ACP-01101 Practice Questions

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NEW QUESTION: 1
A customer wants to backup its Veritas environment via S3 protocol. The customer also needs a copy of that data available offsite at its remote disaster recovery site.
Which IBM solution should the sales specialist recommend?
A. IBM Spectrum Protect for Workstations
B. IBM Storwize V7000 and Global Mirror to a remote IBM Storwize V7000
C. IBM TS4300 and a remote TS4300
D. IBM Cloud Object Storage
Answer: A

NEW QUESTION: 2
What information can be found in the db2cli.log?
A. information about slow running queries
B. information about any SQL errors generated during LDAP operations
C. information about missing indexes
D. information about IBM DB2 configuration failures
Answer: B

NEW QUESTION: 3
Which of the following statements about 1035 exchanges are true?
I. A 1035 exchange refers to the exchange of all of the shares owned in one mutual fund for shares of another mutual fund in the same family of funds.
II. A 1035 exchange refers to the exchange of one variable annuity contract for another variable annuity contract without the need to pay tax on any of the income or capital appreciation associated with the original contract.
III. A 1035 exchange refers to the exchange of a variable annuity contract for a whole life insurance policy offered by the same company with no tax consequences to the transaction.
A. II only
B. I and II only
C. I, II, and III
D. I only
Answer: A
Explanation:
Explanation/Reference:
Explanation: Only Selection II is true regarding 1035 exchanges. A 1035 exchange refers to the exchange of one variable annuity contract for another variable annuity contract without the need to pay tax on any of the income or capital appreciation associated with the original contract. This does not refer to the exchange of one mutual fund for another, which is a taxable event; nor does the 1035 exchange involve exchanging a variable annuity for a life insurance policy.

NEW QUESTION: 4
As a Senior HR Professional, you should be familiar with intrinsic rewards and extrinsic rewards that your company provides for its employees. Which of the following is an example of an extrinsic reward?
A. Satisfaction from challenging and exciting assignments
B. On-site cafeteria
C. Cash compensation
D. Esteem from working with other talented people
Answer: D
Explanation:
Explanation/Reference:
Answer option C is correct.
Esteem from working with other talented people is an extrinsic reward.
Answer option A is incorrect. Satisfaction from challenging and exciting assignments is an example of an intrinsic reward.
Answer option B is incorrect. Cash compensation is a monetary reward for employment.
Answer option D is incorrect. An on-site cafeteria is an example of a non-monetary reward.
Reference: Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter Six: Total Rewards. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN:
978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Compensation and Benefits
Objective: Total Rewards Defined