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NEW QUESTION: 1
Benny Len is an analyst at a large Brokerage house. Benny has recently done a study analyzing two years of historical information on the returns of stocks with high PE ratios. Benny concludes that these high PE stocks generate low returns and reports that these stocks should be sold from all client portfolios.
According to CFA Institute's Standards of Professional Conduct, which Standard of Professional Conduct has been violated?
A. Standard III Duties to Clients (B: Loyalty, Prudence and Care).
B. Standard I Professionalism (B: Independence and objectivity).
C. Standard V Investment Analysis, Recommendations, and Action (A: Diligence and Reasonable Basis)
Answer: C
Explanation:
Standard V(A) - Diligence and Reasonable Basis - has been violated since Benny's conclusion is not supported by sufficient historical data. It should have been based on a more detailed historical review. Two years is NOT sufficient time to be able to generate such an opinion.
NEW QUESTION: 2
Which of the following is an output of the Conduct Procurements process?
A. Selected sellers
B. Teaming agreements
C. Risk register updates
D. Project statement of work
Answer: A
NEW QUESTION: 3
Which two statements about Automatic Call Distribution (ACD) with Expert Agent Selection (EAS) disabled are true? (Choose two.)
A. After an ACD-call, an agent will automatically change its state to AUX.
B. Agents could be logged in to 20 splits maximum.
C. Splits could be measured by Basic Call Management System (BCMS).
D. Agents should log in manually to each split.
Answer: C,D
Explanation:
Explanation: Reference Avaya Aura Call Center 6.0 Overview Page 18
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