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NEW QUESTION: 1
What give the issuer the right to retire the bond at certain times, typically if prevailing market interest rates fall below the rate on the bond?
A. Variable income statements
B. Call options
C. Prepayment provisions
D. Investments modules
Answer: B

NEW QUESTION: 2
What are the possible reference document in ERP for the notification of goods receipt document?
There are 2 correct answers to this question.
Response:
A. Purchase requisition
B. Material requirement
C. Production order
D. Transfer requirement
E. Purchase order
Answer: C,E

NEW QUESTION: 3
You are an investment adviser to Mr. Crochety, an elderly man who lives solely on his social security
income although he managed to accumulate an investment portfolio worth about $100,000 over the years.
Mr. Crochety recently got his hands on a business publication and read about the tax-free interest paid by
municipal bonds. He calls you and instructs you to sell his other investments and invest all his money in a
municipal bond portfolio, so that "the government doesn't get any more of my hard-earned money." You
tell Mr. Crochety that you don't believe this is a wise move because he's in such a low tax bracket that
municipal bonds are not a good investment for him, but he is insistent. Based on these facts, you should
A. ignore Mr. Crochety's instruction since it is not in his best interest.
B. call Mr. Crochety's relatives and suggest they have him examined for mental instability.
C. have Mr. Crochety sign a statement of investment policy that indicates that this transaction is being executed on the client's instructions and that you have advised the client against it.
D. require Mr. Crochety to sign an affidavit of liability waiver, indicating that you will not be held responsible for any adverse consequences of this decision.
Answer: C
Explanation:
Given that you have advised Mr. Crochety that this is not a wise move and he still insists on it,
you should protect yourself by getting it in writing. In no case, however, can you require a client to sign an
affidavit of liability waver, nor can you refuse to follow his adamant instructions.

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