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NEW QUESTION: 1
A vRealize Automation administrator wants to run a vRealize Orchestrator workflow immediately after a virtual machine has been given an IP address by using a vSphere customization specification configured in a blueprint.
Which event subscription machine provisioning state should the administrator use to achieve this?
A. CloneWorkflow.CustomizeOS
B. VMPSMasterWorkflow32.MachineActivated
C. CloneWorkflow.CustomizeMachine
D. VMPSMasterWorkflow32.RegisterMachine
Answer: D

NEW QUESTION: 2
Travis Smith, CFA, is chief economic strategist and market analyst for Nashville Capital Management. He is developing a forecast of the S&P 500 stock market index utilizing different approaches.
Using microeconomic analysis, Smith wants to value the S&P using a dividend discount model (DDM) valuation approach. The trailing recent 52-week dividend for the S&P 500 equaled $60. Used as a proxy for the nominal risk-free rate, Treasury rates are as follows:
* 3-month T-bill rate: 3.5%
* 30-year T-bond rate: 5.0%
Smith uses an equity market premium equal to 6%. His estimate for the long-term outlook for ROE is 11%, and the long-run earnings retention rate is estimated at 40%.
Smith also is forecasting the market trends using varied macroeconomic techniques. He believes that security prices reflect expectations about the general economy. During his monitoring and forecasting of the overall economy, Smith is evaluating cyclical indicators and the business cycle. Smith has focused his analysis on three indicators:
1. Index of industrial production.
2. Interest rate spread between 10-year T-bonds and the fed funds rate.
3. Stock prices.
Smith is particularly interested in using stock market trends to predict economic turning points.
In conducting his research, Smith has found that the business cycle appears to be in the slowdown phase.
In his capital markets forecasting activities, Smith looks at government policy, and attempts to predict business and consumer activity, along with foreign trade. Smith has determined that government policy has a significant influence on the business cycle, and he is trying to predict changes in government policy.
Smith predicts that the government fiscal policy will loosen and that the Federal Reserve monetary policy will tighten. Smith estimates the following variables:
* Short-term neutral interest rate: 3.5%
* Nominal GDP long-term growth rate trend: 4.25%
* Federal Reserve inflation target: 2.25%
Smith forecasts that inflation will increase to 3.0%, and nominal GDP will grow at a 1.5% rate.
Smith's supervisor, Rasheed Gupta, requests a valuation of the S&P500 using a free cash flow to equity (FCFE) model. Gupta makes the following statement:
"A valuation model that replaces dividends with free cash flow to equity is a good alternative to the DDM If
1 remember correctly, free cash flow to equity equals net income plus depreciation." Supervisor Gupta's recommendations for the calculation of FCFII will lead to a valuation of the S&P 500 that most likely is:
A. too low if proceeds from new debt issues exceed principal debt repayments.
B. too low if capital expenditure is positive.
C. too low if change in working capital is positive.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Gupta's definition of FCFE is wrong. The correct formula is: Net income plus Depreciation minus Change in Working Capital minus Capital Expenditure minus Principal Debt Repayments plus Proceeds from New Debt Issues. Gupta's formula will underestimate FCFE if proceeds from new debt issues exceed principal debt repayments. The other choices (A and B) will cause Gupta's formula to overestimate FCFE. (Study Session 7, LOS 24.c)

NEW QUESTION: 3
The three major after the fact controls consist of all of the following EXCEPT.
A. Procedural review initiated to determine whether those given specific procedures are doing them properly in achieving the anticipated results.
B. Audits conducted to determine if the work performed met the original intent.
C. A prework review to determine the desired results.
D. Periodic reports used to compare actual performance with a plan.
Answer: C
Explanation:
The three major after the fact controls consist of all of the following EXCEPT a prework review to determine the desired results. There is no pre work review involved in after the fact controls. The remaining answers are all correct: Audits conducted to determine if the work performed met the original intent. Periodic reports used to compare actual performance with a plan. And, procedural review initiated to determine whether those given specific procedures are doing them properly in achieving the anticipated results.

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