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NEW QUESTION: 1
A firm is attempting to estimate the reserves for doubtful accounts. The probabilities of these doubtful accounts follow a transition process over time. They evolve from their starting value to a changed value. As such, the most effective technique to analyze the problem is:
A. Dynamic programming.
B. Monte Carlo analysis.
C. Markov chain analysis.
D. Econometric theory.
Answer: C
Explanation:
A Markov chain is a series of events in which the probability of an event depends on the immediately preceding event. An example is the game of blackjack in which the probability of certain cards being dealt is dependent upon what cards have already been dealt. In the analysis of bad debts, preceding events, such as collections, credit policy changes, and write offs, affect the probabilities of future losses.

NEW QUESTION: 2
A risk manager is considering how to best quantify option price dynamics using mathematical option pricing
models. Which of the following variables would most likely serve as an input in these models?
I. Implicit parameter estimate based on observed market prices
II. Estimates of sensitivity of option prices to parameter changes
III. Theoretical option determination based on assumptions
A. I, II, III
B. I, III
C. II, III
D. II
Answer: A

NEW QUESTION: 3
Which three statements about workgroup bridges in a unified environment are true? (Choose three)
A. Wired clients that connect to a workgroup bridge inherit the QoS and AAA override attributes of the bridge.
B. VLANs are supported for use with workgroup bridges.
C. If a workgroup bridge associates to a web-authentication WLAN, then the bridge is added to the exclusion list and all the workgroup bridge wired clients are deleted.
D. The lightweight feature Cisco CKM is supported for use with a workgroup bridge.
E. Web authentication is not supported for use with workgroup bridges.
F. If your AP has two radios, then you can configure both for workgroup bridge mode.
Answer: A,C,E

NEW QUESTION: 4
When the administrator uses activity logging for replication, IBM Domino generates one activity logging record for each database replication request that a server initiates. Which statement is true regarding record logging?
A. Only the target server generates activity logging records.
B. Only the initiating server generates activity logging records.
C. Only the initial replication activity is logged.
D. All servers generate activity logging records.
Answer: B

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