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A. False
B. True
Answer: B
NEW QUESTION: 2
Kent Hold is tendering for a future client. He informs the client that he is an expert portfolio manager and has averaged a 30% annual return for his clients over the past two years. However Kent does not inform his client is that in this time period he only managed two accounts. In addition a large part of the return that he achieved was as a result of a large delisting. Without this delisting the return would have only been 12% average per annum.
Has Kent violated the Standards of Professional Conduct?
A. Yes, because his statements do not fairly and accurately reflect his track record.
B. No, because the 30% return is in fact a true record of Kent's performance.
C. Yes, because he did not consider the clients investment preferences when stating his performance.
Answer: A
Explanation:
A misrepresentation is any untrue statement of a fact or any statement that is otherwise false or misleading. Although Kent's statement is factually correct they are misleading since his statements do not fairly and accurately reflect his track record.
NEW QUESTION: 3
Refer to the exhibit. Which configuration on the HSRP neighboring device ensures that it becomes the active HSRP device in the event that port fa1/1 on Switch_A goes down?
A:
B:
C:
D:
A. Option A
B. Option B
C. Option C
D. Option D
Answer: C
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