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NEW QUESTION: 1
Tom Vadney, CFA, is president and CEO of Vadney Research and Advisors (VRA), a large equity research firm that specializes in providing international investment and advisory services to global portfolio managers. He has a staff of five junior analysts and three senior analysts covering industries and firms across the Americas, Europe, and Asia-Pacific regions.
In a recent meeting with an institutional portfolio manager, Vadney is asked to review the differences between U.S. GAAP and International Financial Reporting Standards (IFRS) as well as provide a comprehensive industry analysis for the telecommunications sector in Europe and the Asia-Pacific region.
Vadney asks Maria Mnoyan, a senior analyst covering the sector, to research the requested information for the client meeting.
Prior to the meeting, Vadney and Mnoyan meet to prepare for the client presentation. They first discuss differences between U.S. GAAP and IFRS. Mnoyan states that although there will be increasing convergence between the two accounting standards, one major difference currently is that IFRS permits either the "partial goodwill" or "full goodwill" method to value the goodwill and the noncontrolling interest under the acquisition method. U.S. GAAP requires the full goodwill method. Vadney adds that U.S. GAAP requires equity method accounting for joint ventures, while under IFRS, proportionate consolidation is preferred, but the equity method is permitted.
Vadney then asks Mnoyan to share her findings on the telecommunications sector. Mnoyan first presents an overview of the competitive forces that characterize the sector in the two regions. In particular, she notes that the sector in both regions is characterized by high switching costs. Vadney asks how high switching costs would affect the bargaining power of buyers and suppliers.
Mnoyan firmly believes that investing in companies located in developing countries provides strong growth potential through technological change and increases in capital, labor, and savings that contribute to higher dividend levels, even if the dividend growth rate is unaffected.
In her research report Mnoyan identifies several countries and industries with attractive investment potential. She notices that the telecommunications sector in one of the countries is characterized by a duopoly. The $50 billion telecom industry in another country in her analysis is dominated by h\e firms with market shares of $10 billion each.
Finally, Vadney and Mnoyan discuss investment opportunities in specific firms. Mnoyan values firms using both the discounted cash flow model and the franchise value method. She makes the following statements on the franchise value method:
Statement 1: A higher asset turnover ratio increases the franchise P/E ratio, one of the components of the intrinsic P/E value.
Statement 2: When firms pay out profits as dividends at a higher rate, a firm's intrinsic P/E value decreases.
The three-firm concentration ratio of the $50 billion telecom sector, and the level of the industry's concentration, respectively, is:
A. 0.12 for the three firms in a moderately concentrated industry.
B. 0.60 for the three firms in a highly concentrated industry.
C. 1.00 for the three firms in a very highly concentrated industry.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The three-firm concentration ratio is simply the aggregate of the market share of the three largest firms in the industry. Since each firm represents a market share of $10 / $50 = 0.20, the concentration ratio is 3 x
0.20 = 0.60, or 60%. This characterizes a relatively highly concentrated industry with little competition from each firm. (Study Session 11, LOS 36.c,d)

NEW QUESTION: 2



A. No
B. Yes
Answer: B
Explanation:
Explanation
The NRPT stores configurations and settings that are used to deploy DNS Security Extensions (DNSSEC), and also stores information related to DirectAccess, a remote access technology.
Note: The Name Resolution Policy Table (NRPT) is a new feature available in Windows Server 2008 R2. The NRPT is a table that contains rules you can configure to specify DNS settings or special behavior for names or namespaces. When performing DNS name resolution, the DNS Client service checks the NRPT before sending a DNS query. If a DNS query or response matches an entry in the NRPT, it is handled according to settings in the policy. Queries and responses that do not match an NRPT entry are processed normally.
References: https://technet.microsoft.com/en-us/library/ee649207(v=ws.10).aspx

NEW QUESTION: 3
展示を参照してください。ネットワークアソシエートは、コアルータにOSPFを設定しています。ブランチへのすべての接続はOSPFに参加している必要があります。 ISPへのリンクはOSPFに参加するべきではなく、デフォルトルートとしてのみアドバタイズされるべきです。
どのようなコマンドセットがコアルータを適切に設定しますか？

A：

B：

C：

D：

A. オプションD
B. オプションB
C. オプションC
D. オプションA
Answer: C
Explanation:
通常のエリアにデフォルトルートを挿入する方法は2つあります。 ASBRのルーティングテーブルにデフォルトルートがすでにある場合は、既存のASBRをアドバタイズできます。
default-informationでOSPFドメインに0.0.0.0/0を送信すると、ルータコンフィギュレーションコマンドが開始されます。 ASBRにデフォルトルートがない場合は、default-information originateコマンドにキーワードalwaysを追加できます（default-information originate always）。このコマンドは、0.0.0.0へのルートがあるかどうかに関係なく、OSPFドメインにデフォルトルートをアドバタイズします。 alwaysキーワードを追加するもう1つの利点は、インターネットワークに安定性を追加できることです。たとえば、ASBRがRIPなどの別のルーティングドメインからデフォルトルートを学習していて、このルートがフラッピングしている場合は、alwaysキーワードを使用せずにルートがフラッピングするたびにASBRはOSPFタイプに新しいタイプ5 LSAを送信しOSPFドメイン内のいくつかの不安定性。 alwaysキーワードを使用すると、ASBRはOSPFドメイン内のデフォルトを常にアドバタイズします。ここに示されている例では、ワイルドカードマスクが10.10.2.16 0.0.0.15ネットワークを正しく指定しているため、選択肢Cだけが正しいです。 10.10.2.16-10.10.2.31の範囲。この質問では、ISPリンクをOSPF用に設定しないでください。選択肢Aが正しくありません。
参照：
http://www.cisco.com/en/US/tech/tk365/technologies_configuration_example09186a00801ec9f0.shtml

NEW QUESTION: 4



SNMP users have a specified username, a group to which the user belongs, authentication password, encryption password, and authentication and encryption algorithms to use. The authentication algorithm options are MD5 and SHA. The encryption algorithm options are DES, 3DES, andAES (which is available in 128,192, and 256 versions). When you create a user, with which option must you associate it?
A. at least one interface
B. at least two interfaces
C. an SNMP group
D. the SNMP inspection in the global_policy
Answer: C
Explanation:
This can be verified via the ASDM screen shot shown here:

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