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Exam Code: CIPP-US
Exam Name: Certified Information Privacy Professional/United States (CIPP/US)
Vendor: IAPP

60 Questions & Answers
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NEW QUESTION: 1
The options for securities that insurance entities own and can deliver if the options are exercised by the option buyers are called:
A. concealed transactions
B. covered-call options
C. safekeeping
D. financial servicing
Answer: B

NEW QUESTION: 2
Recent years have brought minority-owned businesses in the United States unprecedented
opportunities-as well as new and significant risks. Civil rights activists have long argued that one of the
principal reasons why Blacks, Hispanics and the other minority groups have difficulty establishing
themselves in business is that they lack access to the sizable orders and subcontracts that are generated
by large companies. Now congress, in apparent agreement, has required by law that businesses awarded
federal contracts of more than $500,000 do their best to find minority subcontractors and record their
efforts to do so on forms field with the government. Indeed, some federal and local agencies have gone
so far as to set specific percentage goals for apportioning parts of public works contracts to minority
enterprises.
Corporate response appears to have been substantial. According to figures collected in 1977, the total of
corporate contracts with minority business rose from $77 to $1.1 billion in 1977. The projected total of
corporate contracts with minority business for the early 1980's is estimated to be over $3 billion per year
with no letup anticipated in the next decade. Promising as it is for minority businesses, this increased
patronage poses dangers for them, too. First, minority firms risk expanding too fast and overextending
themselves financially, since most are small concerns and, unlike large businesses they often need to
make substantial investments in new plants, staff, equipment, and the like in order to perform work
subcontracted to them. If, thereafter, their subcontracts are for some reason reduced, such firms can face
potentially crippling fixed expenses. The world of corporate purchasing can be frustrating for small
entrepreneurs who get requests for elaborate formal estimates and bids. Both consume valuable time and
resources and a small company's efforts must soon result in orders, or both the morale and the financial
health of the business will suffer.
A second risk is that White-owned companies may-seek to cash inon the increasing apportion-ments
through formation of joint ventures with minority-owned concerns, of course, in many instances there are
legitimate reasons for joint ventures; clearly, white and minority enterprises can team up to acquire
business that neither could Third, a minority enterprise that secures the business of one large corporate
customer often runs the danger of becoming and remaining dependent. Even in the best of circumstances,
fierce competition from larger, more established companies makes it difficult for small concerns to
broaden their customer bases; when such firms have nearly guaranteed orders from a single corporate
benefactor, they may truly have to struggle against complacency arising from their current success.
The authors implied that the minority owned concern that does| the greater part of its business with one
large corporate customer should
A. uses its influence with the other corporation to promote subcontracting with other minority concerns.
B. concentrates on securing even more business from that corporation
C. pass on some of the work to be done for the corporation to other minority owned concerns.
D. try to expands its customers base to avoid becoming dependent on the corporation
E. avoid competition with the larger, more established concerns by not expanding
Answer: C

NEW QUESTION: 3
An administrator is reviewing performance of a core banking system that routinely has 20,000 concurrent users. During, business hours, the CPU on the applications servers runs at close to 100%. The administrator needs to determine if there is a performance issue specific to the app servers, the database servers, or all servers on the cluster.

Which metrics should the administrator review in Prism Analysis Graphs?
A. Cluster CPU and Memory Only
B. Cluster IO, CPU, Memory, Network, App Server CPU
C. Cluster IO, Network, Database and App Server CPU
D. Cluster IO, CPU, Memory and Database and App Server CPU
Answer: D


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