CRT-261 Reliable Mock Test & CRT-261 Practice Exam Questions - Photoexperienceacademy
- Name: Certification Preparation for Service Cloud Consultant
- Exam Code: CRT-261
- Certification: CRT-261
- Vendor: Salesforce
- Total Question: 630
- Price: 49$
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NEW QUESTION: 1
DRAG DROP
Match the CSS terms to the corresponding examples. (To answer, drag the appropriate term from the column on the left to its example on the right. Each term may be used once, more than once, or not at all.
Each correct match is worth one point.)
Select and Place:
Answer:
Explanation:
NEW QUESTION: 2
Satish Dhawan, a veteran fixed income trader is conducting interviews for the post of a junior fixed income trader. He interviewed four candidates Adam, Balkrishnan, Catherine and Deepak and following are the answers to his questions.
Question 1: Tell something about Option Adjusted Spread
Adam: OAS is applicable only to bond which do not have any options attached to it. It is for the plain bonds.
Balkishna: In bonds with embedded options, AS reflects not only the credit risk but also reflects prepayment risk over and above the benchmark.
Catherine: Sincespreads are calculated to know the level of credit risk in the bound, OAS is difference between in the Z spread and price of a call option for a callable bond.
Deepark: For callable bond OAS will be lower than Z Spread.
Question 2: This is a spread that must be added to the benchmark zero rate curve in a parallel shift so that the sum of the risky bond's discounted cash flows equals its current market price. Which Spread I am talking about?
Adam: Z Spread
Balkrishna: Nominal Spread
Catherine: Option Adjusted Spread
Deepark: Asset Swap Spread
Question 3: What do you know about Interpolated spread and yield spread?
Adam: Yield spread is the difference between the YTM of a risky bond and the YTM of an on-the-run treasury benchmark bond whose maturity is closest, but not identical to that of risky bond. Interpolated spread is the spread between the YTM of risky bond and the YTM of same maturity treasury benchmark, which is interpolated from the two nearest on-the-run treasury securities.
Balkrishna: Interpolated spread is preferred to yield spread because the latter has the maturity mismatch, which leads to error if the yield curve is not flat and the benchmark security changes over time, leading to inconsistency.
Catherine: Interpolated spread takes account the shape of the benchmark yield curve and therefore better than yield spread.
Deepak: Both Interpolated Spread and Yield Spread rely on YTM which suffers from drawbacks and inconsistencies such as the assumption of flat yield curve and reinvestment at YTM itself.
Then Satish gave following information related to the benchmark YTMs:
Who amongst the four candidates is correct regarding OAS?
A. Only Deepak
B. Only Deepak and Catherine
C. Only Adam and Catherine
D. Only Catherine
Answer: C
NEW QUESTION: 3
Click the Exhibit button.
Ifthe Cloud Governance Model included Highly Available Cloud Service in the Cloud Governance by Objective layer (top), which three options would be included in the Cloud Operations Governance layer (bottom)? (Choose three.)
A. The cloud service must have enough spare nodes to meet expected demand.
B. The cloud service must include automation to restart a failed virtual machine.
C. The cloud service must include a change management process that thoroughly tests changes before including them in the production environment.
D. The top 10 vital cloud consumer business applications running in the cloud service must be available 99.99% 24x7.
E. The cloud service must include a disaster recovery plan.
F. The cloud service network infrastructure must not have any single points of failure.
Answer: B,C,E
NEW QUESTION: 4
DRAG DROP
Your network contains an Active Directory forest. The forest contains two domains named contoso.com and fabrikam.com.
You plan to decommission the fabrikam.com domain.
You need to perform the following migration tasks:
- Copy user accounts from the fabrikam.com domain to the contoso.com domain. - Move the client computers from fabrikam.com to contoso.com.
The solution must ensure that all of the user profiles are associated to the migrated user accounts.
Which tool should you use to perform each task?
To answer, drag the appropriate tool to the correct migration task in the answer area. Each tool may be used once, more than once, or not at all. Additionally, you may need to drag the split bar between panes or scroll to view content.
Answer:
Explanation:
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