ways in which industrialized societies can fix in order to stabilized the free market
Answer: B
Explanation:
Explanation/Reference:
Explanation:


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