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Smirlee Montero is a fixed income analyst at a small investment firm. She has been studying the subject of
"Body Language" in order to gauge the effectiveness of reading into the dispositions of people. Based on her own empirical tests carried out over the past two years involving 64 different subjects, she has concluded that during the meetings with analysts, a senior management official is usually more excited and waves hands quite often when the information like earnings report (which is released a couple of days later) is very favorable. On the other hand, if the earnings are short of expectations, the official tends to be sober and appears more introspective. There are other body signs which she uses to evaluate possible signals about the quality of information that is pending. In a recent meeting with Chronotron, Inc.'s quarterly analyst meeting, she concluded using her technique that Chronotron's earnings are very likely much lower than projected earlier. This information was not actually released in the meeting whose main focus was on the company's plans for the next quarter. In her report, Smirlee presented a detailed analysis of the publicly available information which supported her hunch and wrote, "Based on this and certain other observations, it is my opinion that Chronotron's is not doing as well as we earlier estimated. Therefore, I would recommend selling this stock before the firm releases its earnings numbers." Smirlee has:
A. has not violated any Standards.
B. violated Standard V (A) - Prohibition against use of Material, Non-Public Information.
C. violated Standard IV (A.2) - Research Reports by failing to distinguishing between fact and opinion.
D. violated Standard IV (A.1) - Reasonable Basis and Representations by using a non-conventional and controversial technique.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
There is no evidence that in her report, Smirlee has tried to pass off an opinion as fact. While her new technique is unconventional, using it would not be a violation of Standard IV (A.1) only if used in isolation.
Since she has diligently analyzed public information on Chronotron, she cannot be accused of not having a reasonable basis for recommendation. The AIMR Standard of Ethics do not prohibit a use of new techniques but rather encourage tempering them with more orthodox analysis.
A company that has 50 employees plans to purchase a Microsoft 365 Business subscription.
Which two payment methods are available? Each correct answer presents a complete solution NOTE: Each correct selection is worth one point.
A. PayPal
B. Enterprise Agreement
C. automatic bank transfer
D. credit card or debit card
Answer: A,D
You enable Flashback Data Archive for a table for which you want to track and save all transactions for four years. After some time, the requirement changes for keeping transactions from four to two years.
You execute the following command to change the requirement:
SQL> ALTER FLASHBACK ARCHIVE fdal MODIFY RETENTION 2 YEAR;
What is the outcome?
A. All historical data older than two years, if any, is archived to flashback logs and the flashback archive is set to new retention time
B. An error is returned because the retention period cannot be reduced
C. All historical data older than two years, if any, is purged from the flashback archive FDA1.
D. All the flashback data archives are purged and the subsequently created flashback archives are maintained for two years
Answer: C
A Symantec Enterprise Vault 10 .0 for Exchange (EV) administrator has monitoring data that indicates a potential problem. How can the administrator perform an immediate status check on the EV server? (Select two.)
A. Restart the EV Admin Service and check the Status section in the VAC
B. Analyze the content of the MSMQ queues
C. Use the SQL Query Analyzer on the EV Monitoring database
D. Edit the configuration file "MonitoringAgent.exe.config" using a text editor such as Notepad
E. Force the status check by entering the command ForceMonitoringUtil.exe
Answer: D,E
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