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Exam Code: Life-Producer
Exam Name: Maryland Life Producer Exam (Series 20-27)
Vendor: Maryland Insurance Administration

60 Questions & Answers
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NEW QUESTION: 1
Two organizations want to share sensitive data with one another from their IT systems to support a mutual customer base. Both organizations currently have secure network and security policies and procedures. Which of the following should be the PRIMARY security considerations by the security managers at each organization prior to sharing information?
(Select THREE)
A. Physical security controls
B. Data ownership
C. Use of smartcards or common access cards
D. Device encryption
E. SLA/ISA
F. Patch management
G. Use of digital signatures
H. Outboarding/Offboarding
Answer: B,D,E

NEW QUESTION: 2
Christine Crumbwell and Dorothy Drummond are two portfolio managers with Neptune Funds. Cristine is managing the personal trust fund of Paul Roker, who created the fund as an income support for his wife and a legacy for his two sons after his wife's death. Dorothy is in charge of a fund created by Katey Koric.
Katey had started this fund as a long-term investment but recently decided to shift the asset mix toward municipal and high-income bonds. Her friend pointed out a great investment opportunity in the newly issued, high-yield-high-income Orange County bonds and Katey instructed Dorothy to sell off a large chunk of the stock holdings in the fund and reinvest in the Orange County bonds. Dorothy spoke to Christine about this and they both agreed that the bonds were an excellent buy. Dorothy carried out Katey's instructions and Christine decided that Paul's portfolio would be better off if she sold some of the small cap stocks and bought the bonds and followed Dorothy's suit.
I. Dorothy has violated Standard IV (B.1) - Fiduciary Duties by not discussing the issues further with Katey.
II. Christine has violated Standard IV (B.1) - Fiduciary Duties by tilting the portfolio mix toward high-income instruments.
III. Katey has violated Standard V (A) - Prohibition Against Use Of Non-Public Information.
A. I, II and III
B. I only
C. I and II only
D. II only
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Christine, as a manager of a personal trust, has to balance the interests of the income beneficiaries and the remaindermen who need capital appreciation. By tilting the asset mix toward high-income bonds, Christine has violated her fiduciary duties toward Paul Roker's sons by effectively transferring some of their wealth to their mother. On the other hand, Dorothy has violated no such duty since she in charge of an advisory account. The account belongs to Katey alone and she is free to instruct Dorothy to change investments as she pleases. Finally, the Orange County bonds have already been issued and there is no misuse of any inside information so Katey cannot be accused of insider trading. Standard IV (B.1) - Fiduciary Duties

NEW QUESTION: 3
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You have a Hyper-V host named Server1 that hosts a virtual machine named VM1. Server1 and VM1 run Windows Server 2016.
The settings for VM1 are configured as shown in the exhibit. (Click the Exhibit button.)

You need to ensure that you can use the Copy-VMFile cmdlet on Server1 to copy files from VM1.
Solution: You connect VM1 to an internal virtual switch.
Does this meet the goal?
A. Yes
B. No
Answer: B


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