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Pass 8012 Exam Cram

Exam Code: 8012

Exam Name: Market . Liquidity and Asset Liability Management Risk Manager (MLARM) Certificate Exam

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
A married man has two adult sons. His entire estate is in excess of $1,500,000 and consists entirely of probate assets. He wants to make certain that if he predeceases his wife she will receive all estate income as long as she lives, and the assets remaining at her death will pass equally to their two sons. He wants to pass all assets to this wife and sons as free of federal estate taxes as possible. To best accomplish these objectives, the man should include which of the following estate plans in his will?
A. Establish a QTIP trust for half his estate and bequeath the remainder to his wife
B. Establish a marital deduction trust with a general power of appointment for half his estate and place the remainder in a QTIP trust
C. Establish a QTIP trust for his entire estate
D. Establish a bypass trust equal to the applicable exclusion amount and place the remainder of his estate in a QTIP trust
Answer: D

NEW QUESTION: 2
Which statement about Cisco IOS XE software is true?
A. It runs on the Cisco ME 3400 platform.
B. It is identical in look and feel to Cisco IOS software.
C. It uses a two-stage configuration process.
D. It runs on the Cisco ASR 9010 platform.
E. Packages can be added using the install add and install activate commands.
Answer: B
Explanation:
Explanation/Reference: http://www.cisco.com/en/US/prod/collateral/iosswrel/ps9442/ps11192/ps11194/QA_C67622903.html
The IOS feature set for routing and switching is unmatched in the industry, delivering functionality required for business critical applications. Preserving these advantages of IOS to our customers is critical for Cisco. IOS XE retains the exact same look and feel of IOS, while providing enhanced future-proofing and improved functionality. In IOS XE, IOS 15.0 runs as a single daemon within a modern Linux operating system. Additional system functions now run as additional, separate processes in the host OS environment. The operation, support and management of IOS XE does not require re-training from classic IOS.

NEW QUESTION: 3

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

NEW QUESTION: 4
A technician installs a secondary hard drive on a PC. The new drive does not show up in the operating system or the BIOS; only the primary is listed. The technician verified that the drive has been connected properly. Which of the following should the technician do to make the drive available to the system?
A. Move the jumper on the secondary drive off of master
B. Move the cable on the motherboard to a different port
C. Enable the S.M.A.R.T. setting in the BIOS
D. Remove the CMOS battery to clear the BIOS settings
Answer: A

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