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MLO Exam Simulator
  • Exam Code: MLO
  • Exam Name: Mortgage Loan Origination (SAFE MLO) Exam
  • Version: V12.35
  • Q & A: 40 Questions and Answers
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NEW QUESTION: 1
Refer to the exhibit.

The AAM API tool being used is reporting a "Bad Request" response when trying to do a bulk upload of new traits. The architect has validated that the Data Source ID and Folder ID is correct.
What is the cause of the bad request response?
A. The trait rule should be savings= = "yes".
B. Onboarded traits cannot be created through an API tool.
C. The trait rule should be "savings"="yes".
D. API calls do not allow the use of _ as a character in the trait name.
Answer: C

NEW QUESTION: 2



Refer to the exhibit above and click on the resource tabs in the top left corner to view resources to help with this question. Python code that uses the UCS Python SDK is instantiating a service profile named
''devcore-server-01'' from service profile template ''device-template'' , then associating the service profile instance to blade 3 in chassis 7. Drag and drop the code snippets from the left onto the item numbers on the right that match the missing sections in the Python exhibit.

Answer:
Explanation:



NEW QUESTION: 3
If a business analyst (BA) asks questions during the job shadowing with a subject matter expert, which approach is being used?
A. Active Observation Approach
B. Inactive Observation Approach
C. Contextual Inquiry Observation
D. Passive Observation Approach
Answer: A

NEW QUESTION: 4
Which one of the following is common misinterpretation during the calculation of VaR
A. All of the above.
B. There is a tendency to interpret VaR as the largest loss that has on X percent probability of being exceeded. The largest that loss that may occur will not be too much larger than the aR, while for other portfolios (particularly those including highly levered derivatives), it may be many times greater than the VaR.
C. The VaR calculation is based on an assumption that the portfolio is held constant over the time interval in practice are actively managed so that as adverse condition develop actions will be taken to mitigate losses As a result the true probability of a lose as large as that predicted may be much less then Fore cast
D. The VaR Forecast is based on what has happened in the past If the future is not like the past the realized losses may be the lager (or smaller then predicted)
Answer: A

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