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NEW QUESTION: 1
During project initiation, the project manager learns that the charter was not approved by the proper authorities. The project manager approaches their line manager about this issue, but the line manager instructs the project manager to immediately begin work on the project plan.
What should the project manager do?
A. Seek advice from other project managers.
B. Explain the implications of working without approval.
C. Follow the line manager's instructions.
D. Escalate the matter to the project sponsor.
Answer: B

NEW QUESTION: 2
Refer to the exhibit.

Given existing variable values on the vector step in the exhibit, what will be the resulting value of Variable
"A"?
A. 0
B. 1
C. 2
D. 3
Answer: A

NEW QUESTION: 3
Two newly hired fixed income analysts are debating the merits of federal agency backed mortgage securities, specifically mortgage passthroughs and collateralized mortgage obligations (CMOs). Analyst A and Analyst B make the following statements:
Analyst A:Investors in mortgage pass-through securities backed by one mortgage pool have equal exposure to prepayment risk, whereas investors in the CMOs of one pool have different exposures to prepayment risk.
Analyst B:Investors in CMOs have greater protection against default risk than investors in mortgage pass- through securities due to additional credit enhancement-Identify whether the statements of each analyst are correct or incorrect.
A. Only Analyst A is correct.
B. Neither analyst is correct.
C. Only Analyst B is correct.
Answer: A