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Which of the following statements about mutual funds is false?
A. Mutual funds are organized under state law.
B. Mutual funds may be either actively or passively managed.
C. Mutual funds may be organized as corporations, statutory trusts, or partnerships.
D. Mutual funds issue redeemable shares.
Answer: C
Explanation:
Explanation/Reference:
Explanation: The false statement is that mutual funds may be organized as corporations, statutory trusts, or partnerships. Mutual funds may be organized only as corporations or statutory (business) trusts.
NEW QUESTION: 2
How does a geodatabase topology ensure data integrity and maintain the spatial relationships between features?
A. enforces referential integrity between a feature class and a related feature class
B. specifies a valid set of topological values for an attribute
C. validates the features of a geodatabase against a set of topology rules
D. groups records in a feature class, based on an attribute field
Answer: C
Explanation:
Reference:http://www.esri.com/library/whitepapers/pdfs/geodatabase-topology.pdf(page 5, overview)
NEW QUESTION: 3
An organization has implemented a software system that requires a supervisor to approve transactions that would cause treasury dealers to exceed their authorized limit. This is an example of which of the following types of controls?
A. Directive controls.
B. Soft controls.
C. Preventive controls.
D. Detective controls.
Answer: C
NEW QUESTION: 4
Which role should you assign to User1?
A. Security administrator
B. User administrator
C. Global administrator
D. Privileged role administrator
Answer: A
Explanation:
Explanation
https://docs.microsoft.com/en-us/azure/active-directory/privileged-identity-management/pim-how-to-give-access
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