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NEW QUESTION: 1
You are an investment adviser to Mr. Crochety, an elderly man who lives solely on his social security income although he managed to accumulate an investment portfolio worth about $100,000 over the years.
Mr. Crochety recently got his hands on a business publication and read about the tax-free interest paid by municipal bonds. He calls you and instructs you to sell his other investments and invest all his money in a municipal bond portfolio, so that "the government doesn't get any more of my hard-earned money." You tell Mr. Crochety that you don't believe this is a wise move because he's in such a low tax bracket that municipal bonds are not a good investment for him, but he is insistent. Based on these facts, you should
A. ignore Mr. Crochety's instruction since it is not in his best interest.
B. call Mr. Crochety's relatives and suggest they have him examined for mental instability.
C. have Mr. Crochety sign a statement of investment policy that indicates that this transaction is being executed on the client's instructions and that you have advised the client against it.
D. require Mr. Crochety to sign an affidavit of liability waiver, indicating that you will not be held responsible for any adverse consequences of this decision.
Answer: C
Explanation:
Explanation/Reference:
Explanation: Given that you have advised Mr. Crochety that this is not a wise move and he still insists on it, you should protect yourself by getting it in writing. In no case, however, can you require a client to sign an affidavit of liability waver, nor can you refuse to follow his adamant instructions.
NEW QUESTION: 2
The factors to consider in the make-or-buy decision include costs, proprietary knowledge, and:
A. design history.
B. available capacity.
C. warehouse location.
D. inventory balance.
Answer: B
NEW QUESTION: 3
Which three statements are true about Oracle Workflow and Oracle Alerts? (Choose three)
A. Workflow can wait for a user response during an activity
B. Workflow can support complex conditional logic
C. Alerts can perform only one action
D. Alerts run only when a data base record is either updated or created
E. Alerts can be configured for any frequency of occurrence
F. Alerts can perform multiple actions in sequence that you specify
Answer: A,B,F
NEW QUESTION: 4
You finish a call with an irate customer, but you know the customer is not 100% satisfied with the resolution. What should you do next?
A. Notify you manager of the situation
B. E-mail an apology to the customer
C. Wait and see if the customer calls back
D. Instruct another analyst to conduct follow-up
Answer: A
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