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NEW QUESTION: 1
Which of the following does not necessarily have to be included in the contract between an investment
adviser and an individual client, according to the Uniform Securities Act (USA)?
A. the compensation agreement, which cannot be a percentage of the capital gains or capital appreciation
earned on the portfolio for all but the wealthiest of individual clients.
B. if the investment adviser is a partnership, a statement indicating that the client will be notified if there is
any change in the partners within a reasonable time period
C. a statement of the investment policy that has been agreed upon between the adviser and the client
D. a statement stipulating that the contract cannot be assigned to another party without the client's
consent
Answer: C
Explanation:
A statement of the investment policy does not have to be included in the contract between an
investment adviser and an individual client. The statement of investment policy is generally developed
after the contract is signed.

NEW QUESTION: 2
After being terminated due to downsizing,an internal auditor finds a different job with an organization in the same industry. Which of the following actions would violate the IIA Code of Ethics?
A. In the first week at the new organization,the auditor discovers a high fraud risk surrounding the organization's database and suggests that the information technology department implement a new password system to prevent fraudulent actions before they occur.
B. In preparing for an audit at the previous organization,the auditor had conducted a great deal of research on the Internet at home to identify best practices for the management of a treasury function. The auditor has retained much of the research and uses it to conduct an audit of the new employer's treasury function.
C. At the new organization,the auditor is asked to develop forms to implement probability-proportional-to-size sampling. Although unsure of how to perform this type of sampling,the auditor proceeds without asking for assistance.
D. To determine audit priorities in the new job,the auditor uses the audit risk approach that the auditor's previous employer used,without receiving permission to do so.
Answer: C
Explanation:
Topic 6, Volume F

NEW QUESTION: 3
You have an aggregate with 10 TB of free space. You create a 5 TB volume with space-guarantee set to
none and fractional reserve set to 0. Inside the volume, you create a 100 GB space-reserved LUN.
In this scenario, how much free space is left in the aggregate?
A. 10TB
B. 9.8TB
C. 9.9 TB
D. 5 TB
Answer: D

NEW QUESTION: 4
Which two statements are true about Cost Accounting books? (Choose two.)
A. A cost organization has one book that posts to the primary ledger.
B. A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
C. Every cost organization must use different book names; they cannot be shared.
D. Secondary books can post accounting entries into any ledger, including the primary ledgeror any secondary ledger.
Answer: A,B