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CII M05 Reliable Study Plan - Certification M05 Exam Cost, M05 Exam Format - FreeTorrent

M05

Exam Code: M05

Exam Name: Insurance law (IL) Exam

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
This organization maintains a database of hash signatures for known software
A. American National standards Institute
B. Institute of Electrical and Electronics Engineers
C. National Software Reference Library
D. International Standards Organization
Answer: C

NEW QUESTION: 2
Which statement is true about language support for Blue Coat WebFilter on-box database and Dynamic Categorization technologies?
A. On-box database and dynamic categorization support the same list of languages and do not categorize Web sites written in other languages.
B. Both on-box database and dynamic categorization categorize Web sites in all human languages, but the precision of categorization results vary.
C. On-box database may contain categorizations for Web sites in languages that are not recognized by dynamic categorization.
D. If dynamic categorization algorithm correctly identifies the language of a Web site, then the algorithm can also categorize Web sites in that language based on Bayes analysis of words found.
Answer: D

NEW QUESTION: 3
An entity has daily cash receipts of US $100,000 and collection time of 2 days. A bank has offered to reduce the collection time on the entity's deposits by 2 days for a monthly fee of US $500. If money market rates are expected to average 6% during the year, the net annual benefit loss) from having this service is:
A. US $3,000
B. US $6,000
C. US $0
D. US $12,000
Answer: B
Explanation:
If collection time is 2 days, and average daily receipts are US $ 100,000, the average cash balance will increase by I. $200,000 if the bank's system is adopted At a 6% interest rate, US $200,000 will generate US $12,000 of interest revenue annually. The US $500 monthly charge by the bank will result in an annual expense of US $6,000. Thus, the net annual benefit is US $6,000 $12,000 - 6,000).


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