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000-103 - AIX 6.1 Basic Operations - Dump Information

Vendor : IBM
Exam Code : 000-103
Exam Name : AIX 6.1 Basic Operations
Questions and Answers : 81 Q & A
Updated On : Click to Check Update
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000-103 Questions and Answers

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How would an operator determine if the System Activity Report has been scheduled?

  1. Login as adm and run crontab Login as adm and run crontab ?

  2. Login as adm and run crontab Login as adm and run crontab ?

  3. Login as root and run crontab Login as root and run crontab ?

  4. Login as root and run crontab Login as root and run crontab ?

Answer: B


Which of the following commands can be used to show all disks configured on the


  1. lsdev -C disk

  2. lsdev -P disk

  3. lsdev -Cc disk

  4. lsdev -Pc disk

Answer: C


What command will allow the operator to add the current working directory to the

command search path?

  1. export PATH=pwd

  2. export PATH=$PWD

  3. export PATH=$PATH:pwd

  4. export PATH=$PATH:$PWD

Answer: C


Which of the following is a correct statement about how the user environment is

configured at login?

  1. If present, the settings in the $HOME/.profile file will override the settings in the

    /etc/profile file.

  2. If both $HOME/.profile and $HOME/.env files are present, the settings in the

    $HOME/.profile file will take precedence.

  3. The settings in the /etc/environment file are system-wide and will override user customized settings in the $HOME/.profile.

  4. The settings in the /etc/profile file will override settings in the $HOME/.profile file unless the $LOCAL_PROFILE variable is set to 'true'.

Answer: C


An operator was contacted by a user who stated that the script mkit.sh seems to be hung

and that the user needs the script stopped. The operator logged in as root and issued the command: ps-ef | grep mkit.sh. The following results were returned: user1 98342 768 0 Sep 14 - 0:00 /bin/ksh /home/user1/mkit.sh Which command would the operator issue to stop the 'mkit.sh' script?

  1. halt 768

  2. kill 768

  3. halt 98342

  4. kill 98342

Answer: D


Which of the following commands will display, in MB, the total, used, and free blocks of the currently mounted filesystems?

  1. df -m

  2. du -m

  3. df –vm

  4. du -vm

Answer: C


How can an operator temporarily gain access to the command line while in a smit session, without losing the current smit session?

  1. F2 key

  2. F6 key

  3. F8 key

  4. F9 key

Answer: D


An operator has been asked to display all users which have primary or secondary group set

to 'webadmin'. Which of the following commands will retrieve the required information?

  1. lsgroup webadmin

  2. finger -G webadmin

  3. who -group webadmin

  4. grep webadmin /etc/passwd

Answer: A


An operator is editing a file using vi. Which of the following subcommand sequences will

copy the current line plus the next 2 lines to the end of the file?

  1. yyE 3p

  2. 3yy Gp

  3. 3yy :e5pp

  4. yy :g 3p

Answer: B


Which of the following commands can an operator use to view disk performance details?

  1. topas -D

  2. topas -R

  3. topas -C

  4. topas -d

Answer: A


An operator needs to replace all the occurrences of the string '/home/user1' in the current file using vi with '/home1/user2'. Which of the following sub-commands will achieve this?

  1. :1,$ s:/home/user1:/home1/user2:g

  2. :1,$ s\/home/user1\/home1/user2\/g

  3. :1,$ s\/\/home\/user1\/\/home1\/user2\/g D. :1,$ s/\\/home\\/user1/\\/home1\\/user2/g

Answer: A


Which of the following commands can be used to locate all occurrences of a file script.sh

on a system?

  1. file -l script.sh

  2. ls -ar | grep script.sh

  3. find . -name script.sh -print

  4. find / -name script.sh -print

Answer: D


The system administrator has requested that all setuid/setgid bits be removed from

executables in application filesystem. Which command will achieve this?

