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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. I, II, and III must all be true.
B. Only I must be true.
C. I, II, III, and IV must all be true.
D. Only I and II must be true.
Answer: D
Explanation:
Explanation/Reference:
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 12b-
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
A retail bank has had a number of issues in regards to the integrity of sensitive information across all of its customer databases. This has resulted in the bank's share price decreasing in value by 50% and regulatory intervention and monitoring.
The new Chief Information Security Officer (CISO) as a result has initiated a program of work to solve the issues.
The business has specified that the solution needs to be enterprise grade and meet the following requirements:
In order to solve this problem, which of the following security solutions will BEST meet the above requirements? (Select THREE).
A. Manually pull the logs from the major platforms, applications, and infrastructures to a central secure server.
B. Implement a security operations center to provide real time monitoring and incident response with self service reporting capability.
C. Implement a security operations center to provide real time monitoring and incident response and an event correlation dashboard with self service reporting capability.
D. Implement an aggregation based SIEM solution to be deployed on the log servers of the major platforms, applications, and infrastructure.
E. Ensure appropriate auditing is enabled to capture the required information.
F. Ensure that the network operations center has the tools to provide real time monitoring and incident response and an event correlation dashboard with self service reporting capabilities.
G. Implement an agent only based SIEM solution to be deployed on all major platforms, applications, and infrastructures.
Answer: C,D,E
NEW QUESTION: 3
Who selects the appropriate processes for a project?
A. Project sponsor and project stakeholder
B. Project stakeholders
C. Project manager and project team
D. Project manager and project sponsor
Answer: C
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