CIPS L5M7 Q&A - in .pdf

  • L5M7 pdf
  • Exam Code: L5M7
  • Exam Name: Achieving Competitive Advantage Through the Supply Chain (L5M7)
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
According to the Prudent Investor Rule, the trustee must:
- adhere to ________, impartiality and prudence
- maintain overall portfolio risk at a reasonable level
- provide for reasonable diversification of trust investments
- act with prudence in deciding whether and how to delegate authority to experts and in selecting and supervising agents
- be cost conscious when investing
A. diversification
B. loyalty
C. supervisors
D. none of these answers
E. commitment
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Modern Portfolio Theory dictates that trustees consider a portfolio in its entirety and not just on an investment-by-investment basis. As a fiduciary, therefore, the trustee must:
- adhere to fundamental fiduciary duties of loyalty, impartiality and prudence.
- maintain overall portfolio risk at a reasonable level
- the trade-off between risk and return is the fiduciary's central concern.
- provide for reasonable diversification of trust investments.
- act with prudence in deciding whether and how to delegate authority to experts and in selecting and supervising agents.
- be cost conscious when investing.

NEW QUESTION: 2
Which command displays RPA hardware platform information?
A. get_system_settings
B. get_rpa_statistics
C. get_rpa_states
D. get_system_status
Answer: C

NEW QUESTION: 3
Which of the following functions are provided by the SAP add-in for Microsoft Excel? Note: There are 2 correct answers to this question.
A. Insert SAP Cloud for Customer reports into Microsoft Excel spreadsheets
B. Upload to Microsoft Outlook add-in from Microsoft Excel add-in
C. Publish microsoft Excel workbooks to Microsoft Sharepoint from SAP Cloud for Customer
D. Upload Microsoft Excel workbooks to SAP Cloud for Customer
Answer: A,D

NEW QUESTION: 4
Which of the following processes ensures that all items of testware are identified, version controlled, tracked for changes, so that traceability can be maintained throughout the test process?
A. Incidence management process
B. Testing design process
C. Configuration management process
D. Software traceability process
Answer: C

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