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  • Exam Code: 77-424
  • Exam Name: Access 2013

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Was ist der primäre Effekt des Spanning-Tree-Befehls portfast?
A. Minimiert die Spanning-Tree-Konvergenzzeit
B. Der Port wird sofort in den Weiterleitungsstatus versetzt, wenn der Switch neu geladen wird
C. Der Port wird sofort im Überwachungszustand aktiviert
D. Aktiviert BPDU-Nachrichten
Answer: A

Which of the following statement(s) is (are) true with respect to constructing the proper objectives for an investor?
I). The required rate of return that an investor demands will determine how much risk the manager should take.
II). As the client's risk aversion increases, the manager may include more aggressive investments in the portfolio.
III). If the investor's objective is heavily focused towards income, then it would not be prudent to include securities that are growth oriented into the portfolio.
IV). An account that will need to generate income in step with inflation must be measured in terms of real performance.
A. I and III.
B. IV only.
C. II and IV.
Answer: B
I is false because the amount of risk an investor is willing to take will establish what kinds of return can be realistically expected to be earned from the portfolio.
II is incorrect because as the client's risk aversion increases, the manager must include more conservative investments in the portfolio. Candidates must be careful not to confuse risk aversion with risk tolerance, as these two terms have opposite meanings.
As intuitive as III sounds, it may be very prudent to include growth securities in a portfolio that requires income. The reason - it is total return that matters, and not specifically its two components of income and growth.


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