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NEW QUESTION: 1
Which of the following practices would be prohibited in connection with the sale of investment company
shares?
I. selling a client shares of a load stock fund when a no load stock fund with the same investment
objective exists
II. selling the client shares of five S&P 500 Index mutual funds, offered by different fund families
III. encouraging a client to swap his money between two funds in the same family without informing him
that this creates a taxable event
A. I and II only
B. II and III only
C. I, II, and III
D. I and III only
Answer: B
Explanation:
The scenarios described in Selections II and III only would be prohibited. Five S&P 500
Index mutual funds, even if offered by different fund families, all have the same investment
objective-duplicating the returns earned on the S&P 500 Index, and they will be invested in very similar
stocks. Therefore, the client is getting little or no more diversification of risk by investing in five funds over
investing in just one. The agent is just getting richer from more commissions. Encouraging a client to
swap his money between two funds in the same family without informing the client that this creates a
taxable event is not providing the client with "full and fair disclosure." It may well be in the client's best
interest to make the switch, but he needs to be made aware of the tax consequences. It is not necessarily
prohibited to sell a client shares of a load stock fund when a no load stock fund with the same investment
objective exists as long as the agent believes that the load stock fund is a better investment for his client.
NEW QUESTION: 2
You are giving the debug RHCT exam. The examiner told you that the password of root is redhat. When you tried to login displays the error message and redisplayed the login screen. You changed the root password, again unable to login as a root. How will you make Successfully Login as a root.
A. When root unable to login into the system think:
Is password correct?
Is account expired?
Is terminal Blocked? Do these Steps:
Boot the System on Single user mode.
Change the password
Check the account expire date by using chage -l root command. If account is expired, set net expire date: chage -E "NEVER" root
Check the file /etc/securetty Which file blocked to root login from certain terminal.
B. When root unable to login into the system think:
Is password correct?
Is account expired?
Is terminal Blocked? Do these Steps:
Boot the System on Single user mode.
Change the password
Check the account expire date by using chage -l root command. If account is expired, set net expire date: chage -E "NEVER" root
Check the file /etc/securetty Which file blocked to root login from certain terminal.
If terminal is deleted or commented write new or uncomment.
Reboot the system and login as a root.
Answer: B
NEW QUESTION: 3
When tailoring the COBIT organization structure to organizational context and priorities, which of the following should be done NEXT after mapping organizational structures with specific responsibility or accountability?
A. Adapt the COBIT roles and organizational structures
B. Add two levels of involvement for consulted and informed
C. Revise the organizational hierarchy with job descriptions
Answer: A
NEW QUESTION: 4
What statement about 802.3, Clause 33 Power over Ethernet is true?
A. Only midspan PSEs are supported.
B. When using CAT5 cabling, you increase the maximum draw available to the PD over that available with CAT6.
C. Only endpoint PSEs are supported.
D. The lowest voltage drop is achieved when using CAT6 instead of Cat5 or CAT5e.
Answer: D
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