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ITFAS-Level-1 real exams

Exam Code: ITFAS-Level-1

Exam Name: Inspection and Testing of Fire Alarm Systems Level I Exam

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
There are seven risk responses, a project manager can use to address risk events. Which one of the following is a risk response that is appropriate for positive or negative risk events depending on the scenario in the project?
A. Acceptance
B. Transference
C. Sharing
D. Avoidance
Answer: A

NEW QUESTION: 2
Which database contains information about all of the devices that are currently registered in the fabric?
A. FLOGI
B. FDMI
C. FCNS
D. RSCN
Answer: A

NEW QUESTION: 3
The board of directors receives notice from the primary regulator of the bank that potentially suspicious activity has been identified and the bank president appears to be involved. The Board asks the compliance officer for advice.
Which action should the compliance officer take when informed?
A. Insist on the president's immediate resignation
B. Destroy all records relating to the matter
C. Inform the president of the regulator's suspicions and ask for his advice
D. Inform the bank's legal counsel and follow their instructions
Answer: D

NEW QUESTION: 4
Section C (4 Mark)
Suppose an investor Mr. A buys or is holding ABC Ltd. currently trading at Rs. 4758. He decides to establish a collar by writing a Call of strike price Rs. 5000 for Rs. 39 while simultaneously purchasing a Rs. 4700 strike price Put for Rs. 27. Since he pays Rs. 4758 for the stock ABC Ltd., another Rs. 27 for the Put but receives Rs.
39 for selling the Call option, his total investment is Rs. 4746.
What would be the Net Payoff of the Strategy?
* If ABC Ltd closes at 4851
* If ABC Ltd closes at 5267
A. 214 and 154
B. 0 and 124
C. -46 and 4
D. 105 and 254
Answer: D

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