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Vendor: CIPS

Exam Code: L5M6 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
You have an Azure SQL data warehouse.
Using PolyBase, you create table named [Ext].[Items] to query Parquet files stored in Azure Data Lake Storage Gen2 without importing the data to the data warehouse.
The external table has three columns.
You discover that the Parquet files have a fourth column named ItemID.
Which command should you run to add the ItemID column to the external table?

A. Option B
B. Option A
C. Option C
D. Option D
Answer: B
Explanation:
References:
https://docs.microsoft.com/en-us/sql/t-sql/statements/create-external-table-transact-sql

NEW QUESTION: 2
Identify three characteristics of cost component to cost element mapping.
A. You cannot modify, duplicate, or create user-defined cost components.
B. You can only define one cost component to cost element mapping for an installation.
C. It is user-defined.
D. It is one of the attributes you define as part of your cost profile definitions.
E. It lets you define how cost component level costs will map into cost elements.
Answer: C,D,E
Explanation:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_9392D04E277B3B45E040D30A68817A96

NEW QUESTION: 3
For a FX forward contract, what would be the worst time for a counterparty to default (in terms of the maximum likely credit exposure)
A. Indeterminate from the given information
B. At maturity
C. Right after inception
D. Roughly three-quarters of the way towards maturity
Answer: B
Explanation:
Explanation
With the passage of time, the range of possible values the FX contract can take increases. Therefore the maximum value of the contract, which is when the credit risk would be maximum, would be at maturity. (Note that this is different than an interest rate swap whose value at maturity approaches zero.) Therefore Choice 'a' is the correct answer and the others are incorrect.


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