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Exam Code: CTPRP
Exam Name: Certified Third-Party Risk Professional (CTPRP)
Vendor: Shared Assessments

60 Questions & Answers
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NEW QUESTION: 1
If the exchange rate has changed from 1 local currency unit LCU) to 5 foreign currency units FCUs) to a rate of 1 LCU to 5.5 FCUs,
A. The FCU has depreciated by 20%.
B. The LCU has depreciated by 10%.
C. The FCU has appreciated by 20%.
D. The LCU has appreciated by 10%.
Answer: D
Explanation:
If the exchange rate changes from 1 LCU to 5 FCUs to 1 LCU to 5.5 FCUs, the LCU has appreciated by 10% [(5.5 - 5) 5].

NEW QUESTION: 2

A. Option B
B. Option A
C. Option C
D. Option D
Answer: B

NEW QUESTION: 3

A. Option A
B. Option E
C. Option D
D. Option C
E. Option B
Answer: D,E
Explanation:
Explanation
B: With Container Engine, Google will automatically deploy your cluster for you, update, patch, secure the nodes.
Kubernetes Engine's cluster autoscaler automatically resizes clusters based on the demands of the workloads you want to run.
C: Solutions like Datastore, BigQuery, AppEngine, etc are truly NoOps.
App Engine by default scales the number of instances running up and down to match the load, thus providing consistent performance for your app at all times while minimizing idle instances and thus reducing cost.
Note: At a high level, NoOps means that there is no infrastructure to build out and manage during usage of the platform. Typically, the compromise you make with NoOps is that you lose control of the underlying infrastructure.
References:
https://www.quora.com/How-well-does-Google-Container-Engine-support-Google-Cloud-Platform%E2%80%99

NEW QUESTION: 4
The Bubba Insurance Company is not incorporated. It consists of Bubba and his two brothers as general partners, who maintain an active securities account in the name of the company. If one of the partners should suddenly die, what course of actions should be undertaken by the registered representative at the brokerage?
A. distribute the assets in the account to the surviving partners
B. freeze the account from further activity until a death certificate and new partnership agreement are furnished to the brokerage
C. execute sell orders but do not accept buy orders or distribute assets from the account until a new partnership agreement is provided to the brokerage
D. no special action is required because the death of a single partner does not terminate the partnership agreement
Answer: C
Explanation:
Explanation/Reference:
Explanation: execute sell orders but do not accept buy orders or distribute assets from the account until a new partnership agreement is provided to the brokerage. Sell orders may be accepted but not buy orders or distributions.


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