  1. chmod -R o-s /application

  2. chmod -R ug-s /application

  3. chmod -R -s -o /application

  4. chmod -R -s -ug /application

Answer: B


The operator is viewing a file using 'more'. What subcommand can be used to exit before

reaching the end of the file?

  1. q

  2. :w!

  3. /quit

  4. ctrl X

Answer: A

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That’s the date of the newest Berkshire Hathaway (BRK.B) annual shareholder’s letter in which Warren Buffett, perhaps BV’s quantity-one non-academic fan mentioned, with respect to this year’s letter’s having departed from its lengthy-standing culture of opening with a press release of the alternate within the Berkshire’s BV: “It’s now time to abandon that practice.” As if to pile on, Buffett subsequent stated “that the annual exchange in Berkshire’s ebook cost – which makes its farewell look on page 2 – is a metric that has lost the relevance it as soon as had.” That strikes me as a call to action — to look after e-book cost! (I feel it’s in character; I’m the man who, at a writing workshop I used to attend answered to the multitude of fantastical dystopian submissions I’d been seeing by suggesting that i used to be could are trying to drum up a category action lawsuit difficult discrimination against zombies.) Rumors of the demise of ebook cost are vastly exaggerated. © Can inventory image / Woolwerth placing On My historic attorney’s Hat in my view, BV is not by any capacity my favourite valuation yardstick. I’ve tended to want fee-to-income, business price-to-earnings, price-to-Estimated salary, and with a touch of comparisons to free money stream (however not overdoing it as a result of FCF can get very unstable and because accruals — an extra despised and discriminated-in opposition t metric — in reality tells us greater than many know). I did include rate to e-book cost (PB) within the pre-constructed “fundamental: cost” ranking device I constructed for portfolio123.com however that wasn’t so much a depend of conviction but a way that it have to be there given my intent to create a fairly regular gadget users may edit if and as they wished. Buffett’s letter did a bunch on my head. should still I revise that pre-built rating system? may still I agree with ceasing to use that rating device in a separate colossal-scale factor-linked challenge on which I’m working? That mental stalemate (together with an additional simply-accomplished rush task) is why I hardly ever published anything else in over a month. but then, I remembered debates I used to have with George S. Meissner, who gave me my first law job, about defending people who fully-positively did it (which became fairly tons the case for each one of our crook defense customers). everybody is entitled to have their rights asserted, he said. Even the responsible are as a minimum entitled to make the prosecution go through the burden of proving guilt beyond an inexpensive doubt beneath correct strategies and with adequately admissible evidence. “What would you do in case you were accused of a crime? Wouldn’t you admire that?” he requested. My answer: “I’d simply hire you.” sooner or later, even though, he became right. each person is entitled to a protection; corrupt nursing home operators, killers . . . and of course zombies, and sure, even e-book value. What, precisely, Is book price An accountant would explain that here's the the buy rate of an asset, minus adjustments corresponding to depreciation and amortization (fancy calculations that supposedly incorporate the deteriorating usefulness of that asset as time passes) plus alterations for quantities you spend to enhance the asset over the course of its life. issues then get complex because accountants believe in terms of double entry, which capability we can’t ignore cash used to buy (and perhaps increase) the asset . . . . wake up, it’s now not all that unhealthy. after we change to the investor’s vantage factor, we customarily speak concerning the business as an entire, no longer every individual piece of it. Now, booklet value is the quantity of “permanent” capital because of house owners of the enterprise (i.e., the shareholders), as hostile to collectors. (Non-permanent capital, formally known as “existing,” means money the enterprise money or other assets it's anticipated to leave directly — in below a 12 months — as part of the commonplace everyday operations of the company, corresponding to inventory that gets offered or money with the intention to given to personnel when paydays arrive, cash that will be given to suppliers for the entire stuff that became purchased aside from C.O.D., etc.). book value and Intrinsic price or Market value Now things get pleasing. In theory, publication