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I40-420 · Question #107

I40-420 Question #107: Real Exam Question with Answer & Explanation

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Question

A report is created that displays all of the high net worth clients. The report calculates the net worth of a client by totaling the balances from all of their accounts with the firm including unrealized gains and losses. If the net worth of the client exceeds $5 million the client is included on the report. The report retrieves the name, address and phone number from the master account file and generates a list. How would this be counted?

Options

  • A1 EI
  • B1 EO
  • C1 EQ
  • DNot counted

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