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Vendor: BCS

Exam Code: CTFL4 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
In which of the following scenarios is an investment adviser representative required to disclose the fact
that someone other than the representative performed the research on which his advice to the client is
based?
I. The investment adviser representative recommends the same asset allocation for his client that a buddy
of his did after his buddy had done some research for a client with similar characteristics.
II. The investment adviser representative provides a recommendation for his client based on research
provided by a broker-dealer that provides the investment adviser with its analysts' recommendations in
return for trades that the investment adviser executes using the services of the broker-dealer, as well as a
couple of other research sources he finds on the internet.
III. The investment adviser representative submitted his client's information to a data base that provided a
recommendation for the asset allocation of the client's investment monies that the adviser deemed was
sound and, therefore, recommended it to his client.
A. I and III only
B. I only
C. III only
D. II only
Answer: A
Explanation:
An investment adviser representative is required to disclose the fact that someone else
performed the research on which advice to the client is based in scenarios described in I and III only. If the
representative provides a recommendation to the client based solely on the recommendations provided
by others to whom he provided the data, he must disclose this. However, if the adviser representative has
based his recommendations on his own assessment of analysts' reports and recommendations, as is
suggested in Selection II, then there is no disclosure requirement.

NEW QUESTION: 2
The cost of implementing a security control should not exceed the:
A. cost of an incident.
B. annualized loss expectancy.
C. asset value.
D. implementation opportunity costs.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The cost of implementing security controls should not exceed the worth of the asset. Annualized loss expectancy represents the losses drat are expected to happen during a single calendar year. A security mechanism may cost more than this amount (or the cost of a single incident) and still be considered cost effective. Opportunity costs relate to revenue lost by forgoing the acquisition of an item or the making of a business decision.

NEW QUESTION: 3
Note: This question is part of a series of questions that use the same scenario. For your convenience .......... repeated in each question. Each question presents a different goal and answer choices, but the test ........... exactly the same in each question in this series.
Start of repeated scenario
Your network contains an Active Directory domain named contoso.com. The functional level of the forest ............. Windows Server 2008 R2. All servers in the domain run
Windows Server 2016 Standard. The domain ....... that run either Windows 8.1 or Windows
10.
The domain contain nine servers that are configured as shown in the following table.
A. Smart Paging
B. live migration
C. Dynamic Memory
D. Numa spanning
Answer: B

NEW QUESTION: 4
Which of the following is an advantage of cloud computing that can enhance business value?
A. Fixed costs
B. Security
C. Scalability
D. Hardware dependence
Answer: C


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