value is the value that should be got if an organization is offered. That’s pretty an awful lot the case once we promote a car. We predict to get, or at least the buyer expects to pay (neglect what sellers expect, they all the time beginning with massive dreams) the preliminary expense of the vehicle minus whatever thing amount the purchaser can bludgeon the vendor into accepting as compensation for wear and tear, plus the cost of any new sweets being included, corresponding to, most likely, new tires that have been added just remaining week. it can be the identical for an organization; the price paid for the property, much less wear and tear plus the price of improvements. So logically, it may appear that the expense of a publicly traded stock should still be equal to its e-book cost per share. in the real world, it just about in no way works this fashion. definitely, among the many 6,549 stocks within the Portfolio123 US Fundamentals Universe as of this writing (the truly big universe that even contains loads of basically un-tradable penny stocks) the quantity trading at a value-to-book value (P/B) ratio of 1.00 changed into, exactly, zero. including a 5% margin of error above and under 1.00 produced handiest 227 stocks, a mere 3.5% of the universe. amongst S&P 500 materials, we find most effective 6 (1.2% of the entire) within a 5% margin for error. Then once more, here's the identical situation we face with any attempt to measure a stock’s actual or intrinsic cost. In conception, we recognize precisely a way to do it. Intrinsic cost is the existing value of all future cash flows one expects to receive on account of owning the asset. basically, it’s particularly complicated to calculate in view that we’re speaking in regards to the future; we can't exactly estimate future cash flows, nor the timing of these money flows. So when Warren Buffett says, as he does, “it is likely that – over time – Berkshire might be a significant repurchaser of its shares, transactions if you want to take location at prices above ebook value however beneath our estimate of intrinsic value” you should definitely mentally add right here: “ebook cost is a conservative single element in time ‘image’ of an organization’s cost that makes no allowance for future boom and profitability. Our expectations of the longer term are such that purchasing again inventory at a premium to publication cost can be exceptional so long as we buy at a discount to our expectations of booklet cost plus the have an effect on of future boom and profitability.” but what about intangibles, all the wonderful issues that booklet price supposedly doesn't have in mind? publication value does nor in fact ignore intangibles. It just treats them conservatively. © Can stock photograph / dizanna truly, booklet price take greater into account than critics understand. feel I own a brand (I’ve registered all the highbrow property that needs to be registered) You are looking to purchase it from me. How will you determine how tons you’ll pay. Don’t even think of announcing “I’ll pay the price of the manufacturer” as a result of in case you do, that you may bet I’ll pull a bunch out of my gut that’s neatly into the lots of of billions. How will you argue me down? The answer: You’ll go through some form of intellectual gymnastics for you to, on the conclusion of the day, get you to whatever that resembles an estimate of the existing value of how an awful lot which you could earn on account of owning the company. We’ll bicker over the particulars (specifically in case you counter my $450 billion offer with an ask someplace around $1.5 million). We’ll shout. We’ll curse. We’ll every threaten to walk far from the deal several times. And we’ll seek advice from different individuals. finally, even though we’ll come to terms — and assuming you went through whatever thing that’s at least vaguely analogous to a present-value-of-anticipated-cash-flows pastime, chances are the sale expense will wind up plenty nearer to $1.5 million than $450 billion (might be, in case you’re in an excellent temper, you’ll throw me a bone and we’ll do the deal at $1.8 million). What about comparables? Why suppose of future money flows when we are able to look at expenses at which similar property recently bought. How do you feel those were valued? possibly that language wasn’t brazenly used. however look at it this manner. There are two types of comps: (1) Comps whose valuations had been by some means or different linked, although debatable the details can be, to the buyer’s expectations of future money flows and timing, or (2) Comps that later come beneath the supervision of bankruptcy trustees. (I did junk bonds lower back in the ’80s. trust