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NEW QUESTION: 1
Which market regulation introduced the requirement for guaranteeing Best Execution in the Equities market?
A. Dodd-Franks
B. MiFID
C. Basel II
D. EMIR
Answer: B

NEW QUESTION: 2
If a teleworker is required to access the branch office via a secure IPSEC VPN connection, which technology is recommended to provide the underlying transport?
A. ADSL
B. ISDN
C. Metro Ethernet
D. ATM
E. Frame Relay
Answer: A

NEW QUESTION: 3
Which of the following is the correct ratio to use in calculating the dollar value of the population if the auditor is using ratio estimation?
Number of Items
Audited Value
Carrying Amount
Sample
300
$500,000
$480,000
Population
3,000
$5,000,000
A. 0.10
B. 0.96
C. 10.00
D. 1.04
Answer: D

NEW QUESTION: 4
Assume that your company has a cost-plus-fixed-fee contract. The contract value is $110,000, which consists of $100,000 of estimated costs with a 10-percent fixed fee. Assume that your company completes the work but only incurs $80,000 in actual cost. What is the total cost to the project?
A. $125,000
B. $90,000
C. $10,0000
D. $80,000
Answer: B
Explanation:
Explanation/Reference:
Explanation:
In this situation the fixed-fee of $10,000 does not change but now represents a seller profit of 12.5 percent on incurred costs. This means that the total cost to the project is $90,000.

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