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Exam Code: CPPM_D

Exam Name: ASQF Certified Professional for Project Management Foundation Level

Certification Provider: ISQI

Related Certification: ASQF Certified Professional for Project Management Foundation Level

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NEW QUESTION: 1
Your client has recently heard about "principal-protected funds" and has asked your ad vice. You should tell her that:
I. the majority of principal-protected funds guarantee the investor's initial investment, less any front-end load, even if the stock market falls.
II. it would not be a good investment if she thinks she will need the money within the next five to ten years.
III. it will beat the returns she could earn on an S&P 500 Index fund in most years.
IV. if she sells her shares at any time other than the maturity date specified, she could lose money if the price per share has fallen.
A. I only
B. I, II, and IV only
C. I and III only
D. I and II only
Answer: B
Explanation:
Explanation/Reference:
Explanation: Only Statements I, II and IV are true. You can legitimately tell your client that the majority of principal-protected funds guarantee the investor's initial investment, less any front -end load, even if the stock market falls (i.e. Selection I), but that there is a lock-up period involved. Therefore, it would not be a good investment if she thinks she will need the money within the next five to ten years (Selection II) because the principal guarantee will likely be voided, and she might be subject to a penalty for early withdrawal. You should also warn her that if she sells her shares at any time other than the maturity date specified, she could lose money if the price per share has fallen (Selection IV) since the guarantee is only valid on the maturity date of the fund in most instances. You should not tell her that the returns on a principal-protected fund will beat the returns she could earn on an S&P 500 Index fund in most years (Selection III). Although this may happen in a bear market year, it will definitely not be true during bull markets.

NEW QUESTION: 2
View the Exhibit and examine the RMAN commands.

Which statement describes the effect of a backup retention policy on the backup of a backup set?
A. All the copies of the backup set are counted as one instance of a backup and will deleted in backup setexceeds the redundancy-based backup retention policy.
B. The copies of the backup will be reported as obsolete under a redundancy-based backup retention policy.
C. Either all the copies of a backup set are obsolete or none of them are as per the retention policy.
D. The copies of the backup will be reported as obsolete under a recovery window-based backup retentionpolicy.
Answer: C


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