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NEW QUESTION: 1
Felix Asterix is a shrewd industry analyst working for Obelix, Inc., a brokerage firm of some repute. Asterix had invested about $50,000 in a few stocks trading on the Australian exchange a year ago. Obelix itself is not active outside the US and Asterix's transactions do not represent any violations of the company policies. One of the Australian firms whose shares Asterix holds recently applied for a dual listing on the NYSE and will begin trading in the US in a month. Asterix has advised in his recent research reports that investors would be well-off investing in this dual-listed stock. He does not reveal his holdings in the Australian stock. Felix has:
I. not violated the AIMR standard since his transactions took place long before the dual listing and he is not obligated to reveal his personal holdings.
II. violated Standard III (C) - Disclosure of Conflicts to Employer.
III. violated Standard IV (A.3) - Independence and Objectivity.
IV. violated Standard IV (B.7) - Disclosure of Conflicts to Clients and Prospects.
A. II, III and IV only
B. II and IV only
C. I only
D. II and III only
Answer: A
Explanation:
Explanation/Reference:
Explanation:
This is a classic case of potential conflict and appearance of conflict of interests. Indeed, this kind of situation is so common that it is covered by multiple AIMR standards of ethics. Asterix, as an investment advisor and analyst, should be extremely careful about any potential conflicts of interest that might be perceived as affecting the objectivity of his judgment. Clearly, his substantial Australian holdings, while not in violation of company policies when purchased, are a source of bias now that the stock is trading in the US. Felix must discuss the situation with the Compliance Department at Obelix, Inc. and if he receives the permission to continue holding the stock, should reveal his vested interests to all his potential clients. This ensures that there is no perception of unfair bias and lack of objectivity in his investment recommendations.

NEW QUESTION: 2
Which of the following sentences is true, when using the following /etc/pam.d/login file?
#%PAM-l.0 auth required /lib/security/pam_securetty.so auth required /lib/security/pam_nologin.so auth sufficient /lib/security/pam_unix.so shadow nullok md5 use_authtok auth required /lib/security/pam_ldap.so use_first_pass account sufficient /lib/security/pam_unix.so account required /lib/security/pam_ldap.so password required /lib/security/pam_cracklib.so password sufficient /lib/security/pam_unix.so nullok use_authtok md5 shadow password required /lib/security/pam_ldap.so use_first_pass
session optional /lib/security/pam_console.so
session sufficient /lib/security/pam_unix.so
session required /lib/security/pam_ldap.so
A. Only local users will be able to log in, when the file/etc/nologin exists
B. All users will be authenticated against the LDAP directory
C. Ordinary users will be able to change their password to be blank
D. If the control flags for auth were changed to required, local users wouldn't be able to log in
E. This is the only file needed to configure LDAP authentication on Linux
Answer: C

NEW QUESTION: 3
The throughput rate is the rate at which individuals, once enrolled, can be processed and identified or authenticated by a biometric system. Acceptable throughput rates are in the range of:
A. 100 subjects per minute.
B. 25 subjects per minute.
C. 10 subjects per minute.
D. 50 subjects per minute.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In addition to the accuracy of the biometric systems, there are other factors that must also be considered.
These factors include the enrollment time, the throughput rate, and acceptability.
The throughput rate is the rate at which individuals, once enrolled, can be processed and identified or authenticated by a system. Acceptable throughput rates are in the range of 10 subjects per minute.
Incorrect Answers:
A: 100 subjects per minute is just over half a second per user. This is way faster than is necessary.
B: 25 subjects per minute is less than 3 seconds per user. This is faster than necessary as people using a biometric scanner would not use it that quickly.
D: 50 subjects per minute is just over one second per user. This is faster than necessary as people using a biometric scanner would not use it that quickly.
References:
Krutz, Ronald L. and Russell Dean Vines, The CISSP and CAP Prep Guide: Mastering CISSP and CAP, Wiley Publishing, Indianapolis, 2007, p. 59

NEW QUESTION: 4
If a team member, when facing schedule delays and cost overruns, develops several alternatives for completing the project successfully on schedule and within budget and asks questions such as, "Can we do it?," "If we do it what are the consequences?," and "Is it really worth the effort involved?," he or she is primarily motivated by the______________
A. Expectancy Theory
B. Equity Theory
C. Contingency Theory
D. Reinforcement Theory
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Developed by Victor Vroom, Expectancy Theory asserts that people think seriously about how much effort they should put into a task before doing it. Motivation is linked to an expectation of a favorable outcome. It is based on the concept that people choose behaviors that they believe will lead to desired rewards and outcomes.

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