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Exam Code: Series-7

Vendor Name: FINRA

Total Practice Questions : 60

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NEW QUESTION: 1
Allison has conducted a timely performance evaluation for one of her employees and awarded the employee a 4% merit increase. She is currently completing the paperwork to submit to Human Resources.
If the employee's hourly salary is presently $7.10, what will the hourly salary be with this increase?
A. $7.80
B. $7.33
C. $7.54
D. $7.38
Answer: D

NEW QUESTION: 2
As a security analyst you setup a false survey website that will require users to create a username and a strong password. You send the link to all the employees of the company. What information will you be able to gather?
A. Bank account numbers and the corresponding routing numbers
B. The MAC address of the employees' computers
C. The IP address of the employees computers
D. The employees network usernames and passwords
Answer: C
Explanation:
Answer A is not correct. In order for this to actually work, since you are asking the employee to CREATE an account, is the assumption that the user will create an account using the same Username and Password that is used as their network username and password. [it is very likely that some or a lot of users will actually create their account on the survey site using their current network credentials - one less password to remember] Answer B is not correct. In order for this to work, there cannot be a router between the user and the survey site. If there is a router, then the MAC address that will be captured will be the last hop prior to reaching the survey site. Answer C is the best answer. Assuming that spoofing is not used, for example the use of a proxy server, the web server logs should show all the IP addresses. This requires assumptions, i.e. the survey web site is within the corporate intranet. If the traffic has to leave the firewall, and if NATing is in effect, then the addresses will be changed and the collected IP addresses can not be traced back to the user. Answer D is incorrect. Not unless the survey web site collects that information. The composition of the survey is not provided.
Whether answer A (the original answer) or answer C are the best really depends on the underlying assumptions for this question. Answer A relies on human behavior, Answer C relies on network topology. Both are not specified and both rely on speculation.

NEW QUESTION: 3
Which two statements are true about disputes?
A. Participants can view the disputes they have created in their worklist
B. Compensation Managers can reassign disputes to different analysts.
C. Disputes are assigned to the analyst who is associated with the participant creating the dispute.
D. Disputes are assigned to the analyst who is associated with the participant creating the dispute, and assigned to the compensation manager who the analyst reports to in the payment analyst hierarchy.
Answer: C


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