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Exam Code: CDSS3.0

Exam Name: Certified Digital and Social Selling Specialist

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
What carries voice VLAN to a Cisco phone?
A. LLDP
B. CDP
C. SIP
D. SKINNY
Answer: B

NEW QUESTION: 2
Investment Adviser Foo Lish, LLC has begun serving as a custodian of its clients' assets. Foo Lish, LLC
must now
I. file a new U-5 form with the Administrator.
II. meet higher net capital requirements than before.
III. file an updated Form ADV with the Administrator.
IV. pay a CPA to do an annual unannounced audit of the firm.
A. II, III, and IV only
B. I and II only
C. I, II, III, and IV
D. II and III only
Answer: A
Explanation:
Selections II, III, and IV are correct. When Foo Lish begins serving as a custodian of its
clients' assets, it must file an updated Form ADV with the Administrator, meet higher net capital
requirements than before, and pay a CPA to do an annual unannounced audit of the firm. The U-5 form is
filed when a representative leaves the firm.

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