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NEW QUESTION: 1
Ms. Newbie, a newly-minted registered representative with Savvy Investments, just had her first client walk through the door. The new account form that the client receives a copy of must contain the signatures of:
I. the client.
II. Ms. Newbie.
III. Ms. Newbie's branch manager/supervisor.
A. II and III only
B. I only
C. I, II, and III
D. I and II only
Answer: A
Explanation:
Explanation/Reference:
Explanation: The new account form that Ms. Newbie's client will receive must contain the signatures of both Ms. Newbie and her branch manager/supervisor. The signature of the client is not a requirement.
NEW QUESTION: 2
APB Opinion No. 28, Interim Financial Reporting, concluded that interim financial reporting should be
viewed primarily in which of the following ways?
A. As if the interim period were an annual accounting period.
B. As reporting under a comprehensive basis of accounting other than GAAP.
C. As reporting for an integral part of an annual period.
D. As useful only if activity is spread evenly throughout the year.
Answer: C
Explanation:
Choice "c" is correct. Interim financial reporting should be viewed as reporting for an integral part of an
annual period.
Choices "a", "b", and "d" are incorrect, per the above rule.
NEW QUESTION: 3
Which of the following rules are based on business rules (models)? 3 BPC440
A. Allocation
B. Driver-based calculation
C. Elimination and adjustment
D. Currency translation
E. Account-based calculation
Answer: C,D,E
NEW QUESTION: 4
Refer to the exhibit. The enterprise has decided to use the network address 172.16.0.0. The network administrator needs to design a classful addressing scheme to accommodate the three subnets, with 30,
40, and 50 hosts, as shown. Which subnet mask would accommodate this network?
A. 255.255.255.248
B. 255.255.255.224
C. 255.255.255.252
D. 255.255.255.240
E. 255.255.255.192
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Subnet mask A i.e. 255.255.255.192 with CIDR of /26 which means 64 hosts per subnet which are sufficient to accommodate even the largest subnet of 50 hosts.
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