me, I’m now not kidding right here.) bottom line; no matter if it’s a dividend stock, a patent, a Treasury word, a copyright, a chunk of actual property, something . . . by some means or other the value will need to be pegged (although imprecisely that my be due to the fact that we’re all imperfect humans coping with the unknown future) to the current price of anticipated future money flows. booklet value is a very conservative method to this. It takes into consideration cash flows obtained during the past, if any, from intangibles — earnings that don't seem to be paid out as dividends accumulate in an accounting entry known as “retained salary” which is part of the “regular equity” part of the steadiness sheet, and in regular parlance, chiefly when discussed on a per-share basis, normal equity is known as . . . you guessed it, ebook price. So publication cost for a corporation does not ignore intangibles. gains brought on by the intangibles, during the past, if any, find their method into publication price via the retained profits account. What concerning the future (an exceptionally vital question if the intangible has now not yet been monetized, comparable to a patent that has not yet been used as a part of a business product)? What publication value does ignore is future increase expectations That’s why we should in no way predict the P/B to at all times equal 1.00. shares trade at coupon codes to or premiums above e-book cost in response to future expectations — a familiar chorus from other features of stock valuation. Intangibles are worthless unless monetized now, or at least have prospects of being monetized sooner or later. © Can inventory image / ileezhun So when Warren Buffett says Berkshire’s intrinsic price is above its book price, that isn't an announcement of reality. It’s the expression his favorable opinion regarding Berkshire’s future. He’s also implicitly pointing out that future possibilities are accelerating, that being why he thinks the stock may still grow sooner than observable increase in booklet cost. ebook price’s First Cousin - Return on fairness whereas Buffett may additionally appear to have dissed ebook cost, I’m yet to listen to him solid aspersions on Return on fairness (ROE), which is income divided via fairness, or put a different way, profit divided with the aid of e-book price. ROE is, certainly, very important to Buffett. We see that in so many phrases from Robert Hagstrom’s 1994 classic The Warren Buffett approach, which is in keeping with Hagstrom’s interpretation of Buffett’s beliefs as expressed during the annual Berkshire shareholders’ letters. As to Hagstrom’s accuracy, all i will be able to say is that lower back when i used to be protecting Berkshire at value Line, I asked Buffett straight out about the publication. He informed me he did not work with Hagstrom in any manner however that he study the publication after it turned into posted and that he had no objection to any of its content. That became about as near an endorsement as he became prone to give. I’ve seen nothing from Buffett in the years in view that to indicate he has abandoned ROE. certainly, Apple (AAPL), a tech enterprise by which Berkshire is invested regardless of the historical stereotype that Buffett changed into tech averse, has a 5-yr regular ROE of forty.6%. no longer every thing Berkshire owns or craves has tremendous ROE nowadays. as an example, Buffett and Charlie Munger engaged in some self criticism for not having invested in Amazon (AMZN) or Alphabet (GOOGL), both of which have 5-year usual ROEs that are good enough (eleven.66% and 14.21% respectively) however which are trending up (respective trailing twelve months ROEs of 30.06% and sixteen.26%). The increase attitude is critical. It’s the key to how P/B may still be used. the use of P/B I birth valuation with the Gordon Dividend growth mannequin, which says reasonable expense is equal to future dividends divided by way of the change between required cost of return and expected growth rate. Substituting revenue for Dividends (something I suppose comfortable doing given an funding-neighborhood subculture that has long been willing to treat all salary as belonging to shareholders (with them voluntarily identifying to enable administration to reinvest some and even all of it in lieu of paying cash dividends), I get this: P = E / (R - G) which, with some fundamental algebra, can also be re-expressed as: P/E = 1/(R - G) the place, P = cost E = earnings R = Required cost of Return (which depends on the possibility free cost, the possibility top rate one expects from protecting risky equities, and a measure of company-specific chance) G = anticipated future boom this is no longer a formula for