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NEW QUESTION: 1
Mr. Shortfall placed a market order to buy 100 shares of Google (GOOG) with GetErDone Broker-Dealers.
The market order was executed at $530 a share. In accordance with Regulation T:
A. Mr. Shortfall must pay for the purchased shares within 5 business days.
B. Both B and C are true statements.
C. GetErDone can request an extension from FINRA or another SRO for Mr. Shortfall if he is unable to pay for the shares within 5 business days.
D. Mr. Shortfall must pay for the purchased shares within 3 business days.
Answer: B
Explanation:
Explanation/Reference:
Explanation: After his market order to buy shares of GOOG is executed, Mr. Shortfall must pay for the shares within 5 business days. If he is unable to do so within this time period, GetErDone can request an extension from FINRA or another SRO for him.
NEW QUESTION: 2
Maxime Rivela, CFA, is interviewing for a portfolio manager position with a medium-sized investment firm.
At the interview, the hiring manager provides the following list of actions taken by the former portfolio manager. The hiring manager asks Rivela to identify which action most likely was the reason that the previous portfolio manager was asked to resign. The former portfolio manager likely:
A. set the objectives for a well-funded, local private college's endowment fund as total return focused primarily in long-term, taxable investments.
B. used the following four-step portfolio management process - write a policy statement, develop the investment strategy, implement the plan, and monitor and update (rebalance) as needed.
C. managed a 40 year old attorney's portfolio with a strategy of a long time horizon and moderate risk.
D. focused on timing and security selection when constructing a client investment strategy.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Even though these two investment decisions (timing and individual security selection) add value to the portfolio, the real foundation of returns comes from the original asset allocation policy decisions (determining allowable asset classes and weighting these classes). Empirical studies have shown that 85 percent to 95 percent of a portfolio's total return comes from the asset allocation policy decision.
The other choices describe appropriate actions. The 40 year old attorney is most likely in the consolidation phase of the investing life cycle, and a long time horizon and moderate risk strategy are appropriate. The steps in the four-step portfolio management process are correct and are listed in the correct order. The objective and investments for the endowment fund appear appropriate given the information in the question. Since endowments are tax-exempt, it would not necessarily benefit from tax-exempt securities.
NEW QUESTION: 3
SIMULATION
A corporation wants to add security to its network. The requirements are:
Host C should be able to use a web browser (HTTP) to access the Finance Web Server.
Other types of access from host C to the Finance Web Server should be blocked.
All access from hosts in the Core or local LAN to the Finance Web Server should be blocked.
All hosts in the Core and on local LAN should be able to access the Public Web Server.
You have been tasked to create and apply a numbered access list to a single outbound interface. This access list can contain no more than three statements that meet these requirements.
Access to the router CLI can be gained by clicking on the appropriate host.
All passwords have been temporarily set to "cisco".
The Core connection uses an IP address of 198.18.209.65.
The computers in the Hosts LAN have been assigned addresses of 192.168.78.1 - 192.168.78.254.
host A 192.168.78.1
host B 192.168.78.2
host C 192.168.78.3
host D 192.168.78.4
The Finance Web Server has been assigned an address of 172.22.146.17.
The Public Web Server in the Server LAN has been assigned an address of 172.22.146.18.
Answer:
Explanation:
We should create an access-list and apply it to the interface that is connected to the Server LAN because it can filter out traffic from both S2 and Core networks. To see which interface this is, use the "show ip int brief" command:
From this, we know that the servers are located on the fa0/1 interface, so we will place our numbered access list here in the outbound direction.
Corp1#configure terminal
Our access-list needs to allow host C - 192.168125.3 to the Finance Web Server 172.22.109.17 via HTTP (port 80), so our first line is this:
Corp1(config)#access-list 100 permit tcp host 192.168.125.3 host 172.22.109.17 eq 80 Then, our next two instructions are these:
Other types of access from host C to the Finance Web Server should be blocked.
All access from hosts in the Core or local LAN to the Finance Web Server should be blocked.
This can be accomplished with one command (which we need to do as our ACL needs to be no more than 3 lines long), blocking all other access to the finance web server:
Corp1(config)#access-list 100 deny ip any host 172.22.109.17
Our last instruction is to allow all hosts in the Core and on the local LAN access to the Public Web Server (172.22.109.18) Corp1(config)#access-list 100 permit ip host 172.22.109.18 any Finally, apply this access-list to Fa0/1 interface (outbound direction) Corp1(config)#interface fa0/1 Corp1(config-if)#ip access-group 100 out Notice: We have to apply the access-list to Fa0/1 interface (not Fa0/0 interface) so that the access-list can filter traffic coming from both the LAN and the Core networks.
To verify, just click on host C to open its web browser. In the address box type http://172.22.109.17 to check if you are allowed to access Finance Web Server or not. If your configuration is correct then you can access it.
Click on other hosts (A, B and D) and check to make sure you can't access Finance Web Server from these hosts. Then, repeat to make sure they can reach the public server at 172.22.109.18. Finally, save the configuration Corp1(config-if)#end Corp1#copy running-config startup-config
NEW QUESTION: 4
The Application Accelerator can be utilized without first creating an Application Profile.
A. False
B. True
Answer: B
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