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NEW QUESTION: 1
You are tasked with planning an ISAM for Mobile deployment for external clients. Requests between ISAM for Mobile Appliance and ISAM for Web components will be controlled via a firewall.
Assuming default ports are used, which ports do you need to open in the firewall to allow the ISAM for Mobile Appliance to function correctly?
A. 80,443
B. 443,636
C. 389,443
D. 443,7135
Answer: C
NEW QUESTION: 2
Jonathan Weil, CFA, is the managing director of Weil Capital Management (WCM). Weil has decided to reevaluate the asset backed security (ABS) positions in his investors' portfolios since a recent, and severe, credit problem in the subprime lending industry has had ripple effects on other fixed-income markets. Weil expects the interest rate term structure to remain flat, but shift upward as credit terms tighten. Weil has asked one of his analysts, Vanessa Ordon, to assist him in analyzing potential ABS investments, including some products he is unfamiliar with.
Ordon provides an assessment of ABS backed by auto loans, credit card receivables, and closed end home equity loans. Ordon has assembled the following information on the collateral, credit enhancements, and prepayment risk associated with each type of ABS.
Ordon has also assembled the following information on the structure of a closed end home equity loan (HEL) asset backed security. Ordon has presented the security to Weil as a potential investment opportunity, but Weil is concerned about its default and prepayment risks. The HEL ABS does not have a shifting interest mechanism.
Ordon has also developed an assessment of mortgage backed securities (MBS). Ordon has assembled the following information related to a mortgage backed security.
Which of the following statements regarding the types of credit enhancement for the auto loan and credit card receivable ABS described by Ordon is most likely correct?
A. The credit card receivable ABS credit enhancement is a corporate guarantee.
B. The auto loan ABS credit enhancement is an excess servicing spread.
C. The credit enhancements for both the auto loan ABS and the credit card receivable ABS are external.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The credit enhancement described for the auto loan ABS is an internal credit enhancement known as an excess servicing spread. Under the excess servicing spread, the ABS issuer pays a coupon to investors that is less than the coupon earned on the collateral. The excess of cash inflows over cash outflows is used to fund credit losses in the collateral. The credit enhancement described for the credit card receivable ABS is an external credit enhancement known as a letter of credit. A letter of credit is a third party, usually a bank, guarantee against collateral losses up to a certain point. Defaults on the collateral are thus mitigated to a certain extent. Third party guarantees are subject to the weak-link philosophy and any credit downgrades associated with the third party will negatively affect the rating of the ABS. (Study Session J 5, LOS 56.d)
NEW QUESTION: 3
An organization (account ID 123412341234. has configured the IAM policy to allow the user to modify his credentials. What will the below mentioned statement allow the user to perform?
{
"Version": "2012-10-17",
"Statement": [{
"Effect": "Allow",
"Action": [
"iam:AddUserToGroup",
"iam:RemoveUserFromGroup",
"iam:GetGroup"
],
"Resource": "arn:aws:iam:: 123412341234:group/TestingGroup"
}]
A. Allow the IAM user to delete the TestingGroup
B. The IAM policy will allow the user to subscribe to any IAM group
C. The IAM policy will throw an error due to an invalid resource name
D. Allow the IAM user to update the membership of the group called TestingGroup
Answer: D
Explanation:
Explanation
AWS Identity and Access Management is a web service which allows organizations to manage users and user permissions for various AWS services. If the organization (account ID 123412341234. wants their users to manage their subscription to the groups, they should create a relevant policy for that. The below mentioned policy allows the respective IAM user to update the membership of the group called MarketingGroup.
{
"Version": "2012-10-17",
"Statement": [{
"Effect": "Allow",
"Action": [
"iam:AddUserToGroup",
"iam:RemoveUserFromGroup",
"iam:GetGroup"
],
"Resource": "arn:aws:iam:: 123412341234:group/ TestingGroup "
}]
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