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Exam Code: MLO
Exam Name: Mortgage Loan Origination (SAFE MLO) Exam
Vendor: NMLS

60 Questions & Answers
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NEW QUESTION: 1
If several banks hit a broker simultaneously for an amount greater than the amount for which the price was shown:
A. no transaction is done
B. the broker may freely choose the bank(s) he will deal with
C. the broker has to honor each and every amount hit
D. the broker has to split the amount among the banks on a pro rata basis
Answer: D

NEW QUESTION: 2
Which of the following statements would be seen in a Disaster Recovery Plan?
A. "The Emergency Response Plan should be executed in the case of any physical disaster listed on page 3."
B. "Instructions for notification of the media can be found in Appendix A"
C. "After arriving at the alternate site, utilize the server build checklist to rebuild all servers on the server rebuild list."
D. "The target for restoration of business operations is 72 hours from the declaration of disaster."
Answer: C

NEW QUESTION: 3
Which of the following should be emphasized during the Business Impact Analysis (BIA) considering that the BIA focus is on business processes?
A. Priorities
B. Composition
C. Dependencies
D. Service levels
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Data points obtained as part of the BIA information gathering process will be used later during analysis. It is important that the team members ask about how different tasks-whether processes, transactions, or services, along with any relevant dependencies-get accomplished within the organization.
Incorrect Answers:
A: To determine the dependencies, not the composition, between the business processes is an import step of the BIA process.
B: To determine the dependencies, not the priorities, between the business processes is an import step of the BIA process.
D: To determine the service levels, not the priorities, between the business processes is an import step of the BIA process.
References:
Harris, Shon, All In One CISSP Exam Guide, 6th Edition, McGraw-Hill, 2013, p. 905

NEW QUESTION: 4
セキュリティ会社とサービスプロバイダーが合併し、CEOは、新しく設立された会社のために1つの包括的なセキュリティポリシーのセットを作成するように要求しました。 IS監査人の最善の推奨事項は次のとおりです。
A. 業界標準のセキュリティポリシーを採用する
B. サービスプロバイダーのポリシーを実装する
C. ポリシーギャップ評価を実施する
D. セキュリティ会社のポリシーを実装します。
Answer: C


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