Excel. Some defy exact estimation (peculiarly the concept of a limiteless fee of growth). but it is a framework that helps us consider valuation ratios, displaying, as an instance, that fair P/E rises as boom rises and/or as business-selected possibility falls, and/or as market hobby prices fall. For more particulars on this framework, click right here. right here’s how booklet value and P/B slot in. E = B * ROE (salary is the same as publication cost instances return on booklet value, or return on fairness). therefore, substituting B * ROE for E, we get: P = (B * ROE) / (R - G) With some algebraic reshuffling, we finally end up with: P/B = ROE / (R - G) once again, none of here's to be taken literally as being plug-and-play. It’s a framework and a vital one at that. It indicates us that: reasonable P/B should upward thrust as ROE rises; reasonable P/B should also upward push as expected future G (growth of ROE) rises; and reasonable P/B may still upward push as R falls (reductions in business-specific possibility will cause R to upward thrust therefore exerting upward force on P/B all else being equal. Making sense of the BM (book-to-Market) price element For some purpose academicians like to put booklet price in the numerator and specific it as an organization-huge as opposed to a per-share metric. I haven't any theory why (possibly they like the bathing room-oriented affiliation with BM — in case you don’t get it, pass it). Out of habit, I opt to express it as P/B. identical thing. (just remember that in educational papers, better BM suggests enhanced valuation; for me more suitable valuation is implied with the aid of reduce P/B.) Does this in reality make experience as a “ingredient?” fully not. It certainly not did. It doesn’t now. And it not ever will. Neither P/B nor another valuation metric will also be assessed by itself. It always is dependent upon different issues; within the case of P/B, those other issues are R, G and ROE. That’s why stories of the BM (as they are saying it) aspect seem to point to nowhere. Let’s take a little analyze P/B once we use it properly, with regards to ROE and G (I’m going to stick to these, because these are greater doubtless than not to loom because the deal breakers than will Required fee of Return). trying out P/B starting with a Portfolio123 universe constructed to approximate the Russell 3000, I installation a single factor rating gadget for P/B. I set it up such that highly ranked stocks are superior (i.e. have decrease, apparently “more cost-effective” P/B ratios). So if all goes neatly in my testing bigger rated stocks may still function more suitable. An oldie, but nonetheless a goodie. © Can stock photograph / yeyen I screened in keeping with three factors: The P/B rank (bigger is stronger) The percentile rank of the 5-12 months ordinary company ROE (bigger is superior) The ranking below the Portfolio123 “primary: increase” rating system (this is a extremely, very, very crude proxy for expected future increase of ROE that contains historical increase patterns for revenue and EPS, which potential I’m naively assuming the previous will persist — whatever thing I’d be loath to do with real money) I used Portfolio123’s rolling backtest protocol to do a test that won’t depend upon the fortuitous option of a single delivery date. On week one, I run a self-contained beginning-to-conclude 13-week check. originally of week two, I run an additional self-contained 13-week examine. at the beginning of week three, I run yet another 13-week test. and so on and so on. Then, I normal the results of all of those 13-week assessments and evaluate them with alterations within the benchmark — I’m the usage of the iShares Russell 3000 ETF (IWV) — over the same intervals, after which ordinary the results. (by the way, all figures are adjusted to replicate dividends, which means we’re complete return.) desk 1 starts us off by using looking most effective at P/B and through doing so for the previous 15 years and for the remaining two years, the latter as horrendous a duration for virtually any sort of value metric; i.e., the super cost inversion (which might also or might also not be over). The Favorable Valuation community includes stocks whose P/B ratios ranked within the lowest 35% of the universe; the damaging group refers to those whose P/B ratios had been in the maximum 35%. table 1 Avg %Returns 15-year verifyValuation degreesFavorable unfavorable All 13-Wk periods 2.86 2.70 In Up Markets 7.61 7.19 In Down Markets -eight.13 -7.86 2-yr testValuation levelsFavorable unfavorable All 13-Wk periods 1.18 3.27 In Up Markets four.28 7.05 In Down Markets -7.12 -6.88 records courtesy of S&P world Compustat, by means of portfolio123.com What