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Vendor: CIPS

Exam Code: L4M3 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
First National Bank sold several of its mortgage loans to individual investors and now services the loans for the individuals. First National Bank collects more than $600 on most of these mortgages and deposits the money into the account of the investors. At the end of each year, First National Bank sends the investors a summary of transactions on the mortgages and a detailed breakdown of the principal and interest payments made. Who is responsible for filing the mortgage interest information returns?
A. First National Bank, because it collects the interest and has the information necessary to file the information return
B. The investors, because they own the loans and the money is collected for them
C. First National Bank, because it was the first owner of the loans
D. The investors, because they have the necessary information from the servicer
Answer: A

NEW QUESTION: 2


Answer:
Explanation:

Explanation


NEW QUESTION: 3
What happens when you specify a Preferred Primary Adapter in Windows 2000 for an AFT NIC team?
A. You specify the desired card for all incoming traffic for the team. The other members will still transmit outgoing packets.
B. You specify which adaptor will take the load until it is saturated, then the other members will start accepting packets until the Preferred Primary is just below the saturation point.
C. You specify which adaptor will take the entire load. The other NICs will be used only when the Preferred Primary fails.
D. You specify the desired card for all outgoing traffic for the team. The other members will still accept incoming packets.
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 4
Avaya Aura Web Gateway (AAWG) requires a dedicated Avaya Aura Media Server (AAMS).
How does AAWG get associated with an AAMS?
A. AAMS IP/FQDN address is configured under Trusted Servers in AAWG web GUI.
B. AAWG IP/FQDN is configured under Trusted Servers in AAMS web GUI.
C. AAMS FQDN is discovered by AAWG via DNS and the AADS Dynamic Discovery process.
D. AAMS is assigned a location in System Manager, and the same location is assigned to the AAWG in AAWG web GUI.
Answer: D


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