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NEW QUESTION: 1
A standard must be measurable, attainable, and necessary. What is meant by 'attainable' in this context?
A. Given current resources and time frame; the standard can reasonably be complied with every time.
B. Given current time frame; the standard can reasonably be complied with given resources.
C. Given current resources; the standard can reasonably be complied within this time frame.
D. Given current resources and time frame; the standard can reasonably be complied with in this cycle.
Answer: A
NEW QUESTION: 2
According to Standard IV (B.7), Disclosure of Conflicts, service on a board of directors poses which of the following as a basic conflict of interest?
A. Investment personnel who serve as directors may receive securities or the option to purchase securities of the company as compensation for serving on the board.
B. Opportunity to receive material nonpublic information.
C. None of these answers.
D. All of these answers.
E. Fiduciary duties owed to clients and the duties owed to shareholders.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Under Standard IV (B.7), service as a director poses all three statements as basic conflicts of interest.
Hence, when members providing investment service serve also as directors, they should be isolated from those making investment decisions by the use of Fire Walls or similar restrictions.
NEW QUESTION: 3
A. ES
B. fr
C. U8
D. Es
E. FR
F. u8
Answer: A,E
Explanation:
Language codes are defined by ISO 639, an international standard that assigns two- and three-letter codes tomost languages of the world. Locale uses the two-letter codes to identify the target language.
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