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NEW QUESTION: 1
Michelieu tells a prospective client, "I may not have a long-term track record yet, but I'm sure that you'll be very pleased with my recommendations and service. In the three years that I've been in the business, my equity-oriented clients have averaged a total return of more than 26 percent a year." The statement is true, but Michelieu only has a few clients and one of his clients took a large position in a penny stock (against Michelieu's advice) and realized a huge gain. This large return caused the average of all of Michelieu's clients to exceed 26 percent a year. Without this one investment, the average gain would have been 8 percent a year. Has Michelieu violated the Standards?
A. Yes, because the statement about return ignores the risk preferences of his clients.
B. No, because the statement is a true and accurate description of Michelieu's track record.
C. No, because Michelieu is not promising that he can earn a 26 percent return in the future.
D. Yes, because the statement misrepresents Michelieu's track record.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Standard IV (B.6), Prohibition against Misrepresentation. Although Micheliu's statement regarding the total return of his client's accounts on average may be technically true, it is misleading because the majority of the gain resulted from one client's large position taken against Micheliu's advice. He has not taken steps to present a fair, accurate and complete presentation of performance. Even though he is not guaranteeing future results, his words are still a misrepresentation of performance. Not disclosing the risk preferences of clients does not make a statement misleading and is not a violation of the Standards in this context.

NEW QUESTION: 2
Which capability is common to both Rules and Building Blocks?
A. Rules and Building Blocks both set the Magnitude of an Event.
B. Rules and Building Blocks can both be Enabled/Disabled through the GUI.
C. Rules and Building blocks both have the same selection of tests.
D. Rules and Building Blocks both have Actions; Building Blocks do not have Responses.
Answer: D

NEW QUESTION: 3
An agent In Avaya Aura Contact Center steps away from the phoneset without logging out or going into Not Ready- Upon return. It is discovered that the telephone has been logged out.
What is the most likely explanation?
A. The "Longest Idle since Last ACD/CDN" calls expired, logging out the telephone.
B. The Call Presentation Class "After Call Break for N seconds" was enabled for this telephone, and the telephone was forced logged out.
C. The "Longest Idle since Login" expired, logging out the telephone.
D. The Call Presentation Class "Return To Queue" was enabled for this telephone, a call was presented and returned to the queue while the agent was away and the Logout option was assigned for After "Return to Queue, Make Phone set".
Answer: D