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CWM_LEVEL_1 - Chartered Wealth Manager (CWM) Certification Level 1 Examination

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NEW QUESTION: 1
The value of GSM-R evaluation & optimization services: (multiple choices)
A. is difficult to ask g points to pray for positioning ()
B. Key area optimization | )
C. saves maintenance costs
D. Rapidly improve network performance (correct counseling)
E. knows that "Technology transmits f positive W answer"
Answer: A,B,D,E

NEW QUESTION: 2
Ann is a member of the Sales group. She needs to collaborate with Joe, a member of the IT group, to edit a file. Currently, the file has the following permissions:
Ann:read/write
Sales Group:read
IT Group:no access
If a discretionary access control list is in place for the files owned by Ann, which of the following would be the BEST way to share the file with Joe?
A. Remove Joe from the IT group and add him to the Sales group.
B. Have the system administrator give Joe full access to the file.
C. Add Joe to the Sales group.
D. Give Joe the appropriate access to the file directly.
Answer: D
Explanation:
Joe needs access to only one file. He also needs to 'edit' that file. Editing a file requires Read and Write access to the file. The best way to provide Joe with the minimum required permissions to edit the file would be to give Joe the appropriate access to the file directly.

NEW QUESTION: 3
DRAG DROP
Your network contains an Active Directory domain named contoso.com. The domain contains two servers named Server1 and Server2 that run Windows Server 2016.
Server1 has IP Address Management (IPAM) installed. Server2 has Microsoft System Center 2016 Virtual Machine Manager (VMM) installed.
You need to integrate IPAM and VMM.
Which types of objects should you create on each server? To answer, drag the appropriate object types to the correct servers. Each object type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

Answer:
Explanation:

Server 1 (IPAM): Access Policy
VMM must be granted permission to view and modify IP address space in IPAM, and to perform remote management of the IPAM server. VMM uses a "Run As" account to provide these permissions to the IPAM network service plugin. The "Run As" account must be configured with appropriate permission on the IPAM server.
To assign permissions to the VMM user account
In the IPAM server console, in the upper navigation pane, click ACCESS CONTROL, right-click Access Policies in the lower navigation pane, and then click Add AccessPolicy.
Etc.
Server 2 (VMM) #1: Network Service
Server 2 (VMM) #2: Run As Account
Perform the following procedure using the System Center VMM console.
To configure VMM (see step 1-3, step 6-7)

Etc.
References: https://technet.microsoft.com/en-us/library/dn783349(v=ws.11).aspx

NEW QUESTION: 4
Voyager Inc., a primarily internet-based media company, is buying The Daily, a media company with exposure to newspapers, television, and the internet.

Voyager's acquisition of The Daily is The company's second major acquisition in its history. The previous acquisition was at the height of the merger boom in the year 2000. Voyager purchased the Dragon Company at a premium to net asset value, thereby doubling the company's size. Voyager used the pooling method to account for the acquisition of Dragon; however, because of FASB changes to the Business Combination Standard, Voyager will use the acquisition method to account for the Daily acquisition.

Voyager has made an all-cash offer of $45 per share to acquire The Daily. Wall Street is skeptical about the merger. While Voyager has been growing its revenues by 40% per year, The Daily's revenue growth has been less than 2% per year. Michael Renner. the CFO of Voyager, defends the acquisition by stating that The Daily has accumulated a large amount of tax losses and that the combined company can benefit by immediately increasing net income after the merger. In addition, Renner states that the New Voyager will eliminate the inefficiencies of the internet operations and thereby boost future earnings. Renner believes that the merged companies will have a value of $17.5 billion.
In the past, The Daily's management has publicly stated its opposition to merging with any company, a position management still maintains. As a result of this situation, Voyager submitted their merger proposal directly to The Daily's board of directors, while the firm's CEO was on vacation. Upon returning from vacation, The Daily's CEO issued a public statement claiming that the proposed merger was unacceptable under any circumstances.
Assuming that Renner's estimate of the value of the merged companies is correct, calculate the acquirer's gain from the merger.
A. $11,634.2 million.
B. $7,910.5 million.
C. $9,503.2 million.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
First, we must separate the synergistic value from the combined value of the firm as follows:
VAT = VA + VT + S - C
where:
VAT = the combined value of the firm
VA = the value of the acquirer before the merger
VT = the value of the target before the merger
S = the synergistic value from the merger
C = the cash paid to the target
Rearranging the formula, the synergistic value can be isolated as follows:
S = VAT -VA - VT + C
= 17,500 - (68 x 117.6) - (35 213-1) + (45 213.1) _
= 17,500 - 7,996.8 - 7,458.5 + 9,589.5
= 11,634.2 million.
Next calculate the acquirer's gain as follows:
acquirer's gain = S - (PT - VT)
where:
S = the synergistic value from the merger
PT = the price paid for the target
VT = the value of the target before the merger
acquirers gain = 11,634.2 - [(45 x 213.1) - (35 x 213.1)]
= 11,634.2-(9,589.5-7,458.5)
= $9,503.2 million
(Study Session 9, LOS 31-1)


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