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  • Exam Code: CPA-21-02
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  • Exam Code: CPA-21-02
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NEW QUESTION: 1
In an SMTP integration it is recommended to use the fully-qualified domain name (FQDN) when specifying the SMTP server addresses).
A. FALSE
B. TRUE
Answer: A

NEW QUESTION: 2
Cliff places an order to sell 500 shares of the stock of Gap, Inc. (GPS) via his broker's website. Cliff does not currently own any shares of GPS. This order is:
A. indicating that Cliff expects the price of Gap, Inc. to rise.
B. an example of a stop loss order.
C. illegal, and the broker's website will reject it.
D. referred to as a short sale.
Answer: D
Explanation:
Explanation/Reference:
Explanation: When Cliff places an order to sell shares of GPS, a stock he doesn't own, on his broker's website, it is referred to as a short sale. A short sale is defined as the sale of borrowed stock and is placed by an investor who expects the price of that stock to fall in the near future, at which point the investor will buy it back at a lower price and return it, profiting from the price differential.

NEW QUESTION: 3

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

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