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NEW QUESTION: 1
Charlice is a portfolio manager who manages (with the help of four analysts) the pension plan assets of Gordon Industries. Charlice received this account four years ago from Gordon Industries Vice President, Michael Burnbaum, who is also in charge of investment oversight. To whom does Charlice owe fiduciary duties?
I. Michael Burnbaum, in his capacity as Gordon Industries' Investment Officer.
II. The employees of Gordon Industries.
III. The pension beneficiaries at Gordon Industries.
A. I only
B. III only
C. II and III only
D. I and III only
Answer: B
Explanation:
Explanation/Reference:
Explanation:
A portfolio manager owes fiduciary responsibility to the beneficiaries of the portfolio he is managing. In case of pension plans, the loyalty is not owed to the person who hired the manager or to the entity that set up the fund. Rather, the responsibility lies toward the ultimate plan beneficiaries; in the case of Gordon Industries, it is the pension plan beneficiaries (though not all employees are pension recipients so II is not a valid choice). Standard IV (B.1) - Fiduciary Duties - and the Topical Study, "Fiduciary Duty."
NEW QUESTION: 2
Refer to the exhibit.
A network engineer investigates a recent network failure and notices that one of the interfaces on the switch is still down. What is causing the line protocol on this interface to be shown as down?
A. There is a layer 1 physical issue.
B. There is a speed mismatch on the interface.
C. There is a duplex mismatch on the interface.
D. The interface is configured as the target of the SPAN session.
E. The interface is configured as the source of the SPAN session.
Answer: D
NEW QUESTION: 3
Which of the following will effect price you pay for an EC2 instance? (Select all that apply) Choose the 3 Correct answers:
A. Instance Type.
B. Amazon Machine Image (AMI).
C. Selected Storage Class
D. How long you use the instance for.
Answer: A,B,D
Explanation:
EC2 instance pricing various depending on many variables. 1) The type of buying option 2) Selected Ami 3) Selected instance type 4) Region 5) Data in/out 6) Storage capacity
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