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NEW QUESTION: 1
In order to comply with Standard IV (B.4), Priority of Transactions, firms should prepare and distribute to firm personnel a code of ethics and compliance procedures. The code and procedures should do all of the following, EXCEPT:
A. establish reporting and prior-clearance requirements.
B. limit the number of access persons.
C. consider special situations.
D. define personal transactions, investment and prohibited transactions.
E. maintain a list of clients and their holdings.
F. contain disciplinary procedures.
G. ensure that procedures will be enforced.
Answer: E
Explanation:
Explanation/Reference:
Explanation:
The question deals with the compliance procedures under Standard IV (B.4). Personal transactions must be defined to all employees. The number of access persons - those who have knowledge of pending or actual recommendations or action - should be limited, by implementing Fire Walls. A reporting system for all employees' personal transactions should be established, as well as procedures for special situations.
Authority should be given to a compliance officer to enforce the procedures, which should include disciplinary action. Maintaining lists of client holdings is NOT a compliance procedure under Standard IV (B.4), but Standard IV (B.3).

NEW QUESTION: 2
Exhibit

The following IS-IS packets have been exchanged between 2 adjacent IS-IS routers.
What type of adjacency will be formed?
A. An L1 adjacency will be formed.
B. L2 adjacency will be formed
C. No adjacency will be formed
D. An L1/L2 adjacency will formed
Answer: C

NEW QUESTION: 3
You are a project manager for Laredo Pioneer's Traveling Rodeo Show. You're heading up a project to promote a new line of souvenirs to be sold at the shows. You are getting ready to write the project management plan and know that all the following are true regarding the PMIS, except for one. Which of the following is true?
A. The PMIS is an automated system.
B. The PMIS is a tool and technique of the Scope Planning process.
C. The PMIS includes a change control system.
D. The configuration management system is a subsystem of the PMIS.
Answer: B
Explanation:
The PMIS is a tool and technique of the Develop Project Management Plan process. It's one of the elements of the enterprise environmental factors, which is an input to the Scope Planning process.