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  • Exam Code: NY-Life-Accident-and-Health
  • Exam Name: New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55
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NEW QUESTION: 1
Where can users insert parallel approvers in the approval flow of an SAP Ariba custom form?
Please choose the correct answer.
Response:
A. Only after their own approval node
B. At any point in the approval flow
C. Only at the beginning of the approval flow
D. At any point after their own approval node
Answer: B

NEW QUESTION: 2
From the following GBP deposit rates:
1M (31-day) GBP deposits 3.15%
2M (61-day) GBP deposits 3.25%
3M (91-day) GBP deposits 3.41%
4M (120-day) GBP deposits 3.56%
5M (152-day) GBP deposits 3.73%
6M (182-day) GBP deposits 3.90%
calculate the 3x4 forward-forward rate.
A. 3.997%
B. 3.996%
C. 3.410%
D. 3.977%
Answer: A

NEW QUESTION: 3
Supply management processes involve numerous legal considerations. Which of the following would describe an organization authorized to act for another organization in prescribed dealings with a third party?
A. Law of agency
B. Law of Principal duty
C. Action of an agent
D. Limit of authority
Answer: C
Explanation:
Supply management processes involve numerous legal considerations. The actions of an agent would describe an organization authorized to act for another organization in prescribed dealings with a third party. The Law of agency is a law which specifically governs the relationship that exists between two parties in which one party is the agent and one party is the principal and the agent is authorized to perform business activities for the principal is known as the law of agency. Limit of authority refers to acting within the scope granted by the principal. The Law of Principal duty covers reimbursement and indemnification of the principal.

NEW QUESTION: 4

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

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