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NEW QUESTION: 1
You execute the following PL/SQL: Which two statements are true?

A. Fine-Grained Auditing (FGA) is enabled for the PRICE column in the PRODUCTS table for SELECT statements only when a row with PRICE > 10000 is accessed.
B. FGA is enabled for all DML operations by JIM on the PRODUCTS.PRICE column.
C. FGA is enabled for the PRICE column of the PRODUCTS table and the SQL statements is captured in the FGA audit trial.
D. FGA is enabled for the PRODUCTS.PRICE column and an audit record is written whenever a row with PRICE > 10000 is accessed.
Answer: A,D
Explanation:
DBMS_FGA.add_policy
*The DBMS_FGA package provides fine-grained security functions.
*ADD_POLICY Procedure
This procedure creates an audit policy using the supplied predicate as the audit condition.
Incorrect:
Not C: object_schema
The schema of the object to be audited. (If NULL, the current log-on user schema is assumed.)

NEW QUESTION: 2
George Armor, CFA, is a new stock analyst for Pedad Investments. One tool that Pedad uses to compare stock valuations is the dividend discount model (DOM). In particular, the firm evaluates stocks in terms of
"justified" multiples of sales and book value. These multiples are based on algebraic manipulation of the DDM. Over time, these multiples seem to provide a good check on the market valuation of a stock relative to the company's fundamentals. Any stock which is currently priced below its value based on a justified multiple of sales or book value is considered attractive for purchase by Pedad portfolio managers. Exhibit 1 contains financial information from the year just ended for three stable companies in the meat-packing industry: Able Corp, Baker, Inc., and Charles Company, from which Armor will derive his valuation estimates.

One of Pedad's other equity analysts, Marie Swift, CFA, recently held a meeting with Armor to discuss a relatively new model the firm is implementing to determine the P/E ratios of companies that Pedad researches. Swift explains that the model utilizes a cross-sectional regression using the previous year-end data of a group of comparable companies' P/E ratios against their dividend payout ratios (r), sustainable growth rates (g), and returns on equity (ROE). The resulting regression equation is used to determine a predicted P/E ratio for the subject company using the subject company's most recent year-end data. Swift has developed the following model, which has an R-squared of 81%, for the meat packing industry (16 companies):
Predicted P/E = 2.74 + 8.21(r) + 14.21(g) + 2.81(ROE)
(STD error) (2.11) (6.52) (9.24) (2.10)
After Swift presents the model to Armor, she points out that models of this nature are subject to limitations.
In particular, multicollinearity, which appears to be present in the meat packing industry model, can create great difficulty in interpreting the effects of the individual coefficients of the model. Swift continues by stating that in spite of this limitation, models of this nature generally have known and significant predictive power across different time periods although not across different stocks.
Based on Exhibit 1, indicate the company that has the lowest predicted P/E utilizing the meat packing industry model presented by Swift.
A. Charles Company.
B. Able Corp.
C. Baker, Inc.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Based on the model presented, the predicted P/E ratios can be calculated as:
Able: 2.74 + 8.21(1.00 / 2.50) + 14.21(0.15) + 2.81(0.25) = 8.85
Baker: 274 + 8.21(1.60/4.80) + 14.21(0.10) + 2.81(0.15) = 7.32
Charles: 2.74 + 8.21(2.50/4.00) + 14.21(0.03) + 2.81(0.08) = 8.52
(Study Session 12,LOS42.g)

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