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NEW QUESTION: 1
An agent working for a broker-dealer mistakenly sends an investment adviser some bonds that the
adviser purchased on behalf of his client instead of directing the bonds to the financial institution that is
serving as the qualified custodian of the client's funds. If the investment adviser wants to avoid being
considered custodian of this client's account, what must the adviser do?
A. Record what securities were sent, when he received them, and when he forwarded them--which must
be within three business days-to his client.
B. Record what securities were sent, when he received them, and when he forwarded them--which must
be within twenty-four hours-to his client.
C. Record what securities were sent, when he received them, and when he forwarded them--which
D. Record what securities were sent, when he received them, and when he forwarded them--which must
be within twenty-four hours-to the qualified custodian of the client's funds.
Answer: B
Explanation:
In order to avoid being considered custodian of his client's account, the investment adviser
needs to record what securities he had been sent, when he received them, and when he returned
them-which must be within three business days-to the sender.
NEW QUESTION: 2
A. Option D
B. Option B
C. Option C
D. Option A
Answer: B,D
NEW QUESTION: 3
You are designing a wireless network in a medical facility. Which three areas are bad
locations in which to install a wireless access point? (Choose three.)
A. next to the electrical room
B. near medical imaging devices
C. inside offices
D. in the lobby
E. in the hallways
F. in front of the elevators doors
Answer: A,B,F
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