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Vendor: PMI

Exam Code: PMI-ACP Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Preview the worksheet to see how it will look when printed.

A. Option A
File -> select print preview
Answer: A

NEW QUESTION: 2
To allow the Storage Center Update Utility (SCUU) to serve updates, which inbound TCP port should be opened on the Microsoft Windows firewall?
A. 0
B. 1
C. 2
D. 3
Answer: C

NEW QUESTION: 3
DRAG DROP
You are planning to deploy a database to Windows Azure SQL Database.
You need to design a stored procedure to update rows. The stored procedure must meet the following requirements:
* If the update fails, an error must be raised to the application and the update must be discarded.
* The stored procedure must be designed to maximize concurrency.
What should you include in your design?
To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

Explanation:
Box 1: Begin an explicit transaction.
Box 2: Perform an update in a try block.
Box 3: Read the @@ROWCOUNT system variable.
Box 4: Raise an error and roll back the transaction if the row count is less than 1.
Box 5: Commit the transaction in a finally block.
Note:
* Read Committed is SQL Server's default isolation level.
* @@ROWCOUNT
eturns the number of rows affected by the last statement.
* Using TRY...CATCH in a transaction
The following example shows how a TRY...CATCH block works inside a transaction. The statement inside the TRY block generates a constraint violation error.
BEGIN TRANSACTION;
BEGIN TRY
-- Generate a constraint violation error.
DELETE FROM Production.Product
WHERE ProductID = 980;
END TRY
BEGIN CATCH
SELECT
ERROR_NUMBER() AS ErrorNumber
,ERROR_SEVERITY() AS ErrorSeverity
,ERROR_STATE() AS ErrorState
,ERROR_PROCEDURE() AS ErrorProcedure
,ERROR_LINE() AS ErrorLine
,ERROR_MESSAGE() AS ErrorMessage;
IF @@TRANCOUNT > 0
ROLLBACK TRANSACTION;
END CATCH;
IF @@TRANCOUNT > 0
COMMIT TRANSACTION;
GO

NEW QUESTION: 4
The rule that optimal portfolios will maximize the Sharpe ratio only applies when which of the following conditions is satisfied:
I. It is possible to borrow or lend any amounts at the risk free rate
II. Investors' risk preferences are fully described by expected returns and standard deviation III. Investors are risk neutral
A. I and III
B. II
C. I and II
D. I, II and III
Answer: C
Explanation:
Explanation
The Sharpe ratio does not require investors to be risk neutral, only that for a given level of returns they prefer less risk to more risk. (Risk neutral means that investors are indifferent to the level of risk, and are only driven by a desire to maximizing expected value, regardless of risk levels.) The ability to borrow and lend any amounts of money at the risk free rate is a fundamental assumption for the rule that optimal portfolios will maximize the Sharpe ratio.
This rule also assumes that risk preferences are completely described by return and standard deviation of returns.
Therefore Choice 'd' is the correct answer as statements I and II are correct.


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