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NEW QUESTION: 1
What does a quality policy aim to define?
A. the legal obligations that the organization must fulfill
B. the requirements of ISO/IEC 20000
C. the formally expressed quality intentions and direction of an organization
D. the requirements of the customer as stated in the Service Level Agreement (SLA)
Answer: C
Explanation:
A. Correct. A statement defined to deliver focus to the organization.
B. Incorrect. The document will record any policy statements pertinent to the obligations but not the obligations themselves.
C. Incorrect. These detail the needs of the Quality Management System, not of the policy.
D. Incorrect. These would provide input to the definition of the policies but these would not be the policies themselves.

NEW QUESTION: 2
제시된 비용 수치만을 기준으로 컴퓨터 응용 프로그램 개발 비용은 다음과 같습니다.
A. 구매 한 소프트웨어 패키지를 미화 500 달러에 인수하는 것보다 적습니다.
B. 구매 한 소프트웨어 패키지를 미화 $ 1,550 이상 인수하는 것 이상.
C. 구매 한 소프트웨어 패키지를 미화 3,550 달러 이상 인수하는 것 이상.
D. 구매 한 소프트웨어 패키지를 미화 3,500 달러에 인수하는 것보다 적습니다.
Answer: D
Explanation:
Development cost equals the cost of the outside contractor plus the costs for hardware and supplies. Computer charges are transfer prices and do not require additional expenditures, given idle capacity. The relevant cost of supplies is US $300 $500 -$200 cost if the software are is purchased). The contractor's use of an otherwise idle office is not relevant. Thus, the relevant cost of development is US $25,500 [[1 .000 hours x $22 hourly cost of the contractor) * $3,200 hardware purchases * $300 incremental cost of supplies]. This amount is US $3,500 less than the US $29,000 cost of purchase. A systems analyst's work on the new software is not relevant. It is part of the regular workload.

NEW QUESTION: 3
Wealth Management's top economist, Frederick Milton, is an economic cycle forecaster- Milton's economic forecasts indicate an economic upswing that will impact all goods and services sectors. Milton presents his economic findings to the rest of Wealth Management's professionals at their monthly meeting. All are excited about Milton's forecast of an improving economic condition that should translate into a steadily rising stock market.
Nathaniel Norton and Timothy Tucker have confidence in Milton's capabilities and decide to meet with their clients. Their first meeting is with Elizabeth Mascarella to whom Norton recommends a dynamic asset allocation strategy to take advantage of Milton's forecast. However, Mascarella is concerned because the somewhat persistent back-and-forth of economic activity has translated into an oscillating stock market.
Mascarella questions Norton's recommendation and asks Tucker which strategy should be followed if the market continues as it has, instead of making such "wonderful" strides.
It is one year later and Frederick Milton's economic forecast has been correct, and the market has trended upward as expected. Mascarella's strategic allocation to equity, which was $600,000 of a total portfolio of
$1,000,000, has increased 20%. Her overall portfolio, which contains equity, debt, and some cash, is now valued at $1,150,000. Tucker meets with Mascarella and indicates it may be time to rebalance her portfolio.
Assuming a steadily rising market, the best strategy for Mascarella is:
A. buy and hold.
B. constant mix.
C. constant proportion portfolio insurance.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In a market expected to increase in relatively constant fashion, constant proportion portfolio insurance will outperform the other strategies. In a constant proportion strategy, a fixed proportion (m) of the cushion (= assets - floor value) is invested in stocks. CPPI refers to a constant proportion strategy with m > 1. Buy and hold is equivalent to the constant proportion strategy with m - 1, so its performance would be good, but not as good. (Study Session 16, LOS 46.h)

NEW QUESTION: 4
A solution architect has created two IAM policies: Policy1 and Policy2. Both policies are attached to an IAM group.

A cloud engineer is added as an IAM user to the IAM group. Which action will the cloud engineer be able to perform?
A. Deleting Amazon EC2 instances
B. Deleting directories
C. Deleting IAM users
D. Deleting logs from Amazon CloudWatch Logs
Answer: A