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CIPS L4M5 Test Papers | L4M5 Certification Exam Infor & Valid Dumps L4M5 Questions - Sugakumaster
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Exam Code: L4M5
Exam Name: Commercial NegotiationCertification
Version: V16.75
Q & A: 400 Questions and Answers
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NEW QUESTION: 1
Your network contains an enterprise root certification authority (CA).
You need to ensure that a certificate issued by the CA is valid.
What should you do?
A. Run sigverif.exe and use the Advanced option.
B. Run certreq.exe and specify the -retrieve parameter.
C. Run syskey.exe and use the Update option.
D. Run certutil.exe and specify the -verify parameter.
Answer: D
Explanation:
http://blogs.technet.com/b/pki/archive/2006/11/30/basic-crl-checking-with-certutil.aspx Basic CRL checking with certutil Certutil.exe is the command-line tool to verify certificates and CRLs. To get reliable verification results, you must use certutil.exe because the Certificate MMC Snap-In does not verify the CRL of certificates. A certificate might be wrongly shown in the MMC snap-in as valid but once you verify it with certutil.exe you will see that the certificate is actually invalid.
NEW QUESTION: 2
A. Option E
B. Option F
C. Option B
D. Option C
E. Option D
F. Option A
Answer: C,F
NEW QUESTION: 3
HOTSPOT
For each of the following statements, select Yes if the statement is true. Otherwise, select No. Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 4
Which of the following correctly describes a "reverse repo"?
A. An asset swap that is offset by an identical but opposite swap
B. Borrowing cash while posting securities as a collateral
C. A repo with an undefined maturity period
D. Lending cash with securities as a collateral
Answer: D
Explanation:
Explanation
A repo, or a repurchase agreement, is the lending of securities in return for cash, with an agreement to buy the securities back at a later date at the borrowed amount plus interest. It is a form of collateralized borrowing. A
'reverse repo' is exactly the opposite of a repo transaction, ie where cash is lent and securities borrowed.
Therefore Choice 'b' is the correct answer. In any repo transaction, the counterparty will therefore always have a 'reverse repo' position.
A reverse repo is a useful transaction - not merely for the purpose of lending short term funds, but more importantly to enable short positions. For example, if an investor wishes to short a bond, he can borrow the bond on a 'reverse repo' and sell it. Of course, he will have to return the bond when the reverse repo matures, but hopefully by that time prices of the bond would have fallen to allow him to do so profitably. Short positions in physical bonds are nearly always facilitated by reverse repos.
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