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NEW QUESTION: 1
When is it permissible for a bank that is a government securities broker or dealer to refrain from filing a Form G-FIN-5 or a Form MSD-5 when an employee terminates the associated person status?
A. When the employee files the form
B. When the employee's status is reinstated within six months
C. When the bank does not have all the necessary information and notifies its regulatory agency
D. When the employee remains employed by the bank and the bank notifies its regulatory agency
Answer: D
NEW QUESTION: 2
Which of the following statement about ONT tcont is not correct?
A. a ONU/ONT may contain more than one T-CONT
B. GEM port is used as business channel. A GEM port can carry one or more business to the flow
C. upstream bandwidth is divided based on the T-CONT, different businesses use different T-CONT
D. tcont 1 general bearer OMCI channel
Answer: D
NEW QUESTION: 3
Organizations should not view disaster recovery as which of the following?
A. Discretionary expense.
B. Compliance with regulations.
C. Enforcement of legal statutes.
D. Committed expense.
Answer: A
Explanation:
Disaster Recovery should never be considered a discretionary expense. It is far too important a task. In order to maintain the continuity of the business Disaster Recovery should be a commitment of and by the organization.
A discretionary fixed cost has a short future planning horizon-under a year. These types of costs arise from annual decisions of management to spend in specific fixed cost areas, such as marketing and research. DR would be an ongoing long term committment not a short term effort only.
A committed fixed cost has a long future planning horizon- more than on year. These types of costs relate to a company's investment in assets such as facilities and equipment. Once such costs have been incurred, the company is required to make future payments.
The following answers are incorrect:
committed expense. Is incorrect because Disaster Recovery should be a committed expense.
enforcement of legal statutes. Is incorrect because Disaster Recovery can include enforcement of legal statutes. Many organizations have legal requirements toward Disaster Recovery.
compliance with regulations. Is incorrect because Disaster Recovery often means compliance with regulations. Many financial institutions have regulations requiring Disaster Recovery Plans and Procedures.