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Exam Number : MCPA-Level-1
Exam Name : MuleSoft Certified Platform Architect - Level 1
Vendor Name : MuleSoft
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Exam Code: MCPA Level 1

Exam Name: MuleSoft Certified Platform Architect - Level 1

Format: Multiple-choice, closed book, proctored, online

Length: 60 questions

Duration: 120 minutes (2 hours)

Pass score: 70%

Language: English



A MuleSoft Certified Platform Architect should be able to define and be responsible for an organizations Anypoint Platform strategy. The MCPA – Level 1 exam validates that an architect has the required knowledge and skills to direct the emergence of an effective application network out of individual integration solutions following API-led connectivity across an organization using Anypoint Platform. Certified candidates should be able to:



- Optimize and shape the Anypoint Platform deployment in the specific organizational context, working with business, infrastructure, InfoSec, and other teams.

- Define how Anypoint Platform is used in conjunction with other tools and applications in the organization.

- Define the usage of Anypoint Platform and the corresponding organizational and process changes needed to help the platform be sustainable.

- Provide guidance and drive the creation of standards, reusable assets, and automation required for scale and multi-LoB adoption.



Details;

- Explaining application network basics

- Establishing organizational and platform foundations

- Designing and sharing APIs

- Designing APIs using System, Process, and Experience Layers

- Governing APIs on Anypoint Platform

- Architecting and deploying API implementations

- Deploying API implementations to CloudHub

- Meeting API quality goals

- Monitoring and analyzing application networks



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level 2 belongings: Definition, Examples, and vs. degree 1 and three property | Killexams.com Resources

what is a degree 2 Asset?

degree 2 property are economic assets and liabilities which are problematic to price. a good value may also be decided in line with different facts values or market expenditures however these assets do not need regular market pricing. level 2 asset values are occasionally called "mark-to-model" assets. They can be intently approximated using standard models and extrapolation strategies. These strategies use usual, observable expenses as parameters.

Key Takeaways
  • degree 2 assets are financial property and liabilities that would not have regular market pricing.
  • Their reasonable value may also be determined in response to different facts values or market fees.
  • level 2 property are the center classification in keeping with how reliably their reasonable market value can be calculated.
  • stage 2 belongings are generally held by way of deepest equity businesses, assurance organizations, and different fiscal institutions with funding arms. 
  • understanding degree 2 property

    Publicly traded corporations are obligated to set up reasonable values for the belongings they keep it up their books. investors count on these fair value estimates to investigate the company's latest situation and future prospects.

    in line with frequently accepted accounting principles (GAAP), definite assets must be recorded at their latest cost, not ancient cost. Publicly traded businesses must also classify all their property in accordance with the benefit with which they will also be valued in compliance with the accounting common economic Accounting requisites Board (FASB) 157. 

    Three asset degrees were added by way of the FASB to deliver readability to corporations' stability sheets. stage 2 assets are the center classification in accordance with how reliably their reasonable market price may also be calculated. level 1 assets similar to stocks and bonds are the simplest to cost. stage 3 belongings can handiest be valued based on inner models or "guesstimates." They have no observable market expenditures.

    level 2 assets are generally held with the aid of private fairness businesses, assurance corporations, and different financial associations that have funding palms. 

    level 2 belongings ought to be valued using market information acquired from exterior, unbiased sources. The facts used can include quoted expenditures for equivalent belongings and liabilities in lively markets, expenses for similar or equivalent assets and liabilities in inactive markets, or fashions with observable inputs. These consist of default quotes, hobby quotes, and yield curves.

    An pastime price swap is an illustration of a stage 2 asset. The asset price can be determined based on the observed values for underlying activity charges and market-decided chance premiums.

    actual-World illustration of a stage 2 Asset

    The Blackstone group L.P. (BX) breaks down its stage 2 property in the company's 10-ok and 10-Q filings for shareholders. The asset supervisor disclosed the following assistance in the filings:

    "reasonable value is decided by utilizing models or other valuation methodologies. monetary contraptions which are generally covered during this class consist of corporate bonds and loans, together with company bonds and loans held inside CLO vehicles, executive and agency securities, less liquid and restricted fairness securities, and certain over-the-counter derivatives where the reasonable value is in response to observable inputs. Senior and subordinated notes issued through CLO cars are categorised inside level II of the reasonable cost hierarchy."

    Observable vs. Unobservable Inputs

    traders and analysts every now and then combat to establish the change between degree 2 and stage three assets. The change is critical, besides the fact that children, notably as a result of GAAP requires further disclosures for level 3 assets and liabilities. whether an asset or legal responsibility is stage 2 or degree 3 is elegant on the valuation inputs and no matter if the market facts it truly is used is purchasable to the public.

    This brings a number of questions to the forefront:

  • Is the cost supported by means of true market transactions?
  • Is a value received from backyard the company and is it with no trouble accessible to the public?
  • Is the valuation disbursed at regular intervals?
  • The input may well be regarded unobservable if the reply to any of those questions is no. level 3 is the fair price hierarchy as a result.

    what's an activity price Swap?

    An interest cost swap occurs when two events change pastime payments to be made at a future point in time. Swaps are customarily revamped the counter, now not on exchanges. they are in response to the essential cost of the underlying property. They generally come into play between loans with floating and stuck quotes.

    what's fair Market price?

    The Cornell legislation faculty felony suggestions Institute defines reasonable market price as "the cost of property as determined via the market (or purpose clients) rather than as determined by way of a subjective individual. here's what an advised and unpressured buyer would pay to an advised, unpressured vendor in an arm's length transaction."

    what's GAAP?

    GAAP (commonly authorised accounting concepts) changed into collectively created and issued by way of the monetary Accounting requisites Board (FASB) and the Governmental Accounting requirements Board (GASB). It sets accounting guidelines and specifications that may also be used across industries so monetary suggestions will also be more with no trouble compared and exchanged.

    The bottom line

    The reasonable value of degree 2 property is in line with linked intrinsic however not with no trouble obvious components and prices. These values fall within the middle between property which are true to their market fees and those with values which are knowledgeable guesses. These assets are basically held via investment enterprises and institutions. realizing them can be key to accomplishing certain kinds of investments.


     

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