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CIPS L3M3 Valid Exam Notes & Exam L3M3 Overviews - L3M3 Latest Torrent - Insideopenoffice


CIPS L3M3

Contract Administration

Questions and Answers : 347
File Format : PDF
Windows Compatibility : Windows 10/8/7/Vista/2000/XP/98
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NEW QUESTION: 1
IS-Audits sollten im Rahmen eines Risikoanalyseprozesses ausgewählt werden, um sich auf Folgendes zu konzentrieren:
A. Die Bereiche mit dem größten Risiko und der größten Chance für Verbesserungen.
B. Bereiche mit dem geringsten Risiko und der geringsten Chance für Verbesserungen.
C. die Bereiche mit dem größten finanziellen Wert.
D. unregelmäßige Ereignisse.
E. Bereiche, die von den Schlüsselpersonen der Organisation geleitet werden.
F. zufällige Ereignisse.
Answer: A
Explanation:
Erläuterung:
Audits werden in der Regel durch einen Risikoanalyseprozess ausgewählt, um sich auf die Bereiche mit dem größten Risiko und den größten Verbesserungsmöglichkeiten zu konzentrieren.
Prüfungsthemen sollten auf der Grundlage von Kosteneinsparungs- und Serviceverbesserungspotenzialen ausgewählt werden.

NEW QUESTION: 2

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

NEW QUESTION: 3
GoForBroke Broker-Dealers has distributed a list of ten mutual funds that it suggests are top-notch funds
worthy of recommendation by GoForBroke's agents. Coincidentally, all the funds on this list also happen
to be those that execute the majority of their trades through GoForBroke. Is GoForBroke in violation of
any FINRA rules?
A. Yes. By distributing a list naming specific funds that coincidentally all happen to execute a lot of trades
through GoForBroke, the broker-dealer is violating FINRA's anti-reciprocal rule.
B. No. As long as the list consists of more than five funds, GoForBroke has not violated any FINRA rules.
C. Yes. GoForBroke is prohibited from selling shares of mutual funds that execute their trades through the
broker-dealer. This rule is in place to avoid conflicts of interest.
D. No. GoForBroke only distributed a list of fund names; it did not offer its agents any form of additional
compensation for selling the funds on that list.
Answer: A
Explanation:
Yes. By distributing a list naming specific funds that coincidentally all happen to execute a lot
of trades through GoForBroke, the broker-dealer is violating FINRA's anti-reciprocal rule. Even though
GoForBroke does not appear to be offering its agents any additional compensation for selling shares of
these funds, it is promoting them above other funds that aren't conducting as many trades through the
broker-dealer. Recommendations should be based on a specific client's needs, not on the money the fund
generates for the broker-dealer. There is no rule that prohibits a broker-dealer from selling shares of
mutual funds that execute their trades through them.

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CIPS L3M3

Contract Administration

VCE Exam Simulator Q&A : 347
Q&A Update On : January 3, 2019
File Format : Installable Setup (.EXE)
Windows Compatibility : Windows 10/8/7/Vista/2000/XP/98
Mac Compatibility : Through Wine, Virtual Computer, Dual Boot
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    CIPS L3M3 (Contract Administration)

    Questions and Answers : 347
    Q&A Update On : January 3, 2019
    File Format : PDF
    Windows Compatibility : Windows 10/8/7/Vista/2000/XP/98
    Mac Compatibility : All Versions including iOS 4/5/6/7
    Android : All Android Versions
    Linux : All Linux Versions
    Download L3M3 Sample Questions

  • VCE Exam Simulator Software

    CIPS L3M3 (Contract Administration)

    VCE Exam Simulator Q&A : 347
    Q&A Update On : January 3, 2019
    File Format : Installable Setup (.EXE)
    Windows Compatibility : Windows 10/8/7/Vista/2000/XP/98
    Mac Compatibility : Through Wine, Virtual Computer, Dual Boot
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