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Exam Code: RePA_Sales_S
Exam Name: PA Salesperson State Exam
Vendor: Pennsylvania Real Estate Commission

60 Questions & Answers
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NEW QUESTION: 1
From the viewpoint of the investor, which of the following securities provides the east risk?
A. Subordinated debenture.
B. Mortgage bond.
C. Debentures.
D. Income bond.
Answer: B
Explanation:
A mortgage bond is secured with specific fixed assets, usually real property. Thus, under the rights enumerated in the bond indenture, creditors will be able to receive payments from liquidation of the property in case of default. In a bankruptcy proceeding, these amounts are paid before any transfers are made to other creditors, including those preferences. Hence, mortgage bonds are less risky than the others listed.

NEW QUESTION: 2

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

NEW QUESTION: 3
The Quality Assurance team is testing a third party application. They are primarily testing for defects and have some understanding of how the application works. Which of the following is the team performing?
A. Black box testing
B. Grey box testing
C. White box testing
D. Penetration testing
Answer: B

NEW QUESTION: 4
z / OS環境でシステムパフォーマンスを迅速に評価するには、どのような顧客レコードが必要ですか?
A. SCRTレコード
B. FICONチャネル統計を示すRMFレポート
C. SMFタイプ70および113レコード
D. ネットワークTCPレコード
Answer: C


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