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NEW QUESTION: 1
Ms. Newbie is a newly-minted registered representative. Mr. Oldman saunters into her office, becomes
infatuated with her, opens an account, and signs a document giving Ms. Newbie discretionary authority
over the account. Mr. Oldman is 68 years old, retired, lives on a fixed income, and pays taxes at the
lowest marginal tax rate available. His stated investment objectives are capital preservation and income.
Ms. Newbie invests 1/4 of his investment monies in a periodic-payment, deferred, variable annuity. Based
on these facts:
A. Ms. Newbie may lose her license before she gets started in the business for making an unauthorized
transaction.
B. Although Ms. Newbie's asset allocation for Mr. Oldman is less than optimal, she is in no danger of
losing her license or any other penalty, given that she has been given discretionary authority over the
account.
C. Ms. Newbie has a reasonable sexual harassment case against Mr. Oldman for putting her in such a
position.
D. Ms. Newbie has done a remarkable job as a newly-minted representative of allocating at least a fourth
of Mr. Oldman's funds appropriately.
Answer: A
Explanation:
If Ms. Newbie invests 1/4 of Mr. Oldman's investment monies in a periodic payment, deferred,
variable annuity, given his age and his investment objectives, she may lose her license before she gets
started in the business for making an unauthorized transaction. Even though she has discretionary
authority over the account, she must still ensure she selects investments that are suitable for her client. A
deferred, variable annuity clearly does not match Mr. Oldman's investment objectives. The value of the
contract fluctuates, for one thing, and for another, there will be no income from it initially since it is a
deferred annuity, and it probably has a surrender charge as well.

NEW QUESTION: 2
Which choices below are roles or responsibility of the person
designated to manage the contingency planning process? Select three
A. Ensuring the identification of all critical business functions
B. Integrating the planning process across business units
C. Providing direction to senior management
D. Providing stress reduction programs to employees after an event
Answer: A,B,C
Explanation:
Contingency planners have many roles and responsibilities when
planning business continuity, disaster recovery, emergency
management, or business resumption processes. In addition to
correct answers some of these roles and responsibilities
can include:
Ensuring executive management compliance with the
contingency plan program
Providing periodic management reports and status
Coordinating and integrating the activation of emergency
response organizations
Answer "Providing stress reduction programs to employees after an event", providing stress reduction programs to employees after an event, is a responsibility of the human resources area. Source: Contingency
Planning and Management, Contingency Planning 101, by
Kelley Goggins, March 1999.

NEW QUESTION: 3
While troubleshooting a hardware issue, a Synergy integrator needs to provide HPE Support with a new support dump.
What must the integrator be aware of when generating a support dump?
A. Management tasks are suspended during support dump creation.
B. Root level privileges are required to create a support dump.
C. Only two support dumps can exist on an appliance at any one time.
D. When creating a new support dump, the previous support dump is deleted.
Answer: C