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  • Exam Code:AZ-800
  • Exam Name:Administering Windows Server Hybrid Core Infrastructure Exam
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After signing on to CICS, how does a user invoke a transaction?
A. By typing a TRANSID
B. By typing EXEC CICS
C. By issuing a TSO command
D. By typing INVOKE CICS
Answer: A

Which Talent Profile content sections can be included in job applications?
A. Only Previous Employment, Degrees and Areas of Study
B. Only Previous Employment, Degrees, Accomplishments and Licenses and Certifications
C. Only Previous Employment and Degrees
D. Only Previous Employment, Degrees, Work Requirements, Licenses and Certifications and Languages
E. Only Previous Employment, Degrees and Work Requirements
Answer: D

Christopher Robinson, chairman of the board of directors for a private endowment fund, believes that the endowment fund for which he is responsible has diverged too far from its stated objectives. Over several years the board has increased the size of the fund's equity position beyond the stated limits of the investment policy statement. In an effort to realign the fund's investments, Robinson has elected to choose a mortgage-backed security (MBS) for inclusion in the endowment's portfolio. After surveying the MBS market, Robinson has selected four MBS securities to present as potential investments at the next investment committee meeting. Details on the selected MBS securities are presented below:

At the investment committee meeting, a fellow board member raises his concerns over the potential MBS investments stating, "While we all agree that the fixed-income proportion of the endowment is much too small, I am not sure the suggested MBS securities will fulfill the cash flow requirements of the endowment.
What risks are we taking on by allocating a portion of the portfolio to these investments? We cannot afford to end up with a timing mismatch between the cash needs of the endowment and the cash provided from its investments. Also, we have given no consideration to commercial mortgage backed securities (CMBS).
Isn't our analysis incomplete if we fail to give proper discussion of potential CMBS investment opportunities?" Robinson responded to his fellow board member by addressing the board member's concerns as follows:
"Since the cash requirements of the endowment fund fluctuate directly with interest rates, the cash flows provided from the MBS will provide adequate protection against cash shortfalls arising from differences in the timing of cash needs and cash sources. In addition, we can further reduce uncertainty surrounding the timing of cash flows by purchasing planned amortization class CMOs, which are securities issued against pools of MBS. CMBS were not presented due to the unacceptable risk profile of the comparable CMBS trading in the marketplace." Which of the following factors would most likely increase the rate of prepayments on any of the listed MBS securities?
A. The Federal Reserve increases the reserve requirement for domestic banks.
B. Interest rates hit a low of 5.2% for the second time in the same year.
C. Annualized GDP growth, on an inflation adjusted basis, increases from last year.
Answer: C
Increased economic growth increases incomes and worker migration. In turn, higher incomes will lead some households to purchase more expensive houses. Workers who migrate to a new location because of increased job opportunities will also repay mortgages when they sell their homes. If the Fed increases reserve requirements, interest rates will increase as a result of the restrictive monetary policy and prepayments will decrease. If interest rates hit a low point a second time, prepayments will occur but at a significantly lower rate than when the first interest rate low occurred. (Study Session 15> LOS 55-0

You need to configure AG1.
What should you create?
A. a basic routing rule
B. a URL path-based routing rule
C. a multi-site listener
D. a basic listener
Answer: B

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