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NEW QUESTION: 1
Rocky Johnson, CFA, manages a large capitalization equity mutual fund. His superiors have requested that he provide them the appropriate benchmarks to compare future performance against. Johnson makes the following statements:
Statement 1:We should use an unweighted index because it would best reflect the large company bias in the portfolio.
Statement 2:Stocks in the portfolio frequently split the number of shares outstanding. Therefore, in the long run, the Dow Jones Industrial Average would best reflect these events.
Are Johnson's two statements correct?
A. Statement 1 is incorrect and Statement 2 is correct.
B. Statement 1 is correct and Statement 2 is incorrect.
C. No. Both statements are incorrect.
Answer: C

NEW QUESTION: 2
Refer to the following exhibit.

Assuming all links have an equal metric in the IGP, where will Source Path Tree have been created if Receiver 2 and Receiver 3 have joined the multicast group and the source is sending and the switchover has occurred? (Choose two)
A. Router F-D-E-C
B. Router G-E-C
C. Router G-E-C-A
D. Router F-D-B-A
E. Router C-E-D-B-A
Answer: C,D

NEW QUESTION: 3
According to the International Professional Practices Framework, which of the following situations is an indicator of a healthy relationship between the audit committee and the internal audit function?
A. Whenever a potential audit finding or testing exception is first identified, the audit committee is immediately notified, as well as for any subsequent changes in the status of the engagement.
B. The CAE does not distribute audit reports to the audit committee. However, the audit committee is made aware of the scope and findings of audits performed.
C. The chief audit executive (CAE) has direct access to the audit committee and the board but typically does not interact directly with them unless a material weakness in the control environment is identified.
D. The CAE sends the audit committee all communications between the internal audit department and the audit client in order to keep the audit committee up to date on the engagement.
Answer: B