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NEW QUESTION: 1
You have a SharePoint Server 2010 server farm that contains one Web Application.
You discover that several site owners use Microsoft SharePoint Designer 2010 to customize the master pages of their sites.
You need to prevent site owners from modifying their master pages by using SharePoint Designer.
What should you do?
A. From Central Administration, modify the content deployment settings.
B. From Central Administration, modify the SharePoint Designer settings.
C. Modify the master page settings of each site.
D. Modify the master page gallery of each site.
Answer: B
Explanation:
Detaching pages from their site definition - When you do this, intentionally or not, the page overrides the site definition and therefore won't be recognized the next time the site definition is updated. This means you'll be talking to your SharePoint administrator the next time the server is upgraded.
Customize master pages and page layouts - While this may improve the look and feel of your site, there's a risk that you'll remove the corporate brand that was intended for all sites in your organization. Even worse, you could potentially break your site and other sites if you change or delete a required content region. Editing files directly in the site URL structure - This might be a quick and easy way to modify any file on your site, but in doing so, you could mistakenly delete a support file or template file required by SharePoint. So on one hand, SharePoint Designer 2010 gives you a lot of power and flexibility in how you change the appearance or functionality of a SharePoint site. But on the other, if it's used incorrectly, it can create issues for you, your site, and of course, your administrator. The SharePoint Designer Settings page In SharePoint 2010, you and your administrator will be happy to learn about the SharePoint Designer Settings page, which looks like this.

The SharePoint Designer Settings page helps you manage how SharePoint Designer 2010 is used in your organization by giving you control of these settings: Enable SharePoint Designer: Enables or disables SharePoint Designer for an entire application or site collection. When checked, SharePoint Designer can open and edit SharePoint sites. When unchecked, it cannot be used to open or edit sites. Enable Detaching Pages from the Site Definition: Enables or disables the ability to detach pages from the site definition. When checked, SharePoint Designer allows users to edit pages in Advanced Mode, giving them access to every part of the page and consequently when they save, the page is detached from its site definition. When unchecked, SharePoint Designer disables the Advanced Mode, forcing users to edit only the parts of the page in a Web Part Zone. The page, as a result, is never detached from the site definition. Enable Customizing Master Pages and Layout Pages - Enables or disables master pages and page layouts in SharePoint Designer. When checked, SharePoint Designer displays master pages and page layouts in the Navigation pane. When unchecked, these pages don't appear in the Navigation pane of SharePoint Designer. Enable Managing of the Web Site URL Structure - Enables or disables the site URL structure and its contents. When checked, SharePoint Designer displays the All Files options in the Navigation pane allowing users to view and edit any file on the site. When unchecked, the All Files option doesn't appear in the Navigation pane http://sharepoint.microsoft.com/blogs/GetThePoint/Lists/Posts/Post.aspx?ID=334

NEW QUESTION: 2
Which of the Cisco series product that corresponding to Huawei NE20E?
A. ASR 9000 series
B. ASR 7000 series
C. CSR series products
D. ASR 1000 series
Answer: D

NEW QUESTION: 3
William Bliss, CFA, runs a hedge fund that uses both managed futures strategies and positions in physical commodities. He is reviewing his operations and strategies to increase the return of the fund. Bliss has just hired Joseph Kanter, CFA, to help him manage the fund because he realizes that he needs to increase his trading activity in futures and to engage in futures strategies other than fully hedged, passively managed positions. Bliss also hired Kanter because of Kantcr's experience with swaps, which Bliss hopes to add to his choice of investment tools.
Bliss explains to Kanter that his clients pay 2% on assets under management and a 20% incentive fee.
The incentive fee is based on profits after having subtracted the risk-free rate, which is the fund's basic hurdle rate, and there is a high water mark provision. Bliss is hoping that Kanter can help his business because his firm did not earn an incentive fee this past year. This was the case despite the fact that, after two years of losses, the value of the fund increased 14% during the previous year. That increase occurred without any new capital contributed from clients. Bliss is optimistic about the near future because the term structure of futures prices is particularly favorable for earning higher returns from long futures positions.
Kanter says he has seen research that indicates inflation may increase in the next few years. He states this should increase the opportunity to earn a higher return in commodities and suggests taking a large, margined position in a broad commodity index. This would offer an enhanced return that would attract investors holding only stocks and bonds. Bliss mentions that not all commodity prices are positively correlated with inflation so it may be better to choose particular types of commodities in which to invest.
Furthermore, Bliss adds that commodities traditionally have not outperformed stocks and bonds either on a risk-adjusted or absolute basis. Kanter says he will research companies who do business in commodities, because buying the stock of those companies to gain commodity exposure is an efficient and effective method for gaining indirect exposure to commodities.
Bliss agrees that his fund should increase its exposure to commodities and wants Kanter's help in using swaps to gain such exposure. Bliss asks Kanter to enter into a swap with a relatively short horizon to demonstrate how a commodity swap works. Bliss notes that the futures prices of oil for six months, one year, eighteen months, and two years are $55, S54, $52, and $5 1 per barrel, respectively, and the risk- free rate is less than 2%.
Bliss asks how a seasonal component could be added to such a swap. Specifically, he asks if either the notional principal or the swap price can be higher during the reset closest to the winter season and lower for the reset period closest to the summer season. This would allow the swap to more effectively hedge a commodity like oil, which would have a higher demand in the winter than the summer. Kanter says that a swap can only have seasonal swap prices, and the notional principal must stay constanl. Thus, the solution in such a case would be to enter into two swaps, one that has an annual reset in the winter and one that has an annual reset in the summer.
Bliss has probably not earned a very high return on the futures portion of his business because;
A. of high normal backwardation.
B. of high collateral return.
C. he has used fully hedged, passively managed positions.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Since futures are a zero-sum game, a fully hedged and passively managed futures portfolio should only earn the risk-free rate. (Study Session 13, LOS 37.t)