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NEW QUESTION: 1
ACME Bank would like its tellers to help sell insurance products to new and existing customers. The tellers would refer customers to personal bankers who have insurance licenses from the state. The bank would like to reward tellers by giving them a small percentage of the commission for each policy sold where the sale resulted from a referral. Which of the following statements presents ACME's biggest concern in complying with the Consumer Protection in Sales of Insurance regulation?
A. It is difficult for many people to get an insurance license.
B. It is hard for tellers to handle so many types of products.
C. It is hard to physically separate insured deposit products from insurance products.
D. Tellers should not be rewarded only when the referral results in a sale.
Answer: D
NEW QUESTION: 2
Refer to the Exhibit below.
Referring to the exhibit, you are creating a calculation with the "Payment" calculation as the source and "Period" as the only accumulating partition.
What will be the value of the record with a PayeeID = "0002" and Period = "2012, February"?
A. $7000
B. $3500
C. $6000
D. $2500
Answer: C
NEW QUESTION: 3
What sort of special general ledger types exist?
Choose the correct answers.
Response:
A. Other types
B. Noted items
C. Automatic offsetting entries (statistical)
D. Free offsetting entries
E. Final payments
Answer: B,C,D
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