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  • Exam Number/Code : Life-Producer
  • Exam Name : Maryland Life Producer Exam (Series 20-27)
  • Questions and Answers : 260 Q&As
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
Sam, the CFO of XYZ Company, finds that in the expenditure budget of the current year, there are many funds available in the stationery account, whereas there is not much amount left for employee travel expenses. Sam instructs the budget analyst John to transfer 80% of the stationery account to the travel expenses account. While transferring the amount, John encountered errors and approached Sam for a resolution. Sam reviews the situation and clarifies it to John. Choose what Sam would have explained to John.
A. It is not possible to transfer amount from one account to another unless the absolute amount is known. So John should have calculated 80% of the stationery account and then tried to make the transfer.
B. There must be some budgetary control enabled on the travel expenses, and a transfer can be made only after a funds check.
C. There must be some budgetary control enabled on the stationery and travel expenses accounts, and a transfer can be made only after a funds check.
D. There must be some budgetary control enabled on the stationery account, and a transfer can be made only after a funds check.
Answer: D

NEW QUESTION: 2
You are developing a Windows application by using Microsoft .NET Framework 4.
You plan to design a diagnostic logging strategy that will be used in a production
environment.
You need to ensure that the strategy meets the following requirements:
Which class should you use?
A. EventLog
B. Debug
C. Contract
D. Trace
Answer: D

NEW QUESTION: 3
.Establishing data ownership is an important first step for which of the following processes? Choose the BEST answer.
A. Classifying data
B. Creating roles and responsibilities
C. Developing organizational security policies
D. Assigning user access privileges
Answer: A
Explanation:
To properly implement data classification, establishing data ownership is an important first step.

 

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Reliable Life-Producer Test Tutorial, Maryland Insurance Administration Life-Producer Actual Test | Best Life-Producer Practice - Cads-Group


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