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NEW QUESTION: 1
You have several devices enrolled in Microsoft Intune.
You have a Microsoft Azure Active Directory (Azure AD) tenant that includes the users shown in the following table.

The device type restrictions in Intune are configured as shown in the following table.

You add User3 as a device enrollment manager in Intune.
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

Box 1:
No. User1 is in Group1. The two device type policies that apply to Group1 are Policy3 and the Default (All Users) policy. However, Policy3 has a higher priority than the default policy so Policy3 is the only effective policy. Policy3 allows the enrolment of Android and iOS devices only, not Windows.
Box 2:
No. User2 is in Group1 and Group2. The device type policies that apply to Group1 and Group2 are Policy2, Policy3 and the Default (All Users) policy. However, Policy2 has a higher priority than Policy 3 and the default policy so Policy2 is the only effective policy. Policy2 allows the enrolment of Windows devices only, not Android.
Box 3:
Yes. User3 is a device enrollment manager. Device restrictions to not apply to a device enrollment manager.
Reference:
https://docs.microsoft.com/en-us/intune/enrollment/enrollment-restrictions-set

NEW QUESTION: 2



A. Option E
B. Option B
C. Option C
D. Option A
E. Option D
Answer: A
Explanation:
Explanation
All Azure resources are created in an Azure region and subscription. A resource can only be created in a virtual network that exists in the same region and subscription as the resource.
References: https://docs.microsoft.com/en-us/azure/virtual-network/virtual-network-vnet-plan-design-arm

NEW QUESTION: 3
Toni Morrison, CFA, a manager for Sierra Fund, is investigating the use of relative value methodologies for global corporate bond portfolio management. As a recent college graduate, Bernard Tabler has been assisting Morrison in data gathering and analysis.
Morrison is a firm believer that corporate yield spreads have a tendency to revert to their historical mean values. Accordingly, Tabler has compiled relevant information for three corporate issues. Morrison and Tabler use the information below to conduct mean reversion analysis.

Note: All spreads are expressed in basis points.
Morrison's research has also included a study of the implications of secular and cyclical changes in the primary corporate bond market. As a result of her research, she states that the implication of both cyclical and secular changes in the primary corporate bond market for fixed-income portfolio management is that effective duration and aggregate interest rate risk will increase. Tabler adds that it also appears that credit- based derivatives will increasingly be used to achieve desired exposure to credit sectors, issuers, and structures.
During the presentation to a client, Morrison discusses corporate curve analysis. He states that corporate spread curves tend to change with the economic cycle, so in order to properly conduct this analysis the analyst must examine credit and yield curves carefully. Tabler adds that corporate spreads usually narrow during upturns and widen during downturns.
Morrison is also considering using repurchase agreements to fund some overnight investment activities.
Watching the financial news, she observes that the Federal Reserve has increased the federal funds rate to combat potential inflation. She notes that this will increase the borrowing costs of investment strategies using repurchase agreements. Tabler chimes in that the strategy's interest cost could be reduced by using hot collateral such as on-the-run U.S. Treasuries.
Morrison is also providing advice to a client on the best way to hedge a floating rate loan using a swap.
The client is paying 120 basis points over LIBOR. Morrison suggests that the client enter a 5-year LIBOR- based swap. The swap fixed rate is 100 basis points over the U.S. Treasury rate. The floating rate is LIBOR flat. LIBOR is 5.60% and the Treasury rate is 5.20% when this swap is being considered.
Regarding their statements on investment strategies using repurchase agreements, are Morrison and Tabler correct or incorrect?
A. Only Morrison is correct.
B. Only Tabler is correct.
C. Both are correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Both Morrison and Tabler are correct. There is a positive relationship berween the federal funds rate and the rcpo rate. The use of collateral with limited ability decreases the repo rate. Furthermore, as credit quality and liquidity increase, the repo rate declines. As the term decreases, the repo rate decreases.
Lastly, the repo rate will be lower if the collateral is delivered to the lender, rather than to the borrower's bank. (Study Session 10, LOS 3 I.b)