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Trustworthy L6M5 Source - CIPS Exam L6M5 Objectives Pdf, Sample L6M5 Test Online - Sugakumaster
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Exam Code: L6M5
Exam Name: Strategic Programme LeadershipCertification
Version: V16.75
Q & A: 400 Questions and Answers
L6M5 Free Demo download
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NEW QUESTION: 1
In HP Systems Insight Manager version 7 and beyond, which new tools can be used for baselining? (Select two)
A. Manage hardware and software versions
B. Track software and firmware versions
C. Track hardware and software baselines
D. Track driver and firmware baselines
E. Manage software and firmware baselines
Answer: B,E
NEW QUESTION: 2
Which of the following is a management approach to motivating employees?
I. Providing performance feedback.
II. Presenting opportunities for responsibility.
III.
Satisfying personal needs.
A. I, II, and Ill
B. II and Ill only.
C. I and II only.
D. Ill only.
Answer: A
Explanation:
Performance feedback is an important part of goal-based approaches to motivating employees. Moreover, presenting opportunities for responsibilities will motivate employees by helping them meet the personal need for achievement. Thus, satisfying personal needs is a method of motivating employees. Many motivational theories are based on analysis of employee needs.
NEW QUESTION: 3
Refer to the exhibit. After you apply the given configuration to arouter, the DHCP clients behind the device connot communicate with hosts outside of their subnet.
Which action is most likely to correct the problem?
A. Activate the dhcp pool
B. configure the default gateway
C. Configure the dns server on the same subnet as the clients
D. Correct the subnet mask
Answer: B
NEW QUESTION: 4
Which of the following statements are true in relation to Monte Carlo based VaR calculations:
I. Monte Carlo VaR relies upon a full revalution of the portfolio for each simulation II. Monte Carlo VaR relies upon the delta or delta-gamma approximation for valuation III. Monte Carlo VaR can capture a wide range of distributional assumptions for asset returns IV. Monte Carlo VaR is less compute intensive than Historical VaR
A. II and IV
B. I and III
C. I, III and IV
D. All of the above
Answer: B
Explanation:
Explanation
Monte Carlo VaR computations generally include the following steps:
1. Generate multivariate normal random numbers, based upon the correlation matrix of the risk factors
2. Based upon these correlated random numbers, calculate the new level of the risk factor (eg, an index value, or interest rate)
3. Use the new level of the risk factor to revalue each of the underlying assets, and calculate the difference from the initial valuation of the portfolio. This is the portfolio P&L.
4. Use the portfolio P&L to estimate the desired percentile (eg, 99th percentile) to get and estimate of the VaR.
Monte Carlo based VaR calculations rely upon full portfolio revaluations, as opposed to delta/delta-gamma approximations. As a result, they are also computationally more intensive. Because they are not limited by the range of instruments and the properties they can cover, they can capture a wide range of distributional assumptions for asset returns. They also tend to provide more robust estimates for the tail, including portions of the tail that lie beyond the VaR cutoff.
Therefore I and III are true, and the other two are not.
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