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NEW QUESTION: 1
You have an Azure subscription that contains two virtual networks named VNet1 and VNet2. Virtual machines connect to the virtual networks.
The virtual networks have the address spaces and the subnets configured as shown in the following table.

You need to add the address space of 10.33.0.0/16 to VNet1. The solution must ensure that the hosts on VNet1 and VNet2 can communicate.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

Explanation

Step 1: Remove peering between Vnet1 and VNet2.
You can't add address ranges to, or delete address ranges from a virtual network's address space once a virtual network is peered with another virtual network. To add or remove address ranges, delete the peering, add or remove the address ranges, then re-create the peering.
Step 2: Add the 10.44.0.0/16 address space to VNet1.
Step 3: Recreate peering between VNet1 and VNet2
References:
https://docs.microsoft.com/en-us/azure/virtual-network/virtual-network-manage-peering

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 best describes the initial reaction of the home equity loan backed ABS Ordon presented to Weil if there is a collateral default of $30 million?
A. The principal value of Tranche D will fall to $31 million.
B. The principal value of Tranche E will fall to $24 million.
C. The principal value of Tranche E will fall to $49 million.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The home equity loan ABS has an internal credit enhancement known as over-collateralization. The principal of the collateral equals $475 million. The principal of the tranches, however, totals only $450 million (180 + 112.5 + 67.5 + 36 + 54). The over-collatcralization feature is included in ABS to protect the tranches from collateral defaults. Thus $25 million of the $30 million default stated in the question would first be absorbed by the extra collateral. This leaves a $5 million default that must be absorbed by one of the tranches. Tranche E has been subordinated to Tranches A - D, a structure known as credit tranching.
Losses resulting from defaults (a credit event) are absorbed by Tranche E first until the principal backing the tranche is exhausted. The remaining $5 million default gets absorbed by Tranche E, reducing the principal to $49 million (54 - 5). (Study Session 15, LOS 56.b,e)

NEW QUESTION: 3
What is the highgest reporting level in management accounting?
A. Controlling area
B. Company code
C. Profit center
D. Operating concern
Answer: D