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NEW QUESTION: 1
Which of the following cannot be eliminated through diversification?
I. Stand-alone risk
II. Unsystematic risk
III. Systematic risk
IV. Market risk
V. Beta risk
VI. Corporate risk
VII. Alpha risk
VIII. Gamma risk
A. I, II, V, VII, VIII
B. II, III, VI
C. I, III, IV, VI, VII, VIII
D. III, IV, V
E. I, II, V, VI
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Of the various components of asset risk, only systematic risk cannot be diversified away. Systematic risk measures that part of asset risk that is inherent regardless of the level of diversification, and is measured by the Beta coefficient. Systematic risk is also referred to as "market risk" and "beta risk." Corporate risk is defined as the variability of an asset's expected returns without taking into consideration the effects of shareholder diversification. This is one step away from Stand-alone Risk, which measures the risk of an asset, not only without taking into consideration the effect of shareholder diversification, but of company diversification as well. Stand-alone risk assumes that the asset in question is the only asset of the firm and that the securities of the firm are the only assets in investors' portfolios. Corporate risk takes into consideration that firms will diversify their asset bases. Stand-alone risk is defined as the variability of an asset's expected returns if it were the only asset of a firm and the stock of that firm was the only security in an investor's portfolio. This type of risk is definitively reduced through diversification, and is commonly referred to as "unsystematic risk."

NEW QUESTION: 2
An advantage of using sanitized live transactions in test data is that:
A. all transaction types will be included.
B. test transactions are representative of live processing.
C. every error condition is likely to be tested.
D. no special routines are required to assess the results.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Test data will be representative of live processing; however, it is unlikely that all transaction types or error conditions will be tested in this way.

NEW QUESTION: 3
A tester has been using the msadc.pl attack script to execute arbitrary commands on a Windows NT4 web server. While it is effective, the tester finds it tedious to perform extended functions. On further research, the tester come across a perl script that runs the following msadc functions:

Which exploit is indicated by this script?
A. A denial of service exploit
B. A SQL injection exploit
C. A buffer overflow exploit
D. A chained exploit
Answer: D

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