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CIS-VRM Reliable Test Preparation, CIS-VRM Customizable Exam Mode | CIS-VRM Pdf Dumps - FreeTorrent

CIS-VRM

Exam Code: CIS-VRM

Exam Name: Certified Implementation Specialist - Vendor Risk Management

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
Universal containers require different fields to be out at each of the opportunity sales process. What configuration steps can an app builder use to meet this requirement?
A. Set page layout required fields based on the current stage
B. Create a process builder to prompt the user for filed information
C. Add the path component to the lightning record type
D. Define record type and page payouts for each stage
Answer: B

NEW QUESTION: 2
Sarah Bean is a registered representative with NewWave Investments, a family of mutual funds. She has recommended one of NewWave's funds to a client and given him a prospectus. The prospectus provides information about the fund's breakpoints and indicates that an investment of $25,000 or more will lead to a reduced front-end load. The prospectus also clearly explains the details of a letter of intent. Sarah's client invests $23,000 in the fund then and there without even opening the prospectus.
Has Sarah violated any of FINRA's rules of conduct?
A. Yes. Sarah is required to explain the concepts of breakpoints and letters of intent to her client.
B. No. Sarah properly provided her client with a prospectus prior to selling him shares of the fund.
C. Yes. Sarah is not permitted to accept funds from a client without the presence of her immediate supervisor.
D. Yes. Sarah needed to tell her client that he would have to read through the prospect us to ensure he understood all aspects of the investment before she could take any money from him.
Answer: A
Explanation:
Explanation/Reference:
Explanation: Yes. Sarah is required to explain the concepts of breakpoints and letters of intent to her client and her failure to do so is a violation of FINRA's rules of conduct. A registered representative selling mutual fund shares is required to explain the salient facts contained in a fund's prospectus to a client before selling him the fund shares. Sarah's failure to do so is deemed "inconsistent with just and equitable principles of trade."

NEW QUESTION: 3
Which of the following is the BEST answer for implementing a feature that will remove a single point of failure between a SAN and host?
A. MPIO
B. MTBF
C. MPLS
D. MTU
Answer: A

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