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NEW QUESTION: 1
You need to support the message processing for the ocean transport workflow.
Which four actions should you perform in sequence? 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

Step 1: Create an integration account in the Azure portal
You can define custom metadata for artifacts in integration accounts and get that metadata during runtime for your logic app to use. For example, you can provide metadata for artifacts, such as partners, agreements, schemas, and maps - all store metadata using key-value pairs.
Step 2: Link the Logic App to the integration account
A logic app that's linked to the integration account and artifact metadata you want to use.
Step 3: Add partners, schemas, certificates, maps, and agreements
Step 4: Create a custom connector for the Logic App.
References:
https://docs.microsoft.com/bs-latn-ba/azure/logic-apps/logic-apps-enterprise-integration-metadata

NEW QUESTION: 2
Kim Simpson, CFA, manages a $75 million multi-cap growth portfolio. Simpson utilizes a growth at a reasonable price (GARP) investment strategy and her investment universe consists of small, medium and large capitalization stocks. She turns the entire portfolio over once each year. Simpson is concerned about the amount of trading costs she has generated through the implementation of her investment strategy.
Simpson decides to conduct a trade cost analysis with the cooperation of her trader, Janet Long, CFA.
Simpson believes the results of the trading analysis can be used to improve trading performance and help to refine her investment strategy. The first trade they examine is a purchase of 2000 shares of Technology Company that was completed using a market order. Simpson remembers adding to her Technology Company position based on her analyst's recommendation that the company was going to generate earnings significantly above the consensus estimate in a soon to be released earnings report. The order was split into two trades as shown in Figure 1.
Figure 1: Technology Company buy order for 2000 shares

In conducting a comprehensive analysis of the trading markets, Simpson states that she is most concerned about market liquidity. Simpson defines a market with good liquidity as one with diversity of opinion, many buyers/sellers and relatively wide bid-ask spreads. In addition to reviewing market liquidity, Simpson believes that, in order to assess market quality, both the ease with which investors can obtain accurate information and the certainty that a trade will be completed must be evaluated.
Simpson and Long review their trade of Nano Corporation, a small biotechnology company. Simpson used a limit order because her analyst had established a specific buy target and she wanted to hold down transaction costs. To handle both explicit and implicit trading costs, Simpson measures execution costs using implementation shortfall. The buy order for 100,000 shares of Nano stock has the following timeline:
* Nano stock price closes at $35.00 per share.
* Day one: Simpson places a limit order for 100,000 shares of Nano stock at $34.75 per share or better at the opening of trading. However, Nano's stock never falls below $35.00 per share and closes at $36.50 per share.
* Day two: Simpson adjusts her limit order price to $37.00 per share or better. Long is able to fill 50,000 shares of the order at $36.75 per share. Nano's stock climbs to $38.00 per share during the day and Simpson moves the limit price to $40.00 per share or better. Long completes the purchase of the remaining 50,000 shares of Nano at $40.00 per share, which is also the closing price of Nano's stock.
* The commission for each block trade is $2,500.
Long suggests implementing the Best Execution concept as established by the CFA Institute in its Trade Management Guidelines. Long states best execution would accept a high portfolio turnover strategy provided the overall portfolio value is greater after trading costs. Long asserts that her professional relationships are integral to best execution.
The buy order for the Technology Company shares has an average effective spread closest to:
A. $ 0.15.
B. $ 0.10.
C. $ 0.20.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
effective spread (buy order) = 2 x (actual execution price - midpoint of the market at the time an order is entered) effective spread for the order of 700 shares = 2 x (79.25 - 1(79.25 + 79.00) / 2)]) = 0.25 effective spread for the order of 1,300 shares = 2 x (80.00 - 1(80.30 + 79.75) / 2)]) = 0.15 Average effective spread equals the mean effective spread over all transactions for Technology Company.
In this case: average effective spread = (0.25 + 0.15) / 2 = 0.20 (Study Session 16, LOS 45.b)

NEW QUESTION: 3
Your customer wants the guidelines for an employee's merit recommendation to be prorated based on the employee's date of last hire. The date of last hire is different than the employee's original hire date. How can you fulfill this requirement?
A. Use salary proration and import the employee's last hire date in the SALARY_PRORATING_START_DATE column of the user data file (UDF)
B. Use raise proration and import a proration factor in the RAISE_PRORATING column of the user data file (UDF)
C. Use salary proration and set the review start date equal to the employee's hire date
D. Use raise proration and import the employee's last date in the RAISE_PRORATING_START_DATE column of the user data file (UDF)
Answer: A