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NEW QUESTION: 1

A. Option B
B. Option C
C. Option D
D. Option A
Answer: C

NEW QUESTION: 2
Hotspot Question
In the Answer Area, select the development approach that corresponds to each attribute.

Answer:
Explanation:

NEW QUESTION: 3
A company has several vendors who require 1099s.
You need to set up the vendors so that year-end reports can be correctly generated.
What should you do? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

NEW QUESTION: 4
In accordance with the National Securities Markets Improvement Act of 1996, which of the following is a
federal covered adviser and, therefore, exempt from registering with the state Administrator?
I. An adviser who does business in 26 states.
II. An adviser who manages the portfolio of a mutual fund that is registered with the SEC.
III. An adviser with $35 million in assets under management
A. II and III only
B. I and III only
C. All of the selections meet the qualifications of a federal covered adviser.
D. I and II only
Answer: A
Explanation:
The advisers described in Selections II and III are federal covered advisers and, therefore,
exempt from registering with the state Administrator. An adviser who advises a registered investment
company, as in Selection II, and an adviser with over $30 million in assets under management, as in
Selection III are exempt. In order to be exempt from registration, the adviser in Selection I would have to
be doing business in more than 30 states.

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