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NEW QUESTION: 1
Your client is trying to choose between a variable annuity and a fixed annuity. You can tell him that:
I. the fixed annuity will make guaranteed monthly payments, but has more purchasing power risk than a variable annuity.
II. he can expect higher monthly payments from his fixed annuity during a bear market than he would get from a variable annuity.
III. the earnings on both variable and fixed annuities grow tax-deferred.
A. I and III only
B. I and II only
C. I, II, and III
D. I only
Answer: A
Explanation:
Explanation/Reference:
Explanation: Only Statements I and III are accurate. When your client is trying to choose between a variable annuity and a fixed annuity, you can tell him that the fixed annuity will make guaranteed monthly payments, but has more purchasing power risk than a variable annuity, and that the earnings on both variable and fixed annuities grow tax-deferred. You cannot tell him that he can expect higher monthly payments from his fixed annuity during a bear market than he would get from a variable annuity. This will depend on various factors, such as the amount of the fixed annuity payment, the assumed interest rate, and the actual returns earned on the variable annuity investment portfolio.
NEW QUESTION: 2
When performing fiber synchronization, the network element does not create a fiber. What does it indicate?
A. Fiber connection only on the NE side.
B. Fiber connection exists only on the local network management side.
C. The fiber connection exists on both the network management side and the network element side.
D. Fiber connection that does not exist on the network management side and the NE side.
Answer: B
NEW QUESTION: 3
You develop a game engine that supports multiple operating systems.
Which three platforms place limits on the size of the game application? (Choose three.)
A. Windows Vista
B. windows Store
C. Xbox 360
D. Windows 7
E. Windows Phone 8
Answer: A,C,E
Explanation:
http://msdn.microsoft.com/enus/library/windows/apps/hh855082(v=vs.105).aspx
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CIFC Exam Info
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CIFC Exam Topics
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CIFC Offcial Page
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