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NEW QUESTION: 1
Meriam Mastrani is a senior member of "The Seven Samurai," a high-flying hedge fund. Meriam supervises a group of 6 portfolio managers and is also involved in advising some independent clients. To prevent violations of securities laws at the firm, Meriam has instituted some standard procedures in conjunction with the Compliance Department. However, for the past 6 months, he has been extremely busy catering to his clients to be able to check on the weekly compliance reports. Meriam does not have a deputy whom he can delegate his duties to. No violations of any laws have been detected at The Seven Samurai. Meriam has
A. violated Standard III (B) - Duty to the Employer.
B. violated Standard III (E) - Responsibilities of Supervisors.
C. none of these answers.
D. has not violated any standard in the AIMR code of ethics.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Standard III (E) - Responsibilities of Supervisors - requires that supervisors must take reasonable care to ensure that their subordinates do not violate any laws or the code of conduct. This includes designing effective procedures to deter fraudulent activity. However, merely enacting such procedures does not fulfill the member's duties. If steps are not taken to make sure that the restrictions are being abided by, the member could be deemed in violation of Standard III (E). By not keeping track of the activities of his subordinates for an extended period of time and not having a deputy to whom such a duty could be delegated, Meriam has violated Standard III (E).
NEW QUESTION: 2
Which packets are used by the DHC1W6 client and the DHCR6 server to determine whether the client uses DFICPv6 stolent autoconfiguration or DHCR stateless autoconfiguration? (Multiple choice)
A. 13 NA
B. DA
C. NS
D. RS
Answer: B,D
NEW QUESTION: 3
I would like to define a goal that shows up on all employees' plans in an organization. Each employee should be able to edit this goal on his or her goal plan and this goal should not be pushed down from a direct manager.
Which of the options below would be the best choice for this scenario?
Please choose the correct answer.
Response:
A. Create and assign a Group Goal
B. Cascade goals
C. Link goals
D. Goal Import (Beta Goal Import)
Answer: A