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NEW QUESTION: 1
You execute the following piece of code with appropriate privileges:
User SCOTT has been granted the CREATE SESSION privilege and the MGR role.
Which two statements are true when a session logged in as SCOTT queries the SAL column in the view and the table? (Choose two.)
A. Data is redacted for the EMP.SAL column only if the SCOTT session does not have the MGR role set.
B. Data is redacted for EMP.SAL column only if the SCOTT session has the MGR role set.
C. Data is redacted for the EMP_V.SAL column only if the SCOTT session has the MGR role set.
D. Data is redacted for the EMP_V.SAL column only if the SCOTT session does not have the MGR role set.
E. Data is never redacted for the EMP_V.SAL column.
Answer: A,E
Explanation:
Explanation/Reference:
Explanation:
Note:
* DBMS_REDACT.FULL completely redacts the column data.
* DBMS_REDACT.NONE applies no redaction on the column data. Use this function for development testing purposes. LOB columns are not supported.
* The DBMS_REDACT package provides an interface to Oracle Data Redaction, which enables you to mask (redact) data that is returned from queries issued by low-privileged users or an application.
* If you create a view chain (that is, a view based on another view), then the Data Redaction policy also applies throughout this view chain. The policies remain in effect all of the way up through this view chain, but if another policy is created for one of these views, then for the columns affected in the subsequent views, this new policy takes precedence.
NEW QUESTION: 2
Which two use Oracle dynamic routing gateway (DRG) for connectivity? (Choose two.)
A. Local VCN peering
B. Remote virtual cloud network (VCN) peering across region
C. Oracle IPsec VPN
D. Oracle Cloud Infrastructure FastConnect public peering
Answer: B,C
Explanation:
Explanation
References: https://docs.cloud.oracle.com/en-us/iaas/Content/Network/Concepts/fastconnectoverview.htm You use a DRG when connecting your existing on-premises network to your virtual cloud network (VCN) with one (or both) of these:
IPSec VPN
Oracle Cloud Infrastructure FastConnect
You also use a DRG when peering a VCN with a VCN in a different region:
Remote VCN Peering (Across Regions)
NEW QUESTION: 3
Using SAP Landscape Transformation (SLT), you are replicating in real-time an SAP ERP system (source system) into an
SAP HANA system.
How can you check whether the source system and SLT are synchronized?
There are 2 correct answers to this question.
A. By comparing entries in table TTZCU (Customizing time zones) in SLT and the SAP ERP system
B. By executing the ABAP program :TZCUSTHELP in SLT and the SAP ERP system
C. By comparing the system time of the operating systems in SLT and the SAP ERP system
D. By executing the ABAP program :SAPLATRA_TOOL_TIMES in SLT and the SAP ERP system
Answer: A,B
NEW QUESTION: 4
Natalia Berg, CFA, has estimated the key rate durations for several maturities in three of her $25 million bond portfolios, as shown in Exhibit 1.
At a fixed-income conference in London, Berg hears a presentation by a university professor on the increasing use of the swap rate curve as a benchmark instead of the government bond yield curve. When Berg returns from the conference, she realizes she has left her notes from the presentation on the airplane. However, she is very interested in learning more about whether she should consider using the swap rate curve in her work.
As she tries to reconstruct what was said at the conference, she writes down two advantages to using the swap rate curve:
Statement 1: The swap rate curve typically has yield quotes at 11 maturities between 2 and 30 years. The
U.S. government bond yield curve, however, has fewer on-the-run issues trading at maturities of at least two years.
Statement 2: Swap curves across countries are more comparable than government bond curves because they reflect similar levels of credit risk.
Berg also estimates the nominal spread, Z-spread, and option-adjusted spread (OAS) for the Steigers Corporation callable bonds in Portfolio 2. The OAS is estimated from a binomial interest rate tree. The results are shown in Exhibit 2.
Berg determines that to obtain an accurate estimate of the effective duration and effective convexity of a callable bond using a binomial model, the specified change in yield (i.e., Ay) must be equal to the OAS.
Berg also observes that the current Treasury bond yield curve is upward sloping. Based on this observation, Berg forecasts that short-term interest rates will increase.
If the 5- and 10-year key rates increase by 20 basis points, but the 2- and 20-year key rates remain unchanged:
A. all three portfolios will experience the same price performance.
B. Portfolio 1 will experience the best price performance.
C. Portfolio 2 will experience the best price performance.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The exposure of each portfolio to changes in the 5- and 10-year rates are equal to the sum of the 5- and
10-yeat key rate durations:
portfolio 1 exposure = 0.20 + 0.15 = 0.35
portfolio 2 exposure = 0.40 + 4.00 = 4.40
Portfolio 2 has the largest exposure, and portfolio 1 has the smallest exposure. If the 5- and 10-year key rates increase, portfolio 1 will fall by the smallest amount and will experience the best price performance (i.e., the smallest decrease in value).
You can confirm this by doing the calculations for a 20 basis point increase:
% change in portfolio 1 = (-0.20 x 0.002 x 100) + (-0.15 x 0.002 x 100)
= (-0.35 x 0.002 x 100) = -0.07%
% change in portfolio 2 = (-0.40 x 0.002 x 100) + (-4.00 x 0.002 x 100)
= (-4.40 x 0.002 x 100) - -0.88%
(Study Session 14, LOS 53.f)