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NEW QUESTION: 1
What type of planning is used where the work to be accomplished in the near term is planned in detail, while work in the future is planned at a higher level?
A. Finish-to-start planning
B. Dependency determination
C. Short term planning
D. Rolling wave planning
Answer: D
Explanation:
Explanation/Reference:
Explanation:
6.2.2.2 Rolling Wave Planning
Rolling wave planning is an iterative planning technique in which the work to be accomplished in the near term is planned in detail, while the work in the future is planned at a higher level. It is a form of progressive elaboration.
Therefore, work can exist at various levels of detail depending on where it is in the project life cycle. During early strategic planning, when information is less defined, work packages may be decomposed to the known level of detail. As more is known about the upcoming events in the near term, work packages can be decomposed into activities.

NEW QUESTION: 2
展示を参照してください。

ネットワークセットアップはRIPルーティングプロトコルを実行しています。
R2とR3の間のリンク障害の後に発生する2つのイベントはどれですか。 （2つ選んでください。）
A. R1はホップカウント16のネットワーク192.168.2.0/27のアドバタイズメントでR2に応答します。
B. 通信が失敗し、ホールドダウンタイマーが切れると、R1はルーティングテーブルから192.168.2.0/27ルートを削除します。
C. R2はホップ数16のネットワーク192.168.2.0/27をR1にアドバタイズします。
D. スプリットホライズンループ防止メカニズムのため、R3はR2からのそれ以上の更新を受け入れません。
E. R2はアドバタイズメントを送信せず、ルーティングテーブルからルート192.168.2.0/27を削除します。
Answer: A,C

NEW QUESTION: 3
If a user forgets his/her PIN and still has possession of his/her token, an Administrator should verify the identity of the user and then
A. clear the user's old PIN.
B. replace the user's token.
C. put the user in New PIN Mode.
D. disable the user's token.
Answer: A

NEW QUESTION: 4
The rate of dividend on a stock goes up. What is the effect on the price of a put option on this stock?
A. It does not affect the value of the put
B. It increases the value of the put
C. It decreases the value of the put
D. It may affect the put value either way depending upon the risk-free rate
Answer: B
Explanation:
Explanation
Everything else remaining the same, an increase in the rate of dividends causes the value of call options to fall and the value of put options to rise. Therefore, Choice 'b' is the correct answer. (In the exam, the question could address either a call or a put option, so be aware of the answer in either case).
To understand this, consider how dividends are accounted for when valuing an option using the Black Scholes model. Future dividends are discounted to the present using the risk free rate and this discounted value is reduced from the spot price used in the BSM valuation. Effectively, this reduces the spot price used in the BSM formula. When the spot price reduces, and the exercise price remains the same, then the value of the call option goes down. In the same way, when spot price is reduced by the present value of dividends (and the exercise price stays the same), obviously the put option becomes more valuable. Therefore an increase in the rate of dividends increases the value of the put option.
There is another intuitive way to think about this: A call option is like a long position in the stock, but the holder of the call option is not entitled to receive dividends (unlike the holder of the stock). Since the holder of the call option has to forego the dividends, he is willing to pay less for the option; or in other words, the value of the call reduces.
In the same way, a put option is like having a short position in the stock. The holder of the short position has to borrow the stock in order to get into the short position in the first place. When dividends are paid, the holder of the short stock position has to make good any dividends that might be paid to the lender of the stock. The holder of a put option does not have to make any such payments. Therefore the put option is more valuable, and the existence of dividends (or an increase in dividends) increases the value of the put option.
(Try this out using the Black Scholes Excel model given under the tutorials by varying the spot price.)