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Exam Code: MLO
Exam Name: Mortgage Loan Origination (SAFE MLO) Exam
Vendor: NMLS

60 Questions & Answers
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NEW QUESTION: 1
Which phases are included in the Services Life Cycle? (Select two.)
A. Implementation
B. Design
C. Administration
D. Hardware Recycle
E. service improvement
Answer: B,E

NEW QUESTION: 2
A new install of Contact Center Multimedia (CCMM) is configured properly and is operational. The technician wants to perform a backup of the CCMM database. Which tool is used to perform the backup?
A. RefClient
B. High Availability
C. Database Maintenance utility
D. Data export utility
Answer: C

NEW QUESTION: 3
Which of the following best describes a balance sheet?
A. A balance sheet measures a company's financial performance over a specified period of time.
B. A balance sheet reports changes over a period of time in component accounts that comprise the ownership of a firm.
C. A balance sheet summarizes the financial position of a company at a given point in time.
D. None of these answers.
E. A balance sheet details the cash inflows and outflows that are related to a company's operating, investing, and financing activities over a period of time.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
A balance sheet provides a detailed listing of a company's assets, liabilities, and equity at a point in time.
This provides a glimpse at a company's financial condition.


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