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NEW QUESTION: 1
A-2-Z Associates advertises itself as a full service brokerage firm that will buy and sell securities for its
clients, as well as provide investment advice to them. Its brochure provides a variety of plans to which a
client can subscribe. The basic plan is the cheapest and allows the client a maximum number of trades
per month for a specified fee. Another, slightly more expensive, plan provides the client with the same
maximum number of trades per month, but the client also receives a personalized quarterly review of his
portfolio along with advice for restructuring his portfolio based on such factors as current market
conditions and specific industry or company information. The most expensive plan is one in which the
client is assigned to an individual portfolio manager, who will take total responsibility for the asset
allocation of the client's portfolio and will provide the client with monthly reports. Based on the services
A-2-Z provides, it must register with the state as:
A. an investment adviser.
B. a broker-dealer.
C. an investment adviser representative.
D. both a broker-dealer and an investment adviser.
Answer: D
Explanation:
Based on the services A-2-Z provides, it must register with the state as both a broker-dealer
and an investment adviser. It is receiving compensation as a broker-dealer for executing purchases and
sales of securities for its clients under its basic plan, but it is receiving additional compensation for acting
as an investment adviser under the two higher level plans.

NEW QUESTION: 2
You have bought a 93-day US Treasury bill at 5.63%. What is the true yield?
A. 5.72%
B. 5.71%
C. 5.69%
D. 5.62%
Answer: B

NEW QUESTION: 3
DRAG DROP


Answer:
Explanation:


NEW QUESTION: 4
You are planning on using the AWS KMS service for managing keys for your application. For which of the following can the KMS CMK keys be used for encrypting? Choose 2 answers from the options given below Please select:
A. RSA Keys
B. Image Objects
C. Large files
D. Password
Answer: A,D
Explanation:
Explanation
The CMK keys themselves can only be used for encrypting data that is maximum 4KB in size. Hence it can be used for encryptii information such as passwords and RSA keys.
Option A and B are invalid because the actual CMK key can only be used to encrypt small amounts of data and not large amoui of data. You have to generate the data key from the CMK key in order to encrypt high amounts of data For more information on the concepts for KMS, please visit the following URL:
https://docs.aws.amazon.com/kms/latest/developereuide/concepts.htmll
The correct answers are: Password, RSA Keys Submit your Feedback/Queries to our Experts

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