CTFL18 Practice Questions

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CTFL18 Exam Dumps | Real CTFL18 Questions.

NEW QUESTION: 1

A. Option D
B. Option A
C. Option B
D. Option E
E. Option C
F. Option F
Answer: A,B,F

NEW QUESTION: 2
Which of the following is an example of multifactor authentication?
A. Credit card and PIN
B. Username and password
C. Fingerprint and retina scan
D. Password and PIN
Answer: A

NEW QUESTION: 3
Don is a state-registered agent with GetErDone Broker-Dealers. He has three other friends who are
licensed agents-Huey, Dewey, and Louie. Huey is also an agent with GetErDone Broker-Dealers. Dewey
is an agent with a different firm in the same city, CanDo Broker-Dealers. Louie works for a Broker-Dealer
with an office just across the state line. Don can enter a commission-splitting agreement with
A. Huey only.
B. either Huey or Dewey or both
C. Dewey only.
D. Either Huey, Dewey, or Louie or any combination of the three
Answer: A
Explanation:
Don can enter a commission-splitting agreement with Huey only since he is the only one who
is also working for GetErDone Broker-Dealers. It is considered unethical to split "commissions, profits or
other compensation. . .with any person not also registered as an agent for the same broker-dealer," under
NASAA Model Rules.

NEW QUESTION: 4
The need to manage data movement efficiently is a primary driver for Data Integration and Interoperability.
A. FALSE
B. TRUE
Answer: B