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Vendor: CMAA

Exam Code: Construction-Manager Dumps

Questions and Answers: 104

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NEW QUESTION: 1
You are starting to review some of the incident reports that have been submitted as a result of test execution.

Which THREE of the comments would be your main findings when you have reviewed the following incident report?
A. Date to be fixed not defined
B. Should have been two defect reports
C. Actual cause is missing
D. Both severity and priority do not make sense
E. Reproducibility is not indicated
F. Defect type is missing
G. Ambiguous description
Answer: B,E,G

NEW QUESTION: 2
Azure Active Directory(Azure AD)テナントがあります。
すべてのユーザーがAzureポータルにアクセスするときに多要素認証を使用することを要求する条件付きアクセスポリシーを作成する必要があります。
どの3つの設定を構成する必要がありますか?回答するには、回答エリアに適切な設定を選択します。
注:各正しい選択には1ポイントの価値があります。

Answer:
Explanation:

Explanation
1. Users and Groups
2. Conditions
3. Grant
https://docs.microsoft.com/en-us/azure/active-directory/conditional-access/howto-conditional-access-policy-all-u

NEW QUESTION: 3
[According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] The profit potential from the conversion of convertible bonds into stock is limited by
A. the issuer's option to call the security at short notice
B. volatility of the stock
C. conversion premium charged by the issuer
D. a rise in interest rates
Answer: A
Explanation:
Explanation
The profit potential from the conversion of convertible bonds into stock is limited by the issuer's option to call the security at short notice. Generally, the convertible debt security is convertible into a certain number of shares, and the debt holder will generally not convert the security to shares unless there is a profit to be made.
The 'premium' is irrelevant, because as long as the premium exists, the debt holder has no incentive to convert, as he would be better off buying the shares in the market. It is only when share prices go beyond a level that it becomes advantageous convert the security into shares. However, the prospect of granting cheap shares to the debt holders is not too appealing to the issuer, and as soon as the share price goes beyond a point where the value of the shares exceeds the face value of the debt the issuer has an incentive to exercise its option to call the security.
Therefore the profit potential from the conversion of convertible bonds into shares is limited by the issuer's option to call the security, and Choice 'a' is the correct answer. The 'premium', or interest rates, or volatility are irrelevant.


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