Convertible and other hybrid securities
Answer(s): D
Convertible and other hybrid securities must be treated consistently across and within composites. Portfolios must not be switched from one composite to another unless documented changes in client guidelines make switching appropriate. This is a requirement for creation and maintenance of composites.
To claim compliance, firms must meet
Answer(s): A
To claim compliance, firms must meet all composite, calculation, presentation and disclosure requirements of the AIMR Performance Presentation Standards. Firms are also strongly encouraged to follow the recommended standards.
Which of the following statements is NOT correct ?
Answer(s): B
Standards II through V address specific conduct, while Standard I contains principles guiding the general activities of members. This distinction should be noted.
Which of the following statements is true?
All the statements are true. Standard I contains principles that apply to the general activities of members while Standards II-V address specific conduct. In addition to complying with the requirements of the Code and Standards, members must be aware of laws and regulations of foreign jurisdictions. When the Code and Standards impose a higher degree of responsibility than applicable securities laws, members must adhere to the Code and Standards and vice-versa.
An employee has a duty of ________ to his current employer, even if he has already disclosed plans to leave within the near future.
Standard III (B) states that a departing employee is free to make preparations to go into a competitive business before terminating the relationship with the employee's current employer provided that such preparations do not breach the employee's duty of loyalty.
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question 205 answer is b
question 39, should be answer b, directions stated is being sudneted from /21 to a /23. a /23 has 512 ips so 510 hosts. and can make 4 subnets out of the /21
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question: 78 the right answer i think is d not a
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