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ACSP 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 TS4300 and a remote TS4300
B. IBM Spectrum Protect for Workstations
C. IBM Storwize V7000 and Global Mirror to a remote IBM Storwize V7000
D. IBM Cloud Object Storage
Answer: B
NEW QUESTION: 2
What information can be found in the db2cli.log?
A. information about missing indexes
B. information about IBM DB2 configuration failures
C. information about any SQL errors generated during LDAP operations
D. information about slow running queries
Answer: C
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. I only
B. II only
C. I, II, and III
D. I and II only
Answer: B
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. Cash compensation
B. Satisfaction from challenging and exciting assignments
C. On-site cafeteria
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
ACSP FAQ
Q: What should I expect from studying the ACSP Practice Questions?
A: You will be able to get a first hand feeling on how the ACSP exam will go. This will enable you to decide if you can go for the real exam and allow you to see what areas you need to focus.
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A: No one can guarantee you will pass, this is only up to you. We provide you with the most updated study materials to facilitate your success but at the end of the of it all, you have to pass the exam.
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A: We recommend the ACSP Premium especially if you are new to our website. Our ACSP Premium Questions have a higher quality and are ready to use right from the start. We are not saying ACSP Free Questions aren’t good but the quality can vary a lot since this are user creations.
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ACSP Exam Info
In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the ACSP Exam.
ACSP Exam Topics
Review the ACSP especially if you are on a recertification. Make sure you are still on the same page with what HP wants from you.
ACSP Offcial Page
Review the official page for the ACSP Offcial if you haven’t done it already.
Check what resources you have available for studying.
Schedule the ACSP Exam
Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.