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Exam Code: Salesforce-Loyalty-Management
Exam Name: Salesforce Loyalty Management Accredited Professional Exam
Vendor: Salesforce

60 Questions & Answers
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NEW QUESTION: 1
Which of the following pair represents Storage used in IaaS infra-structure?
A. Structured and Unstructured Storage
B. Raw and long-term storage
C. Volume and object storage
D. CDN and Ephemeral
Answer: C
Explanation:
IaaS uses the following storage types:
Volume storage: A virtual hard drive that can be attached to a virtual machine instance and be used to host data within a file System, Volumes attached to IaaS instances behave just like a physical drive or an array does. Examples include VMware Virtua Machine File System(VMFS), Amazon Elastic Block Store(EBS), RackSpace Redundant Array of Independent Disks (RAID), and OpenStack Cinder.
Object storage: Similar to a file share accessed via APIs or a web interface. Examples include Amazon S3 and Rackspace cloud files.

NEW QUESTION: 2
BFD is a common fast detection technology. It implements the fast switchover function only when collaborating with other fast switchover technologies.
A. True
B. False
Answer: A

NEW QUESTION: 3
Eugene Price, CFA, a portfolio manager for the American Universal Fund (AUF), has been directed to pursue a contingent immunization strategy for a portfolio with a current market value of $100 million. AUF's trustees are not willing to accept a rate of return less than 6% over the next five years. The trustees have also stated that they believe an immunization rate of 8% is attainable in today's market. Price has decided to implement this strategy by initially purchasing $100 million in 10-year bonds with an annual coupon rate of 8.0%, paid semiannually.
Price forecasts that the prevailing immunization rate and market rate for the bonds will both rise from 8% to
9% in one year.
While Price is conducting his immunization strategy he is approached by April Banks, a newly hired junior analyst at AUF. Banks is wondering what steps need to be taken to immunize a portfolio with multiple liabilities. Price states that the concept of single liability immunization can fortunately be extended to address the issue of immunizing a portfolio with multiple liabilities. He further states that there are two methods for managing multiple liabilities. The first method is cash flow matching which involves finding a bond with a maturity date equal to the liability payment date, buying enough in par value of that bond so that the principal and final coupon fully fund the last liability, and continuing this process until all liabilities are matched. The second method is horizon matching which ensures that the assets and liabilities have the same present values and durations.
Price warns Banks about the dangers of immunization risk. He states that it is impossible to have a portfolio with zero immunization risk, because reinvestment risk will always be present. Price tells Banks,
"Be cognizant of the dispersion of cash flows when conducting an immunization strategy. When there is a high dispersion of cash flows about the horizon date, immunization risk is high. It is better to have cash flows concentrated around the investment horizon, since immunization risk is reduced." The initial cushion spread for Price's strategy is closest to:
A. 200 basis points.
B. 100 basis points.
C. 300 basis points.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The cushion spread is the difference between the safety net return (minimum acceptable return) and prevailing immunized rate. In this case, the cushion spread is 8% - 6% = 200 basis points. (Study Session
9, LOS 29.i)

NEW QUESTION: 4
Current enterprise networks usually use OSPF as the routing protocol. What precautions are there when OSPF is used? (Multiple Choice)
A. Check the OSPF network topology and ensure that no loop exists when OSPF routes are being calculated.
B. Check whether all non-backbone areas are correctly and reliably connected to the backbone area.
C. Determine that the backbone area will not split.
D. Verify that OSPF costs can correctly demonstrate the actual bandwidth of links at more than 100 Mbit/s.
E. Check whether secondary optimal routes exist on the network according to OSPF route selection rules.
Answer: B,C,D,E


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