NISM NISM-Series-VII Q&A - in .pdf

  • NISM-Series-VII pdf
  • Exam Code: NISM-Series-VII
  • Exam Name: NISM Series VII - Securities Operations and Risk Management Certification
  • PDF Version: V13.25
  • Q & A: 85 Questions and Answers
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  • Exam Code: NISM-Series-VII
  • Exam Name: NISM Series VII - Securities Operations and Risk Management Certification
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  • Exam Code: NISM-Series-VII
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NEW QUESTION: 1
An employee earning $22,500 per year supervises three employees and spends 35 hours per week on essential job duties that require discretion and independent judgment. Which of the following describes this employee?
A. Nonexempt, based on the salary basis requirement
B. Nonexempt
C. Exempt, based on the administrative exemption test
D. Exempt, based on the executive exemption test
Answer: A
Explanation:
Answer option C is correct.Effective in 2004, employees must be paid a minimum of $455 per week to be exempt from FLSA requirements. This employee earns only $432.69 per week. ($22,500/52 weeks = $432.69.) Although D is also correct, the best answer is the one that explains why. See Chapter 6 for more information. Chapter: Compensation and Benefits Objective: Compensation

NEW QUESTION: 2
Which two events trigger a prospect record to sync from Pardot to Salesforce?
Choose 2 answers
A. Undelete a prospect
B. Change prospect campaign
C. Import prospect
D. Add a tag to a prospect
Answer: B,C

NEW QUESTION: 3
What are two results of configuring the default settings for all new Managed Software Delivery policies? (Select two.)
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B. It speeds up the overall creation of the policies.
C. it prevents users from being able to change policies.
D. It centralizes the distribution of the policies.
E. It provides greater flexibility during the creation of the policies
Answer: A,B

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