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NEW QUESTION: 1
Which of the following must be true for a fund to be called a "no load" fund?
I. The fund can have no front-end load.
II. The fund can have no contingent deferred sales charge.
III. The fund can charge no 12b-1 fees.
IV. The fund cannot charge investors an exchange fee.
A. Only I must be true.
B. Only I and II must be true.
C. I, II, and III must all be true.
D. I, II, III, and IV must all be true.
Answer: B
Explanation:
Only Statements I and II must be true for a fund to be called a "no load" fund. The fund can
have no front-end load, and it can have no contingent deferred sales charge. It can, however, charge
1 2b-1 fees, as long as the 12b-1 fees do not exceed 0.25% of the fund's average net assets, and it can
charge investors an exchange fee when they elect to switch their monies from one fund to another.

NEW QUESTION: 2
Which of the following statements is false? Select the correct answer.
A. The WS-I is an industry standards organization that provides basic profiles to help foster
interoperability among solutions based on XML and Web services industry standards.
B. OASIS is an industry standards organization that has developed a number of important
technology specifications, including WS-BPEL and UDDI.
C. The OAS-C is an industry standards organization that has developed a number of
important technology specifications, including WS-Security and XML Schema.
D. The W3C is a standards organization that has developed a number of important
technology specifications, including SOAP, WSDL, and WS-Addressing.
Answer: C

NEW QUESTION: 3
What schema or report definition type is used to find all promotions during a specific time period?
Please choose the correct answer.
Response:
A. Person and Employment Audit
B. Employee Central
C. Recurring Compensation Information (Date Range)
D. Job Information (Date Range)
Answer: D