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Vendor: NMLS

Exam Code: MLO Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Which of the following statements is FALSE regarding the Continued Business Justification?
A. The justification for the project must remain the same throughout the project
B. The justification for the project should remain valid
C. The justification for the project may change
D. If the project is no longer justified it should be stopped
Answer: B

NEW QUESTION: 2
Your deploy Azure App Service Web Apps that connect to on-premises Microsoft SQL Server instances by
using Azure ExpressRoute You plan to migrate the SQL Server instances to Azure.
Migration of the SQL Server instances to Azure must
* Support automatic patching and version updates to SQL Server.
* Provide automatic backup services.
* Allow for high-availability of the instances,
* Provide a native VNET with private IP addressing.
* Encrypt all data in transit
* Be in a single-tenant environment with dedicated underlying infrastructure (compute, storage}.
You need to migrate the SQL Server instances to Azure.
Which Azure service should you use?
A. SQL Server in Docker containers running on Azure Kubermetes Service (AKS)
B. SQL Server in a Docker container running on Azure Container Instances (AG)
C. Azure SQL Database with elastic pools
D. SQL Server Infrastructure-as-a-Service (laaS) virtual machine (VM)
E. Azure SQL Database Managed Instance
Answer: E
Explanation:
Explanation
Azure SQL Database Managed Instance configured for Hybrid workloads. Use this topology if your Azure
SQL Database Managed Instance is connected to your on-premises network. This approach provides the most
simplified network routing and yields maximum data throughput during the migration.
Reference:
https://docs.microsoft.com/en-us/azure/dms/resource-network-topologies

NEW QUESTION: 3
Which of the following representations does an accountant make implicitly when issuing the standard
report for the compilation of a nonissuer's financial statements?
A. The financial statements have not been audited.
B. The accountant is independent with respect to the entity.
C. The accountant does not express any assurance on the financial statements.
D. A compilation consists principally of inquiries and analytical procedures.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. If the accountant is not independent, he should specifically disclose the lack of
independence. Otherwise, independence is implied.
Choice "B" is incorrect. The report accompanying compiled financial statements explicitly states that the
financial statements have not been audited.
Choice "C" is incorrect. Inquiry and analytical procedures are not performed in a compilation engagement.
Choice "D" is incorrect. The report accompanying compiled financial statements explicitly states that the
accountant provides no assurance on the financial statements.


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