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NEW QUESTION: 1
Consider the following list of statements about audits and management reviews:
I. Audits are usually more effective than management reviews at finding defects
II. Audits and management reviews have the same main goals, the only difference is related to the roles and level of formality
III. A typical outcome of an audit includes observations and recommendations, corrective actions and a pass/fail assessment
IV. An audit is not the appropriate mechanism to use at the code review in order to detect defects prior to dynamic testing
Which of the following statements is true?
Number of correct responses: 1
A. I, III and IV are true; II. is false;
B. II. and III are true; I. and IV. are false;
C. I. and III. are true; II. and IV. are false;
D. III. and IV. are true; I and II are false;
Answer: D

NEW QUESTION: 2
Which of the following correctly describes a difference between closed-end and open-end investment companies?
A. Shares of open-end companies sell on exchange floors; shares of closed-end companies are bought and sold through the company itself.
B. Open-end companies may invest in non-diversified portfolios; closed-end companies are required to invest only in diversified portfolios.
C. Open-end investment companies have a fixed number of shares; closed-end companies can create new shares if there are more buyers than sellers.
D. Open-end investment company shares will never be offered at a price below the net asset value per share of the fund; this is not true of closed-end companies.
Answer: D
Explanation:
Explanation/Reference:
Explanation: A difference between closed-end and open-end investment companies is that open-end investment company shares will never be offered at a price below the net asset value of the fund; this is not true of closed-end companies. The shares of open-end investment companies (mutual funds) are bought (and sold) through the company itself at net asset value or net asset value plus a load charge.
Therefore, the offer price will always be greater than or equal to the fund's net asset value per share.
Closed-end company shares are bought and sold on exchange floors, and the price is set by supply and demand, so closed-end shares may sell for less than the net asset value of the fund. Closed-end companies have a fixed number of shares. Open-end companies can create new shares if there are more buyers than sellers. Both types of management companies can be either diversified or non-diversified in their holdings.

NEW QUESTION: 3
Refer to the exhibits.
Exhibit 1

Exhibit 2

The exhibits show the current operational state for routes on Switch-3. The company wants Switch-3 to send all traffic to 172.16.0.0/16 through Switch-2.
Which single configuration change creates the desired behavior?
A. Change the OSPF external metric type to 1 on Switch-1 and Switch-3.
B. Set a cost of 15 in the redistribute static command on Switch-2.
C. Set a cost of 5 in the router ospf area 0.0.0.1 stub command on Switch-1.
D. Change the OSPF external metric type to 2 on Switch-1 and Switch-2.
Answer: B

NEW QUESTION: 4
A bank that is a government securities broker accepts money from a customer for the purchase of securities on Monday and does not purchase the securities by the end of the day
on Tuesday. Does the bank have any responsibilities under the Government Securities Act?
A. No. The bank has until the close of business on Wednesday to purchase the securities before being liable to the customer for failure to effect a purchase.
B. Yes. The bank must deposit the money in an account of the customer at the close of business on Tuesday.
C. No. The bank has fulfilled its responsibilities under the Act.
D. Yes. The bank must purchase the securities before the close of business on Wednesday.
Answer: B