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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
View the Exhibit.
You want to reuse the code in this Application Engine program by making it available to other Application Engine programs.
What must you do to use the program as a repository for PeopleSoft Application Engine sections?

A. Include at least one Call Section action.
B. Select the Application Library check box on the Advanced tabbed page of the PeopleSoft Application Engine Properties dialog.
C. Use the suffix LIB in the program name.
D. Set Access to Public for at least one section.
E. Delete the MAIN section.
F. Rename the MAIN section.
Answer: D

NEW QUESTION: 2
The following commands are issued on a Cisco Router:
Router(configuration)#access-list 199 permit tcp host 10.1.1.1 host
172.16.1.1
Router(configuration)#access-list 199 permit tcp host 172.16.1.1 host
10.1.1.1
Router(configuration)#exit
Router#debug ip packet 199
What will the debug output on the console show?
A. All IP Packets between 10.1.1.1 and 172.16.1.1
B. All IP packets passing through the router
C. Only IP packets with the source address of 10.1.1.1
D. All IP packets from 10.1.1.1 to 172.16.1.1
Answer: A
Explanation:
In this example, the "debug ip packet" command is tied to access list 199, specifying which IP packets should be debugged. Access list 199 contains two lines, one going from the host with IP address 10.1.1.1 to 172.16.1.1 and the other specifying all TCP packets from host 172.16.1.1 to
10.1.1.1.

NEW QUESTION: 3
Jack and Jill are a newly married couple in their mid-20s. They are determined to retire by the time they are 50 and have arranged a meeting with a representative of Professional Investment Advisers to structure a financial plan that will allow them to achieve this goal.
The representative, Mr. Hill, advises them to invest at least 60% of their money in bond funds to minimize the risk of loss on the way to their goal. Mr. Hill has
A. made an unsuitable recommendation for these clients and is subject to license suspension or revocation.
B. has committed fraud in promoting their delusion that they can possibly expect to retire by the time they turn 50, regardless of their investment strategy.
C. advised Jack and Jill well with a conservative allocation of their money to preserve principal.
D. committed fraud in indicating that bonds are less risky than stocks.
Answer: A
Explanation:
Explanation/Reference:
Explanation: Mr. Hill has made an unsuitable recommendation in recommending a 60% investment in bonds to clients in their mid-20s with an investment goal of early retirement, and his license can be suspended or revoked because of this. Bonds do not generate the returns that stocks do, and Jack and Jill are unlikely to be able to retire by the time they are 50 with such a high percentage invested in bonds.
Given their investment time horizon, they can invest in growth and aggressive growth stocks, which offer significantly higher returns and will advance them toward their goal, since they can ride the waves of the up and down markets. This, of course, assumes that they are risk-tolerant enough to do so. There has been no fraud since a couple in their mid-20s can retire by the time they turn 50 if they have reasonably well- paying jobs, are frugal, and invest wisely.

NEW QUESTION: 4
As a part of Startegy-Recruitment fit, recruiting emphasizes more on advertising job postings than maintaining and
leveraging relationships.
A. False
B. True
Answer: A


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