IIA IIA-CHAL-ACCTG Q&A - in .pdf

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  • Exam Name: Qualified Accountant CIA Challenge Exam
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NEW QUESTION: 1
Under which of the following scenarios can a client legitimately sue a purported professional in the securities industry and expect an award for damages?
I. The securities were sold by an agent whose registration was not yet effective with the state, but who had already applied for registration.
II. The security was a variable annuity, and the sales representative neglected to reveal the details of the surrender clause to the client.
III. The security was the stock of a company, the stock had recently been registered with the state for sale, had been granted registration, and the selling agent had told his client that the security had been state- approved for sale.
A. II and III only
B. I and III only
C. I only
D. I, II, and III
Answer: D
Explanation:
Explanation/Reference:
Explanation: All of the selections are scenarios describing instances in which a client can legitimately sue a purported professional in the securities industry and expect an award for damages. A client can legitimately sue a purported professional in the securities industry and expect an award for damages if the agent is not yet effectively registered to effect securities transactions in the state; if the professional has neglected-intentionally or otherwise-to inform the investor of all the relevant information involving the security, such as any surrender clause involved; or if the agent has indicated that a state-registered security has in any way been approved by the state.

NEW QUESTION: 2
ネゴシエーションプロトコルを使用せずに2つのスイッチ間でEtherChannelを設定するには、どちらのモードを使用する必要がありますか。
A. 望ましい
B. 自動
C. アクティブ
D. オン
Answer: D
Explanation:
Explanation
The Static Persistence (or "on" mode) bundles the links unconditionally and no negotiation protocol is used.
In this mode, neither PAgP nor LACP packets are sent or received.

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