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When is a broker allowed to assume a deal is closed:
A. When the principals give a written undertaking for all deals done at the end of the day.
B. When an acknowledgement is received from the principal that the deal is done.
C. When one of the principals confirms the deal.
D. When both back offices acknowledge the deal.
Answer: B
NEW QUESTION: 2
A. Option B
B. Option D
C. Option C
D. Option A
Answer: B
NEW QUESTION: 3
An enterprise is evaluating a Software as a Service (SaaS) solution to support a core business process. There is no outsourcing governance or vendor management in place. What should be the CEO's FIRST course of action?
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B. Ensure the roles and responsibilities to manage service providers are defined.
C. Establish a contract with the SaaS solution provider.
D. Ensure the service level agreements (SLAs) for service providers are defined.
Answer: B
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