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  • Exam Code: 156-315.81.20
  • Exam Name: Check Point Certified Security Expert - R81.20
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NEW QUESTION: 1
Sarah Bean is a registered representative with NewWave Investments, a family of mutual funds. She has
recommended one of NewWave's funds to a client and given him a prospectus. The prospectus provides
information about the fund's breakpoints and indicates that an investment of $25,000 or more will lead to
a reduced front-end load. The prospectus also clearly explains the details of a letter of intent. Sarah's
client invests $23,000 in the fund then and there without even opening the prospectus. Has Sarah violated
any of FINRA's rules of conduct?
A. Yes. Sarah needed to tell her client that he would have to read through the prospectus to ensure he
understood all aspects of the investment before she could take any money from him.
B. No. Sarah properly provided her client with a prospectus prior to selling him shares of the fund.
C. Yes. Sarah is required to explain the concepts of breakpoints and letters of intent to her client.
D. Yes. Sarah is not permitted to accept funds from a client without the presence of her immediate
supervisor.
Answer: C
Explanation:
Yes. Sarah is required to explain the concepts of breakpoints and letters of intent to her
client and her failure to do so is a violation of FINRA's rules of conduct. A registered representative selling
mutual fund shares is required to explain the salient facts contained in a fund's prospectus to a client
before selling him the fund shares. Sarah's failure to do so is deemed "inconsistent with just and equitable
principles of trade."

NEW QUESTION: 2
You implement Microsoft Azure Advanced Threat Protection (Azure ATP).
You have an Azure ATP sensor configured as shown in the following exhibit.
Updates

How long after the Azure ATP cloud service is updated will the sensor update?
A. 24 hours
B. 48 hours
C. 1 hour
D. 12 hours
E. 7 days
Answer: A
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/azure-advanced-threat-protection/atp-whats-new

NEW QUESTION: 3
During the execution phase of a project, a project task has run longer than anticipated.

Which of the following is the new critical path of the project if Task 2 requires an additional two days to complete?
A. 12 days
B. 16 days
C. 19 days
D. 14 days
Answer: A
Explanation:
References:
Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 169

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