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Vendor: CIPS

Exam Code: L5M8 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
A Payment Process Request was submitted. Subsequently, the user realized that there are some errors in the payment file.
The payment process was terminated by terminating the payment file.
Which three statements are true?
A. The application sets the status of the payment file to Canceled.
B. The application sets the status of each payment in the payment file to terminated.
C. The application informs the source product of the terminated documents payable, unlocks the documents, and resets their status so that the documents are available for future selection.
D. The application sets the status of the payment file to terminated.
E. The application sets the status of each payment in the payment file to Canceled.
Answer: C,D,E
Explanation:
You can decide to terminate the payment process by terminating the payment file. When you take this action, the application sets the status of the payment file to Terminated and informs the source product of the terminated documents payable. Then, for each payment in the payment file, the application sets the status to Canceled. The source product unlocks the documents and resets their status so that they are available for future selection.
Reference: Fusion Applications Help, Process Payment Files FAQs

NEW QUESTION: 2
When configuring the BIG-IP ASM System in redundant pairs, which of the following are synchronized?
(Choose two.)
A. Traffic learning information
B. License file
C. Security policies
D. Web applications
E. Request information
Answer: C,D

NEW QUESTION: 3

A. Option C
B. Option B
C. Option D
D. Option E
E. Option A
Answer: B,D,E

NEW QUESTION: 4
Which of the following persons would not be required to register with the state as an agent under the guidelines of the Uniform Securities Act (USA)?
A. Keith is a salaried employee of Middlesex County in Massachusetts who sells revenue bonds issued by the county to the public.
B. Preetham is part-owner of SecureMoney Broker-Dealers and executes the purchase and sale of securities for the firm's customers.
C. John is employed by TrustUs Corporation to sell shares of the firm's stock to the firm's employees and receives a commission on the shares he sells.
D. Stefan is a sales representative for SecureMoney Broker-Dealers and sells only mutual fund shares.
Answer: A
Explanation:
Explanation/Reference:
Explanation: Keith would not have to register as an agent since he is a salaried employee of a county in Massachusetts selling county-issued bonds to the public. He is not representing a broker-dealer; he is not receiving a commission on the bonds he sells; and he is selling exempt (government-issued) securities.
John receives a commission on his sales, so he is considered to be an agent. Stefan is a sales representative employed by a broker-dealer, which makes him an agent under USA guidelines. Even though Preetham is part-owner of the broker-dealer for which he is effecting transactions, he is acting as an agent in doing so.


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