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NEW QUESTION: 1
Young, a portfolio manager with Northside Bank, has just been given investment authority for a newly acquired pension account. Client objectives have not yet been established. On the day the account is received, $2 million in bonds, representing 4 percent of the portfolio, mature. Which of the following is Young's best course of action on that day?
A. Make no decision until client objectives have been established.
B. Invest the proceeds in cash equivalents until a meeting can be arranged to establish fund objectives.
C. Invest the proceeds in accordance with the bank's current asset allocation strategy.
D. Contact the client's former investment advisor and take investment action based on previously used guidelines.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
This question relates to Standard IV (B.2), Portfolio Investment Recommendations and Actions. This standard requires that members make a reasonable inquiry into a client's financial situation, investment experience and investment objectives prior to making any investment recommendation. To rely on outdated investment guidelines, or firmwide strategies, or to hold the funds, would be inappropriate because it might violate a member's duty to safeguard client's interests. The best course of action is to invest in cash equivalents until a meeting can be arranged to establish fund objectives, because it adequately protects the client's interest until investment objectives are established.
NEW QUESTION: 2
What does the protocol RARP do?
A. Facilitates file transfers
B. Takes a MAC address and finds an IP address to match
C. Sends messages to the devices regarding the health of the network
D. Takes an IP address and finds out the MAC address to which it
belongs
Answer: B
Explanation:
The correct answer is "Takes a MAC address and finds an IP address to match", the reverse of ARP. The Reverse Address Resolution Protocol knows a MAC (Media Access
Control) address and asks the RARP server to match it with an IP address.
NEW QUESTION: 3
DRAG DROP
You deploy an ASP.NET MVC e-commerce application to a Microsoft Azure App Services Web App.
Users report that the Orders page displays incorrect date and time information. You are unable to reproduce the issue locally.
You need to configure Remote Debugging for the web application.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
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