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NEW QUESTION: 1
A. Option B
B. Option C
C. Option A
D. Option D
Answer: B
NEW QUESTION: 2
Which feature of Terraform allows multiple state files for a single configuration file depending upon the environment?
A. Terraform Workspaces
B. Terraform Enterprise
C. Terraform Remote Backends
D. Terraform Modules
Answer: A
NEW QUESTION: 3
Who does allow you to you to use microservices to customize the standard functions of SAP Commerce Cloud without compromising on upgradability ?
A. Tab Layout Widget
B. Processes Widget
C. Extension Factory
D. Solr Facet Chart Widget
Answer: C
NEW QUESTION: 4
Which of the following is/are true about corporate pension plans?
I. The plan manager owes a fiduciary duty to the plan sponsor.
II. The plan manager is held to the "Prudent Man Rule."
III. The plan manager is restricted by a legal list of statutes which limit investments to a specified set of securities.
A. II only
B. I and II only
C. none of them
D. II and III only
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Corporate pension plan managers are governed by ERISA (Employee Retirement Security Act, 1974).
Under this, fiduciaries are held to the "Prudent Expert Rule" and are expected to conduct investments using appropriate analysis and expertise. They owe fiduciary loyalty solely to the plan beneficiaries and not to the plan sponsor or any other party whom may be involved. ERISA allows the plan manager to consider investments in a portfolio context rather than on an individual basis. Thus, it provides far more latitude and is much more sensible than the old rules that relied on legal lists of securities for investments. Standard IV (B.1) - Fiduciary Duties - and the Topical Study "Fiduciary Duty."
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ARC-101 Exam Info
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