CIPS L6M5 Q&A - in .pdf

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  • Exam Code: L6M5
  • Exam Name: Strategic Programme Leadership
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NEW QUESTION: 1
Big Easy Investment Banking, Inc., participates in a Western account underwriting of $10 million of municipal bonds by agreeing to underwrite 10% of the issue. One week later, $4 million remains unsold but Big Easy has distributed $1.5 million of bonds.
What is the liability of Big Easy remaining in the account?
A. $400,000
B. $0
C. $600,000
D. $1,000,000
Answer: D
Explanation:
Explanation/Reference:
Explanation: $1,000,000. In a Western account, each underwriter has divided liability and each is responsibility only for his respective part. In this case, Big Easy is responsible for 10% of $10,000,000 - or
$1,000,000.

NEW QUESTION: 2
Scenario: A XenDesktop Administrator just updated a StoreFront server to the X1 Receiver portal theme. The NetScaler Administrator would like to update the gateway to match StoreFront as closely as possible.
How can the NetScaler Administrator accomplish this with the least amount of administrative effort and without impacting connectivity through the gateway during the change?
A. Create a new gateway with the X1 theme.
B. Create a new gateway with a customs theme to match StoreFront.
C. Update the existing gateway by selecting the X1 theme from the global settings.
D. Update the existing gateway by building a custom theme to match StoreFront.
Answer: C

NEW QUESTION: 3
You have a requirement to identify whether an applicant is eligible for a child support payment. To be eligible, the applicant must have at least two children of school age. You will collect the details of each of the person's children to infer whether each child is of school age, and from that infer whether or not the person is eligible.
Which data model approach supports this requirement?
A. Create attributes for the child's name and the child's age in the Global entity.
B. Create an entity called the child under the Global entity with attributes for the child's name and the child's age with a reference relationship to the global entity.
C. Create an entity container on an interview screen and add name and age attributes for at least two children.
D. Create an entity called the child with a containment relationship from the Global entity. Create attributes for the child's name and the child's age in the child entity.
E. Create an entity called the child under the Global entity with an attribute for the number of children of school age.
Answer: E

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