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NEW QUESTION: 1
Which of the following instructor behaviors would encourage audience involvement and cohesiveness?
A. Ask for examples/experience from the group
B. Ignore group compliments in favor of your own.
C. Ignore learners' comments as irrelevant.
D. Encourage learners' to set aside concerns to focus on the learning experience.
Answer: A
NEW QUESTION: 2
Who are the primary competitors for Federation Server
A. Composite, MetaMatrix, iWay, BEA
B. AbInitio, CA, Golden Gate
C. MetaMatrix, Trillium, Business Objects
D. Hand Coding, SAS, SAP
Answer: A
NEW QUESTION: 3
In its prospectus, the YourMoney Mutual Fund provides charts and tables of its average annual return
over the past year, three years, five years, and ten years. The fund's return has indeed been phenomenal
over this time period, beating the S&P 500 Index by at least 15%. The prospectus states that this is
because the fund invests in securities that are riskier and that, therefore, an investor can expect the fund
to continue earning a return higher than the S&P 500 Index. Is YourMoney guilty of any security
violations?
A. Yes. YourMoney is guilty of fraud in claiming that "an investor can expect the fund to continue earning
a return higher than the S&P 500 Index." Past performance is no indication of future performance.
B. No. Regulations require only that the mutual fund provide charts and tables of its average annual
returns, with a statement comparing the fund performance with a relevant market index.YourMoney has
done this and more.
C. No. YourMoney properly revealed to prospective investors the fact that its higher than average returns
are the result of its investment in riskier securities.
D. Yes. There is no way the fund could have beaten the S&P 500 Index by at least 15% over the past ten
years. The fund is obviously misstating its returns.
Answer: A
Explanation:
Yes. YourMoney is guilty of fraud in its claim that "an investor can expect the fund to
continue earning a return higher than the S&P 500 Index." Past performance is no indication of future
performance, and this statement is clearly a misstatement of a material fact. In fact, because the
securities the fund invests in are riskier than average, the fund returns can be expected to fall harder than
the S&P 500 Index in a market downturn.
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