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Global Commercial Strategy
- Exam Number/Code : L6M2
- Exam Name : Global Commercial Strategy
- Questions and Answers : 213 Q&As
- Update Time: 2019-01-10
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NEW QUESTION: 1
You are an investment adviser representative. Your client, Mr I M Pulse, calls you with what he thinks is exciting news. He just passed a restaurant and saw Microsoft's Bill Gates having lunch with a local entrepreneur who owns a small firm in the computer software industry that trades on the OTC pink sheets.
He is sure that this means Microsoft is negotiating a purchase of the smaller company and instructs you to take the cash balance in his account and buy shares of the local company. You should
A. do both A and B
B. advise Mr Pulse that he may be jumping the gun, but place the order if he insists.
C. tell Mr I M Pulse that this would be an illegal insider trade and that you are unable to fulfill his request.
D. call your supervisor and alert him immediately of Mr Pulse's attempt to have you place an illegal order on his behalf in case Mr. Pulse decides to place the order elsewhere.
Answer: B
Explanation:
Explanation/Reference:
Explanation: If Mr. Pulse wants you to place an order to buy a firm that he thinks will become a target of Microsoft based on seeing Bill Gates and the owner of the firm dining together, you should, as his adviser, inform him that he may be jumping the gun and drawing a false conclusion, but you should place the order if he continues to insist. It is a legitimate order, and you are obligated to follow his instructions. It does not constitute illegal insider trading because Mr. Pulse has no way of knowing what the two men were talking about. They may just be old high school buddies catching up on the news.
NEW QUESTION: 2
A. Option C
B. Option D
C. Option B
D. Option A
Answer: D
NEW QUESTION: 3
A. Option C
B. Option A
C. Option B
D. Option D
Answer: D
Explanation:
Reference:http://www.vmware.com/files/pdf/vmw-vsphr-5-1-stor-drs-uslet-101-web.pdf(page 5, first para)
NEW QUESTION: 4
Which one of the following factors is NOT one on which Authentication is based?
A. Type 4 Something you are, such as a system administrator or security administrator
B. Type 1 Something you know, such as a PIN or password
C. Type 2 Something you have, such as an ATM card or smart card
D. Type 3 Something you are (based upon one or more intrinsic physical or behavioral traits), such as a fingerprint or retina scan
Answer: A
Explanation:
Authentication is based on the following three factor types:
Type 1. Something you know, such as a PIN or password
Type 2. Something you have, such as an ATM card or smart card
Type 3. Something you are (Unique physical characteristic), such as a fingerprint or retina scan
Source: KRUTZ, Ronald L. & VINES, Russel D., The CISSP Prep Guide: Mastering the Ten
Domains of Computer Security, 2001, John Wiley & Sons, Page 36.
Also: HARRIS, Shon, All-In-One CISSP Certification Exam Guide, McGraw-Hill/Osborne, 2002,
chapter 4: Access Control (pages 132-133).