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  • Exam Number/Code GFMC
  • Product Name Examination 3: Governmental Financial Management and Control (GFMC)
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NEW QUESTION: 1
A company is using a Layer 2 Frame Relay network. Which circuit emulation will a network engineer use to extend the customer Frame Relay network over the Service Provider backbone?
A. GRE
B. VPLS
C. L3VPN
D. AToM
Answer: D

NEW QUESTION: 2
The user scott tries to create a directory hierarchy and encounters the following error:
[scott@server1 tmp]$ mkdir test/test1/stored/all mkdir: cannot create directory `test/test1/stored/all`: No such file or directory [scott@server1 tmp]$pwd /tmp
Which two commands can the user scott use to create the directory hierarchy successfully? (Choose two.)
A. mkdirhier /test/test1/stored/all
B. mkdir -p test/test1/stored/all
C. mkdirhier /tmp/test/test1/stored/all
D. mkdir /test/test1/stored/all
E. mkdir -r test/test1/stored/all
F. mkdir -r /tmp/test/test1/stored/all
Answer: B,C

NEW QUESTION: 3
According to Standard IV (B.4), Priority of Transactions, ________ is recommended when a manager has purchased a security in violation of trading policy.
A. public censure
B. a fine imposed by the SEC
C. forfeit of wages for one month
D. disgorgement
E. a civil damage
Answer: D
Explanation:
Explanation/Reference:
Explanation:
This question relates to the compliance procedures for Standard IV (B.4), one of which states that firms should establish disciplinary procedures to enforce the standard. If a manager has purchased a security in violation of trading policy, disgorgement is recommended. Managers should disgorge all profits and assume any losses from the trade.

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