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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 is a purpose of the risk management process guide?
A. Describe the specific risk management activities that will be performed on a particular organizational activity
B. Describe the steps required to improve the level of risk management within an organization
C. Explain how risk management practices will be implemented throughout an organization
D. Explain how the risk management steps will be carried out across the organization
Answer: D

NEW QUESTION: 2
Which of the following is the BEST method to identify unnecessary controls?
A. Monitoring existing key risk indicators (KRIs)
B. Evaluating the impact of removing existing controls
C. Reviewing system functionalities associated with business processes
D. Evaluating existing controls against audit requirements
Answer: B

NEW QUESTION: 3
Rational Development Studio for IBM i, includes modern and heritage compilers for IBM i development. Which compilers are most commonly used on IBM i for writing business applications?
A. Smalltalk and C++
B. GNU and .Net
C. Delphi and Lansa
D. RPG and COBOL
Answer: D


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