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NEW QUESTION: 1
Which of the following is an example of commingling?
A. All of the above are examples of commingling.
B. Sly is an agent with a broker-dealer who recently executed a stock purchase for his client and had the
client make the check for the purchase out to Sly for deposit in Sly's broker-dealer account.
C. In order to generate more commissions for herself Ms. Fox makes trades on some of her client's
accounts and has the trade confirmations sent to a P.O box she owns.
D. Mr. Hawk encourages his clients to leave their securities in "street name" with the broker-dealer for
which Mr. Hawk works.
Answer: B
Explanation:
When Sly has his client pay for a stock purchase by making the check out to Sly himself, he
has engaged in the prohibited practice of commingling. Ms. Fox is also engaged in a prohibited practice,
but she is engaged in making unauthorized transactions. Mr. Hawk is doing nothing wrong. It is typical for
clients to leave securities on deposit with their broker-dealers in what is called "street name." This makes
it easier for the client to sell the securities later on since he physically will not have to deliver the securities
to the broker, for one thing.
NEW QUESTION: 2
Customer demand is 120 units per week. The company works on a 9-hour shift per day, 5-day per week basis. Each shift has a 1/2-hour lunch break and two 15-minute coffee breaks. The cycle time is 12 minutes. To meet demand, production must occur at the rate of one unit every:
A. 28 minutes.
B. 12 minutes.
C. 20 minutes.
D. 22.5 minutes.
Answer: C
NEW QUESTION: 3
A 15-year-old client was diagnosed as having cystic fibrosis at 8 months of age. He is in the hospital for a course of IV antibiotic therapy and vigorous chest physiotherapy. He has a poor appetite. The nurse can best help him to meet the desired outcome of consuming a prescribed number of calories by:
A. Including the client in planning sessions to select the type of meal plan and foods for his diet
B. Constantly providing him with chips, dips, and candies, because the number of calories consumed is more important than the quality of foods
C. Working with the nutritionist to devise a diet with significantly increased calories
D. Selecting foods for the client's diet that are high in calories and instituting a strict calorie count
Answer: A
Explanation:
Explanation/Reference:
Explanation:
(A) The adolescent knows what he likes and will be more likely to eat if he has some control over his diet.
(B) The nurses and nutritionist can plan an excellent diet, but it will not help the adolescent unless he eats it. (C) Eating is already a chore for this client. Adding a strict calorie count could make it even more burdensome. (D) Fats are particularly difficult for the cystic fibrosis client to digest. He does need a healthful diet, not just more calories.