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Exam Code: CTP
Exam Name: Certified Treasury Professional
Vendor: AFP

60 Questions & Answers
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NEW QUESTION: 1
The formula for a finished good named FG-01 uses a raw material named RM-01. You currently have a supply of RM-01 in stock. The vendor informs you that only limited supplies of RM-01 will be available in the future. After you run out of the current supply of RM-01, you will substitute a raw material named RM-02 in the FG-01 formula. Which of the following options must you configure on a formula line to allow raw material substitutions in Microsoft Dynamics AX 2012?
A. Scalable and Percent controlled
B. Plan group and Priority
C. Step consumption
D. Percent and Priority
Answer: B

NEW QUESTION: 2
Which of the following is not a relevant consideration for a trader desirous of delta hedging his or her options portfolio?
A. Rebalancing frequency
B. Volatility of the underlying
C. Cost per trade
D. Bid-offer spreads on the underlying
Answer: C
Explanation:
Explanation
The greater the rebalancing frequency, the more effective the hedge. But the higher the rebalancing frequency (ie the how often the hedge is true-ed up as a response to changes in the market), higher are the transaction costs. Higher transaction costs reduce hedge performance. Therefore transaction costs limit the ability of traders to continuously trade and keep delta at or close to zero. Transaction costs include a number of elements, including market impact costs, dollar costs per trade, and the bid-offer spread on the security.
Traders have to strike a balance between transaction costs and the rebalancing frequency when making decisions on hedging. Bid-offer spreads, cost per trade and the rebalancing frequency are therefore relevant considerations. The volatility of the underlying is not something the trader would consider when taking decisions to delta hedge (unless as part of an active bet on future volatility) and therefore Choice 'c' is irrelevant to the trader's decision, and is the correct answer.

NEW QUESTION: 3
Your network contains an Active Directory domain named adatum.com. The domain contains two domain controllers that run Windows Server 2012 R2. The domain controllers are configured as shown in the following table.

You log on to DC1 by using a user account that is a member of the Domain Admins group, and then you create a new user account named User1.
You need to prepopulate the password for User1 on DC2.
What should you do first?
A. Add DC2 to the Allowed RODC Password Replication Policy group.
B. Run Active Directory Users and Computers as a member of the Enterprise Admins group.
C. Connect to DC2 from Active Directory Users and Computers.
D. Add the User1 account to the Allowed RODC Password Replication Policy group.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
To prepopulate the password cache for an RODC by using Active Directory Users and Computers (see step 1 below).
Administrative credentials: To prepopulate the password cache for an RODC, you must be a member of the Domain Admins group.
Click Start, click Administrative Tools, and then click Active Directory Users and Computers.

Ensure that Active Directory Users and Computers points to the writable domain controller that is

running Windows Server 2008, and then click Domain Controllers.
In the details pane, right-click the RODC computer account, and then click Properties.

Click the Password Replication Policy tab.

Click Advanced.

Click Prepopulate Passwords.

Type the name of the accounts whose passwords you want to prepopulate in the cache for the RODC,

and then click OK.
When you are asked if you want to send the passwords for the accounts to the RODC, click Yes.

Note: You can prepopulate the password cache for an RODC with the passwords of user and computer accounts that you plan to authenticate to it. When you prepopulate the RODC password cache, you trigger the RODC to replicate and cache the passwords for users and computers before the accounts try to log on in the branch office.
Incorrect:
Not C: You don't need to add User1 to the Allowed RODC Password Replication Policy group. As a first step you should run Active Directory Users and Computers as a member of the Domain/Enterprise Admins group.- Reference: Password Replication Policy Administration
http://technet.microsoft.com/en-us/library/cc753470(v=ws.10).aspx#BKMK_pre


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