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NEW QUESTION: 1
Bubba has a cash account and fails to make full and prompt payment for a purchase. The broker liquidated the transaction. Two weeks later, Bubba places another buy order for 100 shares of XYZ.
What does the broker do?
A. executes the order at its own risk
B. handles the order after obtaining a promise from Bubba to effect prompt settlement
C. refuses the order
D. requires a 25% down payment before executing the order
Answer: C
Explanation:
Explanation/Reference:
Explanation: refuses the order. Reg T requires that under these circumstances the account must be frozen for 90 days. Any trade prior to that, requires cash in advance.
NEW QUESTION: 2
A VIMS volume cannot be mounted by multiple CNA nodes at the same time, so only the CNA node with VIMS mounted can access the files on the VIMS volume.
A. False
B. True
Answer: A
NEW QUESTION: 3
A program displays:
ERROR: this program has caught an exception and will now terminate.
Which of the following is MOST likely accomplished by the program's behavior?
A. User's confidentiality is maintained
B. Program's availability is maintained
C. Operating system's integrity is maintained
D. Operating system's scalability is maintained
Answer: C
Explanation:
The purpose of error handling is to maintain the security and integrity of the system. Integrity is compromised when unauthorized modification occurs.
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C-SAC-2302 Exam Topics
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C-SAC-2302 Offcial Page
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