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NEW QUESTION: 1
Young, a portfolio manager with Northside Bank, has just been given investment authority for a newly acquired pension account. Client objectives have not yet been established. On the day the account is received, $2 million in bonds, representing 4 percent of the portfolio, mature. Which of the following is Young's best course of action on that day?
A. Contact the client's former investment advisor and take investment action based on previously used guidelines.
B. Invest the proceeds in accordance with the bank's current asset allocation strategy.
C. Invest the proceeds in cash equivalents until a meeting can be arranged to establish fund objectives.
D. Make no decision until client objectives have been established.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
This question relates to Standard IV (B.2), Portfolio Investment Recommendations and Actions. This standard requires that members make a reasonable inquiry into a client's financial situation, investment experience and investment objectives prior to making any investment recommendation. To rely on outdated investment guidelines, or firmwide strategies, or to hold the funds, would be inappropriate because it might violate a member's duty to safeguard client's interests. The best course of action is to invest in cash equivalents until a meeting can be arranged to establish fund objectives, because it adequately protects the client's interest until investment objectives are established.



NEW QUESTION: 2
Depending on the cloud deployment model and cloud delivery model being considered by an organization, there may be the need to further allocate funds to carry out integration testing, as well as the need for additional labor to enable interoperability between cloud service consumers and cloud services. These expenses are referred to as ___________________.Select the correct answer.
A. integration costs
B. leasing costs
C. There is no such cost.
D. sunk costs
Answer: A



NEW QUESTION: 3
Training NSE4_FGT-7.0 Solutions
A. EXECUTE sp_set_database_firewall_rule N'NewYork,'131.107.15.1','131.107.15.1';
B. EXECUTE sp_set_database_firewall_rule N'NewYork,'131.107.15.1','255.255.255.255'
C. EXECUTE sp_set_database_firewall_rule N'NewYork,'192.168.8.0', '255.255.255.0';
D. EXECUTE sp_set_database_firewall_rule N'NewYork, '192.168.8.0', '192.168.8.255';
Answer: D
Explanation:
References:
http://azure.patrickkeisler.com/2015/11/configuring-the-azure-sql-database-firewall/
https://msdn.microsoft.com/en-gb/library/dn270010.aspx



NEW QUESTION: 4
다음 중 생산 작업자가 접근 할 수 있는 쓰레기통에 넣을 때 비용이 청구되는 대량의 소모품을 제어하기 위해 적절한 개선 사항은 무엇입니까?
A. 예산과 사용 된 소모품의 비용을 비교하기 위해 경영진이 필요합니다.
B. 적은 비용과 크기의 품목에 대해서는 위의 조치가 필요하지 않습니다.
C. 휴지통을 재고 창고로 옮깁니다.
D. 정상 근무 시간 동안 쓰레기통을 잠급니다.
Answer: A




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