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NEW QUESTION: 1
Institutional Investments is a fund management firm that provides investment advice as well as investment management to large client accounts. I.I.'s senior portfolio manager, Richard Fineman's cousin, Alberto Onestone, runs a small brokerage firm. Fineman has directed all of his junior portfolio managers to execute their trades with Alberto. Alberto's fees are higher than those available from discount brokers but Alberto provides Fineman and his managers a wealth of investment tips that he hears on the street. This helps Fineman in producing a successful investment newsletter. This helps enhance I.I.'s reputation, attracting new clients and allowing lower fees on all the accounts. Since the client accounts benefit from this arrangement, Fineman's managers do not think the practice is unethical. The relationship between Fineman and Onestone is not explicitly disclosed to the clients. You are currently interviewing with them for the position of a portfolio analyst. As a CFA Level I candidate, they portray the above situation as a hypothetical case and ask you if there are any violations of the AIMR code of Ethics that they have heard about. Your response should be which of the following?
I. Fineman and his managers are violating Standard IV (B.1) - Fiduciary Duties since they are not executing the trades at the lowest price available.
II. Fineman and his managers are violating Standard IV (B.1) - Fiduciary Duties since they are using client brokerage to pay for services that do not directly benefit them.
III. Fineman and his managers are violating Standard IV (B.7) - Disclosure of Conflicts to Clients and Prospects.
IV. Fineman and his managers are not violating the Code as far as you can tell from the details given.
A. II only
B. IV only
C. I, II and III
D. II and III only
Answer: D
Explanation:
Explanation/Reference:
Explanation:
By not revealing the relationship between Fineman and Onestone - which is clearly a source of conflict of interest - the managers of Institutional Investors are in violation of Standard IV (B.7) - Disclosure of Conflicts to Clients and Prospects. Further, while there is a symbiotic relationship between I.I. and Onestone to the extent that both the parties gain, the clients who pay higher brokerage lose. Even though the practice leads to lower fees, it is not clear that the clients get benefits worth the cost incurred on their accounts. Further, there is a clear sense of impropriety in the setup. Unless the excess brokerage directly benefits the client accounts, this case is a violation of Standard IV (B.1) - Fiduciary Duties.
NEW QUESTION: 2
CORRECT TEXT
*
*
*
*
* host A 192.168.78.1
* host B 192.168.78.2
* host C 192.168.78.3
* host D 192.168.78.4
Answer:
Explanation:
Please see below explanation part for details answer steps:
Explanation:
We should create an access-list and apply it to the interface that is connected to the Server
LAN because it can filter out traffic from both S2 and Core networks. To see which interface this is, use the "show ip int brief" command:
From this, we know that the servers are located on the fa0/1 interface, so we will place our numbered access list here in the outbound direction.
Corp1#configure terminal
Our access-list needs to allow host C - 192.168125.3 to the Finance Web Server
172.22.109.17 via HTTP (port 80), so our first line is this:
Corp1(config)#access-list 100 permit tcp host 192.168.125.3 host 172.22.109.17 eq 80
Then, our next two instructions are these:
* Other types of access from host C to the Finance Web Server should be blocked.
* All access from hosts in the Core or local LAN to the Finance Web Server should be blocked.
This can be accomplished with one command (which we need to do as our ACL needs to be no more than 3 lines long), blocking all other access to the finance web server:
Corp1(config)#access-list 100 deny ip any host 172.22.109.17
Our last instruction is to allow all hosts in the Core and on the local LAN access to the
Public Web Server (172.22.109.18)
Corp1(config)#access-list 100 permit ip host 172.22.109.18 any
Finally, apply this access-list to Fa0/1 interface (outbound direction)
Corp1(config)#interface fa0/1
Corp1(config-if)#ip access-group 100 out
Notice: We have to apply the access-list to Fa0/1 interface (not Fa0/0 interface) so that the access-list can filter traffic coming from both the LAN and the Core networks.
To verify, just click on host C to open its web browser. In the address box type
http://172.22.109.17 to check if you are allowed to access Finance Web Server or not. If your configuration is correct then you can access it.
Click on other hosts (A, B and D) and check to make sure you can't access Finance Web
Server from these hosts. Then, repeat to make sure they can reach the public server at
172.22.109.18. Finally, save the configuration
Corp1(config-if)#end
Corp1#copy running-config startup-config
NEW QUESTION: 3
Why should customers keep the Software Maintenance Agreement for IBM software up-to-date?
A. It provides automated fix updates via CHARM.
B. It provides software support and upgrade protection.
C. It cannot be re-instituted if it expires.
D. It provides standard 7x24 defect and non-defect support.
Answer: B
NEW QUESTION: 4
You develop data engineering solutions for a company. You must migrate data from Microsoft Azure Blob storage to an Azure SQL Data Warehouse for further transformation. You need to implement the solution.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
Explanation
Step 1: Provision an Azure SQL Data Warehouse instance.
Create a data warehouse in the Azure portal.
Step 2: Connect to the Azure SQL Data warehouse by using SQL Server Management Studio Connect to the data warehouse with SSMS (SQL Server Management Studio) Step 3: Build external tables by using the SQL Server Management Studio Create external tables for data in Azure blob storage.
You are ready to begin the process of loading data into your new data warehouse. You use external tables to load data from the Azure storage blob.
Step 4: Run Transact-SQL statements to load data.
You can use the CREATE TABLE AS SELECT (CTAS) T-SQL statement to load the data from Azure Storage Blob into new tables in your data warehouse.
References:
https://github.com/MicrosoftDocs/azure-docs/blob/master/articles/sql-data-warehouse/load-data-from-azure-blo
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