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NEW QUESTION: 1
"Prohibited transactions" are discussed in Standard IV (B.4), Priority of Transactions. Which of the following is NOT suggested as a prohibited transaction for investment personnel?
A. municipal bonds
B. equity-based IPOs
C. equity securities
D. none of these answers
E. private placements
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Under the compliance procedures for Standard IV (B.4), members and their firms should clearly define prohibited transactions so that employees completely understand their obligations to clients and their employer. Participation by investment personnel in equity or equity-based IPOs should be restricted.
Members' firms should, for example, impose strict limits on investment personnel acquiring securities in private placements. Managers should not be prevented, however, from purchasing government issues, such as municipal bonds and/or other government securities.

NEW QUESTION: 2
A candidate sits an exam with 40 questions. To pass, the candidate must answer at least 25 questions correctly. To gain a distinction, a mark of 32 or above must be achieved. Which of these groups of exam scores would fall into three different equivalence classes?
A. 32, 36, 40
B. 0, 27, 36
C. 25, 32, 40
D. 0, 24, 32
Answer: B

NEW QUESTION: 3
What is a feature of virtual routing and forwarding (VRF)?
A. Allows different physical switches to operate as one.
B. Allows multiple instances of routing tables to co-exist within the same router at the same time.
C. Provides trunks that can be grouped to provide optimum speed.
D. Allows multiple user groups to co-exist within the same router at the same time.
Answer: B

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