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Exam Code: Financial-Services-Cloud
Exam Name: Salesforce Financial Services Cloud (FSC) Accredited Professional
Vendor: Salesforce

60 Questions & Answers
Verified by IT Certification Professionals

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NEW QUESTION: 1
When an originator QoS STA initiates a BlockAck agreement with a recipient QoS STA, what is the first frame sent by the originator?
A. BlockAckPolicyReq
B. BlockAckReq
C. ADDBA Request
D. BlockAckSetupReq
E. ActionBAReq
Answer: C

NEW QUESTION: 2
Which of the following is NOT a remote computing technology?
A. PGP
B. Wireless
C. xDSL
D. ISDN
Answer: A
Explanation:
The correct answer is PGP. PGP stands for Pretty Good Privacy, an email encryption technology.

NEW QUESTION: 3
Reviewing counterparties for creditworthiness and obtaining master trade agreements and credit approval for counterparties before entering into a repurchase or reverse repurchase agreement Obtaining collateral from the counterparty Marking to market all collateral daily; if a deficit (within established guidelines) exists, additional collateral may be obtained from the counterparty Reconciling the repurchase and reverse repurchase subsidiary ledgers to the stock record and general ledger daily. Out-of-balances are recorded as suspense items and researched immediately These are actually:
A. None of these
B. Review activities where broker-dealer -dealers finance proprietary or customer activitythrough collateralized bank
C. Auditors should be aware of the following control and monitoring activities typicallyassociated with securities lending
D. Control and monitoring activities related to purchase and reverse purchase agreement
Answer: D


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