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NEW QUESTION: 1

A. Option B
B. Option A
C. Option D
D. Option C
Answer: D

NEW QUESTION: 2
Which statements about Management HA are correct?
1) Primary SmartCenter describes first installed SmartCenter
2) Active SmartCenter is always used to administrate with SmartConsole
3) Active SmartCenter describes first installed SmartCenter
4) Primary SmartCenter is always used to administrate with SmartConsole
A. 1 and 2
B. 3 and 4
C. 2 and 3
D. 1 and 4
Answer: A

NEW QUESTION: 3
Two junior portfolio managers at ContraFunds, a hedge fund manager, have been asked to summarize the mechanics of utilizing futures contracts for the firm's training manual. The first manager, Tina Kent, submits a paragraph explaining that administering a futures position will require bringing the margin account balance back to the initial margin level by posting maintenance margin any time the balance falls below the variation margin level. The second manger, Martin Ramsey, submits a paragraph explaining margin requirements are determined according to the daily settlement price which is the average of the last few trades of the day. Are Kent and Ramsey correct or incorrect with regard to their explanation of the mechanics of futures positions?
A. Only Ramsey is correct.
B. Neither is correct.
C. Only Kent is correct.
Answer: A

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