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NEW QUESTION: 1
Under the terms of the 1970 Securities Investor Protection Act, what is the status of a customer whose
account assets exceed SIPC insurance coverage when his broker/dealer becomes insolvent?
A. SIPC will issue a debenture to guarantee eventual repayment of the deficiency
B. the customer becomes a general creditor of the insolvent firm for the amount of deficiency
C. all broker/dealers are assessed to fully satisfy the deficiency
D. the US Treasury is pledged to make up the deficiency
Answer: B
Explanation:
the customer becomes a general creditor of the insolvent firm for the amount of deficiency.
After the SIPC coverage is exhausted, the customer becomes a general creditor. Due to the insolvency of
the broker/dealer, there is no likelihood of the customer receiving restitution.

NEW QUESTION: 2
The company you advise wants to control the availability check in so that when a production and/or process order is created, the following receipts or issues are taken into account: planned orders, purchase orders, production orders, reservations, dependent requirements. When the production and/or process order is released, only the stock that is currently freely usable should be taken into consideration. How can you fulfill this request?
A. Enter an appropriate availability checking group in the material master.
B. Enter an appropriate availability checking rule in the order type.
C. Activate the freely usable stock in the scope of check.
D. Differentiated assignment of two different checking rules in check control.
Answer: D

NEW QUESTION: 3
You want to make sure that all data accesses to a specific view will be logged in the audit trail. As part of an update of the database schema, the view is dropped and recreated under the same name.
What is the consequence for auditing?
A. The audit policy needs to be reactivated.
B. Auditing continues to work for the view.
C. Auditing needs to be set up again for the recreated view.
D. The audit log-object references must be reinitialized.
Answer: B