FINRA SIE Q&A - in .pdf

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  • Exam Code: SIE
  • Exam Name: Securities Industry Essentials Exam (SIE)
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NEW QUESTION: 1
Which command set configures a Cisco Catalyst 9800 Series Wireless Controller so that the client traffic enters the network at the AP switch port?

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

NEW QUESTION: 2
Which logs are used to troubleshoot hardware failure?
A. system event log
B. system log
C. audit log
D. gateway logs
E. accounting log
Answer: A

NEW QUESTION: 3
Which two items regarding PureData database-level backups are true?
A. Managed either manually or automatically through the Workload Console.
B. Database backups cannot be performed manually.
C. Managed either manually or automatically through the System Console.
D. You must configure Tivoli Storage Manager to enable database backups.
E. The backup image includes DB2 Registry values, customized OS users and groups.
Answer: D,E

NEW QUESTION: 4
Marge is 57 and wants to retire early. Since she is not yet eligible for social security, she wants to begin tapping a variable annuity to which she has been contributing for the last 20 years.
Which of the following statements regarding her withdrawals is true?
A. Marge can begin her withdrawals without penalty under IRS rule 72(t) as long as she does so following the specific guidelines for a period of five years; however, the withdrawals will be subject to taxation.
B. Marge can begin her withdrawals tax-free and without penalty under IRS rule 72(t) as long as she does so following the specific guidelines for a period of five years.
C. Marge can begin her withdrawals tax-free and without penalty under IRS rule 72(t) as long as she does so following the specific guidelines until she turns 59 ½, at which point she will no longer have to follow the specific guidelines.
D. There is no way that Marge can begin making withdrawals without facing a 10% penalty for early withdrawal unless she is disabled or needs the money for medical expenses.
Answer: A
Explanation:
Explanation/Reference:
Explanation: Since Marge is only 57, she can begin her withdrawals without penalty under IRS rule 72(t) as long as she does so following the specific guidelines for a period of 5 years, but the withdrawals will be subject to taxation. Once she starts the program outlined in rule 72(t), she must remain on it for at least five years or until she turns 59 ½, whichever comes last. This means that although she's already 57 and will be turning 59 ½ in 2 ½ years, she will have to continue to follow the guidelines for a full five years, or until she turns 62, in this case.

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