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  • Exam Number/Code MLO
  • Product Name Mortgage Loan Origination (SAFE MLO) Exam
  • Questions and Answers
  • 326 Q&As
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NEW QUESTION: 1
Policies, procedures and end-user training are effective ways to mitigate:
A. attempted DDoS attacks
B. zero-day attacks
C. man-in-the-middle attacks
D. social engineering attempts
Answer: B
Explanation:
Explanation/Reference:
https://www.sans.org/reading-room/whitepapers/bestprac/defenses-zero-day-exploits-various-sized- organizations-35562

NEW QUESTION: 2
Several sources of GAAP consulted by an auditor are in conflict as to the application of an accounting
principle. Which of the following should the auditor consider the most authoritative?
A. FASB Technical Bulletins.
B. FASB Statements of Financial Accounting Concepts.
C. AICPA Accounting Interpretations.
D. AICPA Technical Practice Aids.
Answer: A
Explanation:
Choice "a" is correct. The most authoritative pronouncements (first floor) are FASB Statements, FASB
Staff Positions, FASB Statement 133 Implementation Issues, FASB Interpretations, AICPA APB opinions,
and AICPA Accounting Research Bulletins. When these pronouncements do not provide appropriate
guidance, the next level of pronouncements (second floor) are AICPA Industry Audit and Accounting
Guides, AICPA Statements of Position, and FASB Technical Bulletins. Choice "b" is incorrect. AICPA
Accounting Interpretations are not as authoritative as FASB Technical Bulletins, since they are on the
fourth floor. Choices "c" and "d" are incorrect. FASB Concepts Statements and AICPA Technical Practice
Aids are among the least authoritative of accounting literature (fifth floor).

NEW QUESTION: 3
If a customer has 10 nodes in a cluster with N+2 protection, what is the minimum number of nodes required tobe online and in communication with one another to satisfy quorum?
A. 0
B. 1
C. 2
D. 3
Answer: A

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