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Exam Code: Life-Producer
Exam Name: Maryland Life Producer Exam (Series 20-27)
Vendor: Maryland Insurance Administration

60 Questions & Answers
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NEW QUESTION: 1
Which of the following statements concerning prospective financial statements is correct?
A. Only a financial forecast would normally be appropriate for limited use.
B. Only a financial projection would normally be appropriate for general use.
C. Any type of prospective financial statements would normally be appropriate for general use.
D. Any type of prospective financial statements would normally be appropriate for limited use.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Any type of prospective financial statements (financial forecasts and financial
projections) would normally be appropriate for limited use.
Choice "A" is incorrect. Both financial forecasts and financial projections are appropriate for limited use.
Choice "B" is incorrect. Financial projections are appropriate for limited use only - not for general use.
Choice "D" is incorrect. Normally financial projections are not appropriate for general use, but financial
forecasts are.

NEW QUESTION: 2
Your database is running in noarchivelog mode. One of the data files belonging to the system tablespace is corrupted. You notice that all online redo logs have been overwritten since the last backup.
Which method would you use to recover the data file?
A. Shut down the instance if not already shut down, restore all data files belonging to the system tablespace from the last backup, and restart the instance.
B. Shut down the instance if not already shut down, restore the corrupted data file belonging to the system tablespace from the last backup, and restart the instance.
C. Shut down the instance if not already shut down, restore all data files for the entire database from the last backup, and restart the instance.
D. Mount the database, restore all data files belonging to the system tablespace from the last backup, and open the database.
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
An agile team is unable to complete all its planned sprint user stories, which results in a decrease of its planned sprint velocity. What should the team do?
A. Work with the product owner to create a spike with another agile team.
B. Re-estimate the sprint's completed stories to increase and adjust the sprint's velocity.
C. Increase the duration of the next sprint to accommodate the incomplete user stories and maintain velocity.
D. Re-estimate the incomplete stories for the next sprint because its relative size has changed.
Answer: B


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