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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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Who will make the decision to fund this project?
A. The CIO (chief information officer)
B. The CIO (chief financial officer)
C. The CIO (chief security officer)
D. The CIO (chief executive officer)
Answer: A

NEW QUESTION: 2
A project plan includes the Work Breakdown Structure (WBS) and cost estimates. Which of the following are the parts of a project plan?
Each correct answer represents a complete solution. Choose all that apply.
A. Risk analysis
B. Project schedule
C. Team members list
D. Risk identification
E. Security Threat
Answer: A,B,C,D

NEW QUESTION: 3
Which of the following describes an investment company?
A. market value of all its assets divided by shares outstanding
B. tracks the market price performance of a sample of U.S. mutual funds
C. all of these answers are correct
D. invests in a pool of funds belonging to many individuals in a portfolio of investments
E. provides complete investment advice to clients for a fee
Answer: D
Explanation:
Explanation/Reference:
Explanation:
For example, an investment company sells 20 million shares to individuals at $10 per share for a total of
$200 million. The manager then invests this money in securities (according to fund objectives). Each investor owns a percentage of the investment company's total portfolio.


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