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NEW QUESTION: 1
The primary determinant of a fiduciary's powers and duties are to be found in the ________.
A. FDIC General Rules
B. ERISA Funding Guidelines
C. none of these answers
D. governing documents (trust documents & investment management agreements)
E. ERISA Statement of Procedures
F. board of director's meeting minutes
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Fiduciaries must manage any pool of assets in their control in accordance with the terms of the governing documents (such as trust documents and investment management agreements), which are the primary determinant of a fiduciary's powers and duties. Whenever their actions are contrary to provisions of those instruments or applicable law, fiduciaries are exposed to liability through litigation brought by parties at interest.

NEW QUESTION: 2

A. Option A
B. Option D
C. Option C
D. Option B
Answer: A

NEW QUESTION: 3
From which module must a manager or supervior review and authorize the service when end user submits an order in the prime service catalog?
A. Order Management
B. Requisition
C. Administration
D. Service e Request
Answer: A

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