Salesforce Financial-Services-Cloud Q&A - in .pdf

  • Financial-Services-Cloud pdf
  • Exam Code: Financial-Services-Cloud
  • Exam Name: Salesforce Financial Services Cloud (FSC) Accredited Professional
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Dinesh has opened his PPF account on 19/11/1999, Calculate the amount he can avail as the first withdrawal facility from the details below?

A. Rs 120536
B. Rs 274555.
C. Rs 115745
D. Rs 125897
Answer: A

NEW QUESTION: 2
Ms. Ears is an investment adviser representative. During lunch today, she overheard two men talking about a hostile takeover that their firm was preparing to undertake. Based on this information, Ms. Ears does not hesitate to advise the client she meets with immediately after lunch--Mrs. Clueless-- to invest a sum of money in the firm the men had named as the target firm. Ms. Ears remembers that the price of target firms, on average, increases significantly with an announcement of this sort, but she does not inform Mrs. Clueless of the reason underlying her recommendation.
Has there been any violation of insider trading laws in this scenario, as described?
A. No. The scenario does not suggest that Ms. Ears herself made any investment in the target firm, and Mrs. Clueless was not made aware of the basis for Ms. Ears' recommendation.
B. Yes. In making a recommendation based on information that was not publicly available, Ms. Ears has violated insider trading laws and is subject to both civil and criminal penalties.
C. No. Ms. Ears is not considered to be an insider of the company preparing the hostile takeover.
D. Yes. Both Ms. Ears and the two men have violated insider trading laws. The two men are prohibited from discussing such private information in a public setting, and Ms. Ears is prohibited from making a recommendation based on that information.
Answer: B
Explanation:
Explanation/Reference:
Explanation: Yes. In making a recommendation based on overhearing news of an upcoming hostile takeover--information that was not publicly available--Ms. Ears has violated insider trading laws and is subject to both civil and criminal penalties. The men, although guilty of indiscretion in their conversation, have not violated any securities' laws.

NEW QUESTION: 3
A cloud service provider is concerned about the security risks due to velocity-of-attack. What can the cloud service provider deploy to mitigate the impact of this attack?
A. Shredding data-at-rest
B. Role-based access control
C. Multi-factor authentication
D. Containment mechanisms
Answer: D

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