CIPS L5M8 Q&A - in .pdf

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  • Exam Code: L5M8
  • Exam Name: Project and Change Management
  • PDF Version: V19.35
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NEW QUESTION: 1
Bank XYZ calls you for a quote in EUR/USD for EUR 50,000,000.00. If you decide to quote, which of the following is true?
A. You may quote without stating the amount you are prepared to deal.
B. You are only committed to deal in a marketable amount.
C. You must be prepared to deal for more than EUR 50,000,000.00 in case Bank XYZ wishes to.
D. You must be prepared to deal EUR 50,000,000.00.
Answer: D

NEW QUESTION: 2
Tyrone is working on the branding of the company's Registration application, and he needs to add the company logo to each form.
How can he do this and minimize potential future maintenance if the logo changes?
A. Add the logo from the Resources - Style Sheets area.
B. Add a computed link to the logo in each form.
C. Add the logo from the Resources - Images area.
D. Add the logo from the Resources - Files area.
Answer: C

NEW QUESTION: 3
You have an Exchange Server 2016 organization. The organization contains three Mailbox servers. The servers are configured as shown in the following table.

You have distribution group named Group1. Group1 contains three members. The members are configured as shown in the following table.

You discover that when User1 sends email messages to Group1, all of the messages are delivered to EX02 first.
You need to identify why the email messages sent to Group1 are sent to EX02 instead.
What should you identify?
A. Site2 has universal group membership caching enabled.
B. EX02 is configured as an expansion server.
C. The arbitration mailbox is hosted on EX02.
D. Site2 is configured as a hub site.
Answer: B
Explanation:
Explanation/Reference:
References:
https://technet.microsoft.com/en-us/library/aa998825(v=exchg.150).aspx

NEW QUESTION: 4
Switch Advisory is a small investment adviser partnership registered in a single state. A larger investment
adviser firm, Bait Investment Adviser, is registered in the same state as well as two other states. Bait has
offered to buy out three of Switch's partners who want to retire. This will give Bait a 60% ownership in
Switch Advisory. Which of the following statements are true?
I. Switch Advisory must obtain the approval of its clients before the partners can sell their interests to Bait.
II. Switch Advisory must notify the state Administrator of this event.
III. Switch Advisory must notify their clients of this event, but does not need the clients' approval.
IV. Switch Advisory must notify the SEC of this event.
A. I and II only
B. I only
C. I, II, and IV only
D. II, III, and IV only
Answer: A
Explanation:
Only Selections I and II are true. Switch must obtain the approval of its clients before the
partners can sell their interests, and Switch must notify the state Administrator of this event. Whenever a
change in partnership will result in new ownership of the business, which is the case when an external
entity acquires a 60% interest, an investment adviser must get its clients' approval. As a state-registered
investment adviser, Switch also needs to notify the state Administrator. The SEC does not require
notification since Switch is not a federal covered investment adviser.

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