we see in table 1, loads of nothing. lt would disappoint many well-known and academically inclined cost adherents. however for those who recognize the above framework, the one which equates best P/B to ROE divided by way of the difference between required fee of return and increase, table 1 is precisely on script. when we analyze P/B is isolation, we should still expect nothing, and nothing is what we get. table 2 indicates what happens when we rank through P/B within a sub-universe that has been pre-qualified to address ROE and increase (again, the latter having been crudely and naively estimated). For the Favorable types of those displays, I began through limiting consideration to appropriate 35% tallies for 5-yr regular ROE and the Portfolio123 “simple: growth” ranking system. inside this sub-universe, I authorised only stocks whose P/B ratios ranked in the lowest 20%. For the negative displays, I flipped the standards; backside 35% when it comes to ROE and boom and maximum 20% when it comes to P/B ratio. table 2 Avg %Returns 15-12 months testValuation levelsFavorable unfavorable All 13-Wk periods 2.eighty five 1.99 In Up Markets 7.05 7.eighty In Down Markets -7.03 -11.64 2-12 months testValuation levelsFavorable adverse All 13-Wk intervals 1.85 2.69 In Up Markets 4.77 6.70 In Down Markets -5.98 -eight.07 statistics courtesy of S&P global Compustat by way of portfolio123.com Now we’re seeing some things. over the past two years, according to the brilliant cost inversion, we see that standard consequences for the Favorable community trailed those of the unfavorable neighborhood. P/B isn't by any ability alone in this cost-factor nightmare; in case you know of a value component that wasn’t a multitude, please tell me — or superior nonetheless (for you), don’t inform me: hold it to your self, exchange the daylights out of it, and then go buy for yourself a tropical island or two. but before weeping over the darkish ages of price, determine the remaining row of the table, the one which compares performance best all through down periods. As crude as my growth rules was and as dismal because the length has been for cost in well-known, low P/B, when used along side the factors it have to be matched with, did well. It recommended us far from stocks that on average did about 200 basis (not annualized) elements worse per 13-week period. Now go up the desk and verify the longer-time period 15-12 months tune list, a length that includes the contemporary armageddon, the 2008 crash and healing, and much more less-dramatic years. Now we see that P/B, once more when used at the side of things we have to be when you consider that alongside of it, dd good enough. The Favorable neighborhood outperformed the damaging group by using 86 groundwork facets per 13-week period. We additionally see that use of P/B, even within this broader range of environments, didn't shine during up-market intervals. but it surely turned into an immense boon all the way through down durations, adequate so to have produced the more suitable tally for the common 15-12 months duration. food For concept despite the fact that Warren Buffett’s having closed the curtain on his shareholder-letter-leading-starring-function for ebook price, I trust the metric is still as valuable as ever. It’s a practicable, albeit conservative, estimate of a company’s here-and-now intrinsic cost assuming increase is zero. Any advice that intrinsic value is larger, no matter if due to the greatness of intangible assets or anything, is and should be read as an announcement involving future growth (monetization) prospects. In times when the market is confident and inclined to pay up for future anticipated growth, the staunchly conservative P/B metric is not the metric of choice; in contrast to P/E, P/S, and so forth. however for less buoyant instances, intervals throughout which traders are much less inclined to chase boom reports, P/B, used as it should be (i.e. with consideration to ROE and increase) may also be quite valuable. searching at the world because it now could be and as its been extra commonly than not due to the fact Henry Kaufman (what number of readers be aware him?) issued his eight/82 proclamation that then-excessive-double-digit activity rates would start to plummet, conservative investment postures seem quaint, and even pitiful and book cost would seem to belong on the scrap heap. however issues in viewpoint, now, with interest fees able to tremendous relocating which are only sideways or up but not meaningfully down, this can be the worst time conceivable to declare the loss of life of book price and all that’s involving it (P/B, ROE, and many others.). 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