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NEW QUESTION: 1
Kerry Sol is an investment manager who uses client brokerage to purchase research from a broker.
Kerry directs all of her equity investing client's brokerage through this broker. The amount paid for the research was reasonable. The research obtained relates to debt securities. These debt securities are not suitable for her equity-investing clients. Has Kerry violated CFA Institute's Standards of Professional
Conduct?
A. Yes, since client brokerage may not be used to purchase research.
B. Yes, since the research obtained is not suitable for her equity investing clients.
C. No, since client brokerage was used to purchase research and the amount paid for research was reasonable.
Answer: B
Explanation:
The standard has been violated since the research obtained is not suitable for her equity investing clients and therefore her equity investing clients' brokerage can not be directed to this broker to obtain such research.

NEW QUESTION: 2
Which three products comprise the Collaboration Bundle? (Choose three.)
A. Avaya Session Border Controller for Enterprise (SBCE).
B. Avaya Aura(R) Application Enablement Services
C. Avaya Aura(R) Media Server (AAMS).
D. Avaya Scopia Solution
E. Avaya Aura(R) Conferencing (AAC)
Answer: C,D,E

NEW QUESTION: 3
What happens when either the number of requirements or level of formality increase?
A. More time is required to complete the project.
B. Rejecting requirements is likely to increase.
C. Developing new requirements becomes difficult.
D. More effort is needed to trace requirements.
Answer: A