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NEW QUESTION: 1
Under the terms of the 1970 Securities Investor Protection Act, what is the status of a customer whose
account assets exceed SIPC insurance coverage when his broker/dealer becomes insolvent?
A. SIPC will issue a debenture to guarantee eventual repayment of the deficiency
B. the customer becomes a general creditor of the insolvent firm for the amount of deficiency
C. all broker/dealers are assessed to fully satisfy the deficiency
D. the US Treasury is pledged to make up the deficiency
Answer: B
Explanation:
the customer becomes a general creditor of the insolvent firm for the amount of deficiency.
After the SIPC coverage is exhausted, the customer becomes a general creditor. Due to the insolvency of
the broker/dealer, there is no likelihood of the customer receiving restitution.
NEW QUESTION: 2
Which of the following factors yields cost savings in cloud computing? (Select TWO).
A. Availability
B. On premises
C. Ubiquitous access
D. Shared resources
E. Multi-tenancy
Answer: D,E
NEW QUESTION: 3
Which of the following statements about Encapsulating Security Payload (ESP) is true?
A. ESP can encrypt data and verify data integrity.
B. ESP only verifies data integrity.
C. ESP is never used in combination with Authentication Header (AH).
D. ESP is always used in combination with Authentication Header (AH).
Answer: A