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NEW QUESTION: 1

A. Option E
B. Option A
C. Option D
D. Option F
E. Option C
F. Option B
Answer: A,C,F

NEW QUESTION: 2
DRAG DROP
You have a hybrid deployment of Exchange Server 2013 and Office 365.
The mail flow between Office 365 and the on-premises Exchange Server environment is
routed through an Exchange Server 2010 Edge Transport server.
Your company is assigned a new set of public IP addresses.
A network administrator updates the external firewall address and all of the associated
DNS records.
Office 365 users report that they cannot receive email messages from on-premises users.
You discover that outgoing email messages to Office 365 are in the Office 365 SMTP
queue on an Edge server.
You need to ensure that the on-premises users can send email messages successfully to
the Office 365 users.
Which tool should you use?
A. The Exchange Admin Center
B. The Exchange Remote Connectivity Analyzer
C. The Exchange Control Panel in Office 365
D. The Exchange Management Console
Answer: A

NEW QUESTION: 3
For a ____________ sort, no matter how the data changes, the values will always stay in the sort order we kept stuff in.
A. Hierarchical
B. Manual
C. Random
D. Topological
Answer: B
Explanation:
Explanation
For a manual sort, no matter how the data changes, the values will always stay in the sort order you kept stuff in.
From the official website:

NEW QUESTION: 4
Shirley Riley, CFA, has just been promoted, from vice president of trading to chief investment officer (CIO) at Crane & Associates, LLC (CA), a large investment management firm. Riley has been with CA for eight years, but she has much to learn as she assumes her new duties as CIO. Riley has decided to hire Denny Simpson, CFA, as the new compliance officer for CA, Riley and Simpson have been reviewing procedures and policies throughout the firm and have discovered several potential issues.
Communications with Clients
Portfolio managers are encouraged to communicate with clients on a regular basis. At a minimum, managers are expected to contact clients on a quarterly basis to review portfolio performance. Each client must have an investment policy statement (IPS) created when their account is opened, specifying the objectives and constraints for their portfolio. IPSs are reviewed at client request at any time. Any time market conditions dictate a change in the investment style or strategy of a client portfolio, the client is notified immediately by phone or email.
Employee Incentive Program
CA offers several incentive programs to employees. One of the most popular of these programs is the CA IPO program. Whenever CA is involved in an initial public offering (IPO), portfolio managers are allowed to participate. The structure is simple-for every 100 shares purchased on behalf of a client, the manager is awarded five shares for his own account. The manager is thus rewarded for getting an IPO sold and at the same time is able to share in the results of the IPO. Any¬time shares are remaining 72 hours before the IPO goes public, other employees are allowed to participate on a first-come, first-serve basis. Employees seem to appreciate this opportunity, but CA does not have exact numbers on employee participation in the program.
Private Equity Fund
CA has a private equity fund that is internally managed. This fund is made available only to clients with more than $5 million in assets managed by CA, a policy that is fully disclosed in CA's marketing materials.
Roughly one-third of the fund's assets are invested in companies that are either very small capitalization or thinly traded (or both). The pricing of these securities for monthly account statements is often difficult. CA support staff get information from different sources-sometimes using third party services, sometimes using CA valuation models. In some instances, a manager of the private equity fund will enter an order during the last trading hour of the month to purchase 100 shares of one of these small securities at a modest premium to the last trade price. If the trade gets executed, that price can then be used on the account statements. The small size of these trades does not significantly affect the fund's overall position in any particular company holding, which is typically several thousand shares.
Soft Dollar Usage
Several different managers at CA use independent research in developing investment ideas. One of the more popular research services among CA managers is "Beneath the Numbers (BTN)," which focuses on potential accounting abuses at prominent companies. This service often provides early warnings of problems with a stock, allowing CA managers the opportunity to sell their clients' positions before a negative surprise lowers the price. Stocks covered by BTN are typically widely held in CA client accounts.
Managers at CA have been so happy with BTN that they have also subscribed to a new research product provided by the same authors-"Beneath the Radar (BTR)." BTR recommends small capitalization securities that are not large enough to attract much attention from large institutional investors. The results of BTR's recommendations are mixed thus far, but CA managers are willing to be patient.
As they discuss these issues, Riley informs Simpson that she is determined to bring CA into full compliance with the CFA Institute's "Asset Manager Code of Professional Conduct." The following questions should be answered with the Asset Manager Code as a guide.
Trading stocks during the last trading hour of a month to establish a fair market price:
A. is not consistent with the Asset Manager Code of Professional Conduct.
B. is acceptable so long as the trade is not material relative to the overall CA position in the security.
C. does not violate the Asset Manager Code of Professional Conduct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
This type of trading is clearly market manipulation. Even though the 100 shares may be insignificant, the trade sets the price for the entire position. Such trades, especially entered as buy orders, are an unethical attempt to manipulate prices higher and justify a higher return for the period. However, even a sell transaction made under similar circumstances would be market manipulation. (Study Session 2, LOS 6.b)

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