Exam Code: Life-Producer
Exam Name: Maryland Life Producer Exam (Series 20-27)
Version: V13.25
Q & A: 72 Questions and Answers
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NEW QUESTION: 1
2010- Planning standard states that:
A. The external audit activity's plan of engagements should be based on a productivity assessment, undertaken at least annually.
B. The internal audit activity's plan of engagements should be based on a risk assessment, undertaken at least annually.
C. The internal audit activity's project of engagements should be based on a change assessment, undertaken at least annually.
D. The external audit activity's plan of engagements should be based on a process assessment, undertaken periodically.
Answer: B
NEW QUESTION: 2
Which one of the following messages tells the deployment professional that a business module named yApp?has deployed successfully and isWhich one of the following messages tells the deployment professional that a business module named ?yApp?has deployed successfully and is running?
A. ADMA7021I: Distribution of application MyAppApp completed successfully.
B. CWSCA3009I: The SCA module "MyAppApp" is starting.
C. WSVR0200I: Starting application: MyAppApp
D. WSVR0221I: Application started: MyAppApp
Answer: D
NEW QUESTION: 3
Advantages of writing checks locally on a centralized disbursing bank include all of the following EXCEPT which statement?
A. It reduces idle balances.
B. It decreases administrative costs.
C. It minimizes the number of banks.
D. It provides opportunity for volume discounts on bank charges.
Answer: B
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