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PSP Exam Exercise - PSP Dumps, PSP Mock Exam - Sugakumaster

Exam Code: PSP
Exam Name: ASIS Physical Security Professional ExamCertification
Version: V16.75
Q & A: 400 Questions and Answers
PSP Free Demo download
About ASIS PSP Exam
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NEW QUESTION: 1
An engineer manages hundreds of Cisco Nexus Series and 9000 Series Switches that are installed at several data centers and wants to use one of the built-in automation tools of the Cisco NX-OS Guest Shell to automate daily activities. The engineer requires a tool that uses imperative language, has extensive support, and is object-oriented. Which automation tool should be used to meet these requirements?
A. Bash
B. Phython
C. Perl
D. YAML
Answer: B
Explanation:
Python is object-oriented and imperative language.
YAML is declarative.
NEW QUESTION: 2
Travis Smith, CFA, is chief economic strategist and market analyst for Nashville Capital Management. He is developing a forecast of the S&P 500 stock market index utilizing different approaches.
Using microeconomic analysis, Smith wants to value the S&P using a dividend discount model (DDM) valuation approach. The trailing recent 52-week dividend for the S&P 500 equaled $60. Used as a proxy for the nominal risk-free rate, Treasury rates are as follows:
* 3-month T-bill rate: 3.5%
* 30-year T-bond rate: 5.0%
Smith uses an equity market premium equal to 6%. His estimate for the long-term outlook for ROE is 11%, and the long-run earnings retention rate is estimated at 40%.
Smith also is forecasting the market trends using varied macroeconomic techniques. He believes that security prices reflect expectations about the general economy. During his monitoring and forecasting of the overall economy, Smith is evaluating cyclical indicators and the business cycle. Smith has focused his analysis on three indicators:
1. Index of industrial production.
2. Interest rate spread between 10-year T-bonds and the fed funds rate.
3. Stock prices.
Smith is particularly interested in using stock market trends to predict economic turning points.
In conducting his research, Smith has found that the business cycle appears to be in the slowdown phase.
In his capital markets forecasting activities, Smith looks at government policy, and attempts to predict business and consumer activity, along with foreign trade. Smith has determined that government policy has a significant influence on the business cycle, and he is trying to predict changes in government policy.
Smith predicts that the government fiscal policy will loosen and that the Federal Reserve monetary policy will tighten. Smith estimates the following variables:
* Short-term neutral interest rate: 3.5%
* Nominal GDP long-term growth rate trend: 4.25%
* Federal Reserve inflation target: 2.25%
Smith forecasts that inflation will increase to 3.0%, and nominal GDP will grow at a 1.5% rate.
Smith's supervisor, Rasheed Gupta, requests a valuation of the S&P500 using a free cash flow to equity (FCFE) model. Gupta makes the following statement:
"A valuation model that replaces dividends with free cash flow to equity is a good alternative to the DDM If
1 remember correctly, free cash flow to equity equals net income plus depreciation." Using his fiscal and monetary policy forecasts, Smith should forecast that the yield curve will:
A. steepen.
B. flatten.
C. invert.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Smith postulates opposing fiscal (expansionary) and monetary (contractionary) policies. Expansionary fiscal policy tends to cause the yield curve to steepen, while contractionary monetary policy tends to cause the yield curve to flatten or invert. Together, the expansionary iisca! policy and contractionary monetary policy will cause the yield curve to flatten. (Study Session 6, LOS 23.i)
NEW QUESTION: 3
Identify any two milestones involved in AIP final preparation phase?
there are 2 correct answers to this question
Response:
A. Customer engagement.
B. Cutover task.
C. Monitoring of system
D. End users training delivered.
E. Project review
Answer: B,D
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