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Exam Code: L4M7
Exam Name: CIPS Whole Life Asset Management
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1
When a client purchases a variable contract through you, he should be informed that his money will be invested:
A. in a product with a guaranteed cash value.
B. at the next price that is computed after the contract application is accepted by the insurance company.
C. at the most recent price for which the contract sold.
D. at the previous day's close price for the contract.
Answer: B
Explanation:
Explanation/Reference:
Explanation: When a client purchases a variable contract, he should be informed that his money will be invested at the next price that is computed after the contract application is accepted by the insurance company. It is the responsibility of the member firm to transmit both the contract application and the payment to the insurance company promptly. Variable life insurance policies do not have guaranteed cash values. The cash value fluctuates with the performance of the underlying portfolio in which the insurance company invests the money.

NEW QUESTION: 2
A network architect is designing a solution with HP products. A customer has the following requirements for controlling the management access for administrators:
Administrators are assigned privileges when they log in based on their identity

Security policies related to password complexity and password rotation, like the company's Windows

domain policies, are enforced for administrator credentials
The company can easily revoke the access of administrator how have the company method

Administrator have a backdoor into the management interface in case network connectivity fails in any

way
Which option meets the company's requirements?
A. Authentication to a TACACS+ server
B. Authentication with a password that meets the complexity requirements and is stored locally on each device
C. Authentication to local user accounts with TACACS+ authenticates as a secondary method
D. Authentication to a RADIUS server with local authentication as a secondary method
Answer: D

NEW QUESTION: 3
This question requires that you evaluate the underlined text to determine if it is correct.
Use the ALLOW SELECT command to give a user permission to read the data in a table.
Instructions: Review the underlined text. If it makes the statement correct, select "No change is needed." If the statement is incorrect, select the answer choice that makes the statement correct
A. PERMIT READ
B. LET HEAD
C. GRANT SELECT
D. No change is needed
Answer: C


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