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Exam Code: CCCS-203b Dumps

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NEW QUESTION: 1
Refer to the exhibit.

A customer with ID28720486 has set up an autonomous access point with a single broadcast SSID on the
2.4-GHz radio and requested that an engineer add an additional SSID to the 2.4-GHz radio. Given the output, what should be configured to implement the new SSID?
A. guest-mode under the new SSID
B. dot11 mbssid globally and mbssid mode under the SSIDs
C. the new SSID on the 5-GHz radio
D. guest-mode on the dot11 radio interface
Answer: B

NEW QUESTION: 2
When operating in a heavily traded currency, a commercial and retail bank's treasury is likely to focus on
cover operations. Which one of the following four commercial and retails treasury's operations is known as a
cover operation?
A. Ensuring that the risks generated by the bank's business are mitigated in the market.
B. Effectively transferring the interest rate risk in the banking book to the investment bank at a fair transfer
price.
C. Managing the net interest rate risk in the banking book directly with market counterparties by operating
a derivatives trading desk.
D. Mitigating liquidity risk, or effectively managing the balance sheet and its funding.
Answer: A

NEW QUESTION: 3
A warrant differs from a standard call option in that:
A. when a call option is exercised, the outstanding shares of the firm whose stock is being purchased
increases; this does not occur when a warrant is exercised.
B. when a warrant is exercised, the firm whose stock is being purchased will have an increase in cash;
this is not the case when a standard call option is exercised.
C. a warrant gives the holder the right to sell shares of the underlying stock; a call option gives the holder
the right to buy shares of the underlying stock.
D. a standard call option generally has a longer period to expiration than a warrant.
Answer: B
Explanation:
A warrant differs from a standard call option in that when a warrant is exercised, the firm
whose stock is being purchased will have an increase in cash; this is not the case when a standard call
option is exercised. Both the warrant and the call option give the holder the right to purchase shares of a
firm's stock, but the writer (seller) of a warrant is the firm itself whereas the writer of a standard call option
is simply another investor. Upon exercising a warrant, the investor buys the stock from the firm itself,
which increases the firm's cash account. When a call option is exercised, another investor's cash account
is increased. For the same reason, when a call option is exercised, nothing happens to the outstanding
shares of the firm; but when a warrant is exercised, the firm's outstanding shares will increase.

NEW QUESTION: 4
What is a reason the European Court of Justice declared the Data Retention Directive invalid in 2014?
A. The requirements specified that data must be held within the EU.
B. The requirements affected individuals without exception.
C. The requirements had limitations on how national authorities could use data.
D. The requirements were financially burdensome to EU businesses.
Answer: C


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