CIPP-US Lead2pass Review - IAPP CIPP-US Exam Tutorials, Reliable CIPP-US Exam Blueprint - Sapsam

  • Exam Code: CIPP-US
  • Exam Name: Certified Information Privacy Professional/United States (CIPP/US)
  • Version: V15.35     Q & A: 208 Questions and Answers

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NEW QUESTION: 1
You need to separate security positions by valuation area, special valuation class, and securities account. Which customizing activity do you perform? 1
A. Define valuation areas.
B. Define position attributes.
C. Define security account groups.
D. Define and assign differentiations.
Answer: D

NEW QUESTION: 2
Which of the following statements is not true about covered calls on stocks
A. A covered call is a position that includes a long stock position combined with a short call
B. In the event of the prices of the underlying falling, the losses of the holder of the covered call are reduced to the extent of the premium earned
C. The holder of a covered call theoretically faces unlimited losses in the event of a rise in the price of the underlying
D. A covered call is intended to benefit from stock prices not rising
Answer: C
Explanation:
Explanation
A covered call is an attempt to earn premium income by selling calls while protecting against the downside by holding long the underlying. In case prices rise, the holder of the covered call can give away the held underlying. In case prices fall or stay below the strike price of the sold call, the holder of the covered call gets to keep the premium.
The holder of the covered call will suffer a loss if the price of the underlying declines due to the long position held in the underlying. However, these losses will be partly offset by the premiums earned on the calls sold.
Choice 'd' does not represent a correct statement as in the event of a rise in the price of the underlying the holder of the covered call will lose any upside, but will not have unlimited losses. In the event of a decline in stock prices, his losses will be equal to the loss on the underlying, minus the premium earned.

NEW QUESTION: 3
プロジェクトマネージャーは、キックオフミーティングの議題を計画します。最初の議題項目の1つとして。プロジェクトマネージャーは、プロジェクトの戦略的方向性を10に設定するよう警告しています。
誰がこのトピックを提示すべきですか?
A. プロジェクトスポンサー
B. プロジェクトマネージャー
C. 機能マネージャー
D. 顧客
Answer: A

NEW QUESTION: 4


A. Option C
B. Option B
C. Option A
D. Option D
Answer: A

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