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NEW QUESTION: 1
HOTSPOT


Answer:
Explanation:

Explanation:

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NEW QUESTION: 2

A. Option H
B. Option A
C. Option F
D. Option D
E. Option B
F. Option G
G. Option C
H. Option E
Answer: E

NEW QUESTION: 3
Benny Len is an analyst at a large Brokerage firm. Benny has recently visited the Head of operations at company HTY with the view to writing a report on them. The operations director presents Benny with three production scenarios for the coming year, the optimistic, pessimistic and realistic scenarios. When
Benny writes his report he only uses the optimistic production scenario but does not report this as the optimistic scenario, rather he reports these numbers as the numbers that are likely to be achieved. Based on this scenario Benny recommends that the entire firm's clients purchase HTY stock. Has Benny violated the Code and Standards?
A. Yes, Benny should have had his report checked by the head of Equity research before releasing it to the firm's clients.
B. No, Benny truly believed that the optimistic production numbers would be achieved.
C. Yes, Benny should have reported all three production scenarios when writing his report.
Answer: C
Explanation:
Benny should have reported all three production scenarios when writing his report even if he believed that the optimistic scenarios was the correct one, as this will reflect all the possible outcomes of the business for the coming year. By only reporting the most optimistic scenario Benny is misleading the
Firm's clients.

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