Get NMLS Supporting Mortgage Loan Origination (SAFE MLO) Exam Exam Questions as PDF & Practice Exam
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NEW QUESTION: 1
What are the valid types of one time password generator?
A. Asynchronous/PIN asynchronous
B. Transaction synchronous
C. Synchronous/PIN synchronous
D. All of the choices.
Answer: D
Explanation:
One-time Passwords are changed after every use. Handheld password generator (tokens) 3 basic types: Synchronous/PIN synchronous, Transaction synchronous, Asynchronous/PIN asynchronous.
NEW QUESTION: 2
Which source systems require dedicated staging tables on SAP Landscape Transformation? Note: There are 3 correct answers to this question.
A. Non SAP ERP system
B. SAP Business One
C. SAP ECC 6.0 on non-SAP HANA database
D. SAP ECC 6.0 on SAP HANA
E. SAP Business by Design
Answer: A,B,E
NEW QUESTION: 3
Welcher der folgenden Punkte steht üblicherweise auf der Tagesordnung eines Change Advisory Board (CAB)?
1. Details zu fehlgeschlagenen Änderungen
2.Updates zum Änderungsplan
3.Überprüfungen abgeschlossener Änderungen
A. Nur 1 und 2
B. Alle oben genannten
C. nur 2 und 3
D. nur 1 und 3
Answer: B
NEW QUESTION: 4
Your project will require use of a high pressure punch press for four months. You can rent the press for $10,000 payable at the end of each month. You may also choose to make a lump sum payment on the day the press is delivered. Using a discount rate of 1% per month, the maximum lump sum payment you should choose to make is:
A. $39,000
B. $39,250
C. $38,000
D. $38,500
Answer: A
Explanation:
Present value [PV=FV/(1+i)n] of at the beginning of the first month for all $10,000 paid at the end of months for four months, will be $39,019.66 which is just greater than $39,000 (or C) the maximum lump sum amount payable.
Reference: Project Management: A Systems Approach to Planning, Scheduling and controlling, 6th Edition p.762
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