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NEW QUESTION: 1
A Windows Communication Foundation (WCF) service handles online order processing for your company.
You discover that many requests are being made with invalid account numbers. You create a class named AccountNumberValidator that has a method named Validate.
Before the message is processed, you need to validate account numbers with AccountNumberValidator and reject messages with invalid account numbers.
You create a new class that implements the IParameterInspector interface. Which code segment should you use in this class?
A. Public Sub AfterCall(
ByVal operationName As String,
ByVal outputs() As Object,
ByVal returnValue As Object,
ByVal correlationState As Object) _
Implements IParameterInspector.AfterCall
Return
End Sub
Public Function BeforeCall(
ByVal operationName As String,
ByVal inputs() As Object) As Object _
Implements IParameterInspector.BeforeCall Dim accountNumber As String =
GetAccountNumber(inputs)
Dim validator As AccountNumberValidator =
New AccountNumberValidator()
If (Not validator.Validate(accountNumber)) Then
Return New FaultException()
End If
End Function
B. Public Sub AfterCall(
ByVal operationName As String,
ByVal outputs() As Object,
ByVal returnValue As Object,
ByVal correlationState As Object) _ Implements
IParameterInspector.AfterCall
Dim accountNumber As String = GetAccountNumber(outputs)
Dim validator As
AccountNumberValidator = New AccountNumberValidator()
If (Not validator.Validate(accountNumber)) Then
Throw New FaultException()
End If
End Sub
Public Function BeforeCall(
ByVal operationName As String,
ByVal inputs() As Object) As Object _
Implements IParameterInspector.BeforeCall
Return Nothing
End Function
C. Public Sub AfterCall(
ByVal operationName As String,
ByVal outputs() As Object,
ByVal returnValue As Object, ByVal correlationState As Object) _ Implements IParameterInspector.AfterCall Dim accountNumber As String = GetAccountNumber(outputs) Dim validator As AccountNumberValidator = New AccountNumberValidator() If (Not validator.Validate(accountNumber)) Then returnValue = New FaultException() End If End Sub Public Function BeforeCall( ByVal operationName As String, ByVal inputs() As Object) As Object _ Implements IParameterInspector.BeforeCall Return Nothing End Function
D. Public Sub AfterCall(
ByVal operationName As String,
ByVal outputs() As Object,
ByVal returnValue As Object,
ByVal correlationState As
Object) _
Implements IParameterInspector.AfterCall
Return
End Sub
Public Function BeforeCall(
ByVal operationName As String,
ByVal inputs() As Object) As Object _
Implements IParameterInspector.BeforeCall
Dim accountNumber As String = GetAccountNumber(inputs)
Dim validator As AccountNumberValidator = New AccountNumberValidator() If (Not
validator.Validate(accountNumber)) Then
Throw New FaultException()
End If
Return Nothing
End Function
Answer: C

NEW QUESTION: 2
Janice Palmer, CFA, is an international equity analyst at a large investment management firm catering to high net worth U.S. investors. She is assisted by Morgan Greene and Cathy Wong. Both Greene and Wong have prepared their preliminary security selections and are meeting along with Palmer today for detailed security analysis and valuation. They have narrowed their focus to a few closed-end country funds and some firms from Switzerland, Germany, the U.K. and the emerging markets.
The initial decision is to choose between closed-end country funds and direct investment in foreign stock markets. Wong is in favor of country funds because:
1. Country funds provide immediate diversification.
2. Buying country funds is a better choice than direct investment for most emerging markets.
However, Wong has observed a premium to NAV that is prevalent in closed-end country funds. Wong is curious as to how the observed premiums would affect investments in such instruments.
In contrast to Wong, Greene is more inclined towards individual stocks and has started looking into their financial statements. One firm Greene is analyzing is a German conglomerate. Kaiser Corp. Kaiser has a history of growing by acquiring high-growth firms in niche markets. Exhibit 1 provides key financial information from Greene's analysis of Kaiser Corp.
Exhibit 1: Financial information-Kaiser Corp.

While going through their sample of emerging market stocks, Wong observed that these markets in general have high inflation and that sales for the stocks were extremely seasonal. Wong compensated by adjusting reported sales growth in the emerging market firms by deflating the sales using annual inflation adjustments. Wong also made upward adjustments to reported depreciation figures.
Wong suggested to her colleagues that they add a country risk premium to the discount rate they were using to evaluate emerging market stocks. She further suggested that they estimate country risk premiums by calculating the spread between the yield of U.S. government bonds and that of similar maturity local bonds.
Subsequently they started working on the financial projections for Emerjico, Inc., an emerging market stock. Their assumptions are given in Exhibit 2.
Exhibit 2: Key Assumptions-Emerjico

Based on the spread between local bonds and U.S. Treasuries, is Wong's suggestion of adding a country risk premium to the discount rate being used appropriate or not? Adding a country risk premium is:
A. not appropriate because country risks are largely diversifiable risks.
B. not appropriate because returns on local debt issues are highly correlated with returns on corporate investments.
C. appropriate if the local bonds are dollar denominated.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Country risk can be largely diversified away. Hence, the addition of country risk premiums to discount rates is not the preferred way for valuing emerging market stocks. The scenario discounted cash How method is recommended as the prime valuation approach. A common method for deriving a country risk premium does use the spread between U.S. Treasuries and local bonds that are dollar denominated, but this approach is realistic ONLY if the returns of local debt and equity instruments are highly correlated. Such a premium is difficult to apply to individual securities because different industries are affected by country risks in different ways. (Study Session II, LOS 39.d)

NEW QUESTION: 3
Which CTI application will enable students to register for classes over the telephone?
A. Text-to-speech
B. Voice mail
C. Interactive voice response
D. SVD
Answer: C

NEW QUESTION: 4
You have an answer file named Unattend.xml for a Windows 7 automated installation. You need to perform an unattended installation of Windows 7 by using the answer file. What should you do?
A. Name the answer file as unattend.txt and save it to a USB disk. Start the computer from the Windows Preinstallation Environment (WinPE).
B. Name the answer file as unattend.xml and save it to a floppy disk. Start the computer from the Windows Preinstallation Environment (WinPE).
C. Name the answer file as autounattend.xml and save it toa floppy disk. Start the computer from the Windows 7 DVD.
D. Name the answer file as unattend.xml and save it to a USB disk. Start the computer from the Windows Preinstallation Environment (WinPE).
Answer: C
Explanation:
Explanation/Reference:
Explanation:

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