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NEW QUESTION: 1
When an investment manager's client instructs the manager to use the client's brokerage to purchase goods or services for the client, this is known as:
A. directed brokerage and violates the manager's fiduciary duty.
B. straight brokerage and violates the manager's fiduciary duty.
C. horizontal brokerage and violates the manager's fiduciary duty.
D. directed brokerage and does not violate any fiduciary duty.
E. horizontal brokerage and does not violate any fiduciary duty.
F. straight brokerage and does not violate any fiduciary duty.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
When an investment manager's client instructs the manager to use the client's brokerage to purchase goods or services for the client, this is known as directed brokerage. Because brokerage is an asset of the client and the brokerage is used to benefit that client, not the manager, such practice does not violate fiduciary duty.
NEW QUESTION: 2
IS 감사인은 조직이 정의 된 프로세스없이 임시로 데이터 백업 및 복원 테스트를 수행하고 있음을 관찰합니다. 데이터 중단 이벤트의 결과는 무엇입니까?
A. 미래 위험 이벤트의 가능성 증가
B. 데이터 무결성 감소
C. 데이터 기밀성 감소
D. 손실 영향 증가
Answer: D
NEW QUESTION: 3
What is the main difference between correlated and pooled data?
A. A separate copy of correlated data is owned by each test agent, while pooled data is shared across all agents.
B. Correlated data is varied by the server, while pooled data is varied by the client.
C. Correlated data all comes from the same row of the table, while pooled data uses a different line for eachrequest.
D. Correlated data is varied at runtime, while pooled data is varied at record time.
Answer: B