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Exam Code: L5M2
Exam Name: Managing Supply Chain Risk
Vendor: CIPS

60 Questions & Answers
Verified by IT Certification Professionals

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NEW QUESTION: 1
Eddie and Edith open a JTWROS account with you. This means that:
I. You can accept a buy or sell order from either Eddie or Edith.
II. Any check that is drafted upon a request to withdraw funds can be written to either Eddie or Edith, or both.
III. If either Eddie or Edith die, the account assets will pass to that individual's estate, based on his or her percentage ownership of the account.
IV. Correspondence concerning the account can be sent to either Eddie or Edith.
A. I and IV only
B. I and II only
C. I, II, III, and IV
D. I only
Answer: A
Explanation:
Explanation/Reference:
Explanation: Only Selections I and IV are true statements. If Eddie and Edith open a JTWROS account with you, you can accept a buy or sell order from either one of them, and any correspondence concerning the account can be sent to either one of them. However, a check must be made out to both of them, in the same manner that the account is titled. A JTWROS account is a "joint tenants with rights of survivorship" account, which means that if either Eddie or Edith die, the account assets pass directly to the other one and do not go into the deceased's estate.

NEW QUESTION: 2
Welche der folgenden Aussagen erklärt, warum es wichtig ist, personenbezogene Daten (PII) zu sichern?
A. Vertrauliche Informationen, wie z. B. Firmenkennwörter, werden nicht gestohlen.
B. Es werden also keine Phishing-Angriffe gegen Mitarbeiter der Organisation gestartet.
C. Vertrauliche Informationen wie Sozialversicherungsnummern werden nicht gestohlen.
D. Es werden also keine Man-in-the-Middle-Angriffe gegen die Organisation gestartet.
Answer: C

NEW QUESTION: 3



A. 10.1.1.2
B. 172.16.5.1
C. 192.168.5.3
D. 10.154.154.1
Answer: B
Explanation:
Explanation The highest IP address of all loopback interfaces will be chosen -> Loopback 0 will be chosen as the router ID.

NEW QUESTION: 4
An employee of an insurance company processed a fraudulent policy loan application for an amount less than the established level requiring supervisory review. The employee then obtained the cheque and cashed it by forging the endorsement. To prevent the loan's appearance on a subsequent policyholder statement, the loan amount was transferred to a "suspense" account. Which of the following should expose this situation at the earliest date?
A. An annual internal audit.
B. A computer report identifying unusual entries to the suspense account.
C. Regular reconciliation of the "suspense" account performed by an independent employee.
D. The use of pre-numbered checks which are periodically accounted for.
Answer: B


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