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NEW QUESTION: 1
Which WAN topology has the highest degree of reliability?
A. hub-and-spoke
B. router-on-a-stick
C. full mesh
D. point-to-point
Answer: C

NEW QUESTION: 2
Robert Williams is a junior analyst at Anderson Brothers, a large Wall Street brokerage firm. He reports to Will McDonald, the chief economist for Anderson Brothers. McDonald provides economic research, forecasts, and interpretation of economic data to all of Anderson's investment departments, as well as the firm's clients. McDonald has asked Williams to analyze economic trends in the country of Bundovia. The currency of Bundovia is the Bunco (BU).
Williams first analyzes the effect of rising nominal Bundovian interest rates relative to U.S interest rates on the supply and demand for BU. He determines that the increase in Bundovian nominal interest rates would increase the demand for BU and, because the BU supply curve is upward sloping, the BU will appreciate and the equilibrium quantity of BU will increase proportionately.
Bundovia has announced plans to impose either a tariff or a quota on semiconductor imports from the United States. McDonald also asks Williams to analyze the potential effect on Bundovian Semiconductors, the dominant semiconductor manufacturer located in Bundovia. Currently, Bundovian Semiconductors is not competitive in the global semiconductor market because its higher production costs make it unable to generate profits at the current world market price. Williams concludes that the imposition of either a tariff or quotas would benefit Bundovian Semiconductors. The company would become competitive with foreign producers in its domestic semiconductor market because imports would be reduced and domestic production would rise.
Exhibit 1 shows the trend in the average BU/USD exchange rate over the past three years.

Williams asks the bank for a GBP/SFr cross rate.
From the same bank, Williams receives the following forward rate quotes in the USD/GBP market:
* 30-day forward rate: USD/GBP = USD/GBP = 2.0045 - 55
* 60-day forward rate: USD/GBP = USD/GBP = 2.0075 - 85
Williams has uncovered a potential arbitrage opportunity in the foreign exchange markets. The current spot rate is $2.00 per BU. The Bundovian risk-free interest rate is 3%, and the one-year forward rate is $2.10 per BU. The U.S. risk-free rate is 5%.
Is Williams correct in his conclusions that Bundovian Semiconductors would benefit from the imposition of a tariff or quota?
A. He is correct on both.
B. He is only correct about the tariff.
C. He is only correct about the quota.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Williams is correct in his assessment of the effects of a tariff and a quota. Both would benefit Bundovian Semiconductors. The company would be more competitive in the domestic market because imports would fall and domestic production would rise. (Study Session 4, LOS I6.b)

NEW QUESTION: 3
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section. You will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You create a table named Products by running the following Transact-SQL statement:

You have the following stored procedure:

You need to modify the stored procedure to meet the following new requirements:
Insert product records as a single unit of work.

Return error number 51000 when a product fails to insert into the database.

If a product record insert operation fails, the product information must not be permanently written to the

database.
Solution: You run the following Transact-SQL statement:

Does the solution meet the goal?
A. No
B. Yes
Answer: A
Explanation:
Explanation/Reference:
Explanation:
With X_ABORT ON the INSERT INTO statement and the transaction will be rolled back when an error is raised, it would then not be possible to ROLLBACK it again in the IF XACT_STATE() <> O ROLLBACK TRANSACTION statement.
Note: A transaction is correctly defined for the INSERT INTO ..VALUES statement, and if there is an error in the transaction it will be caughtant he transaction will be rolled back, finally an error 51000 will be raised.
Note: When SET XACT_ABORT is ON, if a Transact-SQL statement raises a run-time error, the entire transaction is terminated and rolled back.
XACT_STATE is a scalar function thatreports the user transaction state of a current running request.
XACT_STATE indicates whether the request has an active user transaction, and whether the transaction is capable of being committed.
The states of XACT_STATE are:
0 There is no active user transaction for the current request.

1 The current request has an active user transaction. The request can perform any actions, including

writing data and committing the transaction.
2 The current request has an active user transaction, but an error hasoccurred that has caused the

transaction to be classified as an uncommittable transaction.
References:
https://msdn.microsoft.com/en-us/library/ms188792.aspx
https://msdn.microsoft.com/en-us/library/ms189797.aspx