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NEW QUESTION: 1
You are implementing logging in your services that will be running in Oracle Cloud Infrastructure Container Engine for Kubernetes. Which statement describes the appropriate logging approach?
A. All services log to standard output only.
B. All services log to a shared log file.
C. All services log to an external logging system.
D. Each service logs to its own log file.
Answer: A
Explanation:
Explanation
Application and systems logs can help you understand what is happening inside your cluster. The logs are particularly useful for debugging problems and monitoring cluster activity. Most modern applications have some kind of logging mechanism; as such, most container engines are likewise designed to support some kind of logging. The easiest and most embraced logging method for containerized applications is to write to the standard output and standard error streams.
Kubernetes also provides cluster-based logging to record container activity into a central logging subsystem. The standard output and standard error output of each container in a Kubernetes cluster can be ingested using an agent like Fluentd running on each node into tools like Elasticsearch and viewed with Kibana. And finally, monitor containers, pods, applications, services, and other components of your cluster.
One can use tools such as Prometheus, Grafana, Jaeger for monitoring, visibility, and tracing the cluster.

References:
https://dzone.com/articles/5-best-security-practices-for-kubernetes-and-oracle-kubernetes-engine
https://kubernetes.io/docs/concepts/cluster-administration/logging/
https://blogs.oracle.com/developers/5-best-practices-for-kubernetes-security

NEW QUESTION: 2
As a PRMIA member, you have certain responsibilities. Among these are the requirement(s) to:
A. All of the above
B. Adhere to the PRMIA Standards of Best Practice, Conduct and Ethics
C. Attend at least one PRMIA chapter meeting per year
D. Vote in Board elections
Answer: B

NEW QUESTION: 3
Lorenz Kummert is a junior equity analyst who is following Schubert, Inc. (Schubert), a small publicly traded company in the United States. His supervisor, Markus Alter, CFA, has advised him to use the residual income model to analyze Schubert.
In his preliminary report to Alter, Kummert makes the following statements:
Statement 1: Residual income models are appropriate when expected free cash flows are negative for the foreseeable future.
Statement 2: Residual income models are not applicable when cash flows are volatile.
Kummert has determined Schubert's cost of equity, cost of debt, and weighted average cost of capital (WACC) to be 12.8%, 8.4%, and 11.9%, respectively. The current price of the stock is $35 per share and there are 130,000 shares outstanding. The relevant tax rate is 30%, and return on equity (ROE) is expected to be 13%.
Summarized financial information about Schubert for 2008 is provided in Exhibits I and II.

Based on his analysis of several years of financial statements, Kummert notes that 2008 was an exceptionally profitable year for Schubert, and that its dividend payouts are usually low because the funds are mainly reinvested in the firm to promote growth. Furthermore, there are very few nonrecurring items on the income statement. Upon review of Kummert's preliminary report, Alter concurs with his analysis of the financial statements but reminds him that Schubert's long-term debt is currently trading at 95% of its book value. He also cautions Kummert that violations of the clean surplus relation can bias the results of the residual income model.
The consensus annual EPS estimate for 2009 is $6.15, and the dividend payout ratio for 2009 is estimated at 5%.
Which of the following amounts are closest to the economic value added (EVA) and market value added (MVA) of Schubert, respectively?
EVA ;MVA
A. $294,000 ;$369,000
B. $71,000 ;$58,000
C. $23,000 ;$369,000
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Economic value added (EVA) is calculated as follows:
$WACC = WACC x invested capital
Note that invested capital = net working capital + net fixed assets OR
book value of long-term debt + book value of equity
= 0.119 x ($6,211,000 + $2,100,000 4 $2,081,000) = $1,236,648
EVA = NOPAT - $WACC
= EBIT(1 -t)-$WACC
= $1,868,000(1 - 0.30) - $1,236,648
= $70,952
Market value of the company = market value of the equity + market value of the debt
= ($35 x 130,000) + (0.95 x 6,211,000)
= $10,450,450
Market value added (MVA) = market value - invested capital
=$10,450,450 - ($6,211,000 + $2,100,000 * $2,081,000) = $58,450
{Study Session 12, LOS 43.a)

NEW QUESTION: 4
Which of the following is true of process descriptions?
A. They complement descriptions of structural and organizational roles and responsibilities.
B. They represent a complete set of monitoring options.
C. They express the level of compliance with the requested quality characteristics.
D. They describe vertical and horizontal escalation options.
Answer: A