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NEW QUESTION: 1
In accordance with the National Securities Markets Improvement Act of 1996, which of the following is a
federal covered adviser and, therefore, exempt from registering with the state Administrator?
I. An adviser who does business in 26 states.
II. An adviser who manages the portfolio of a mutual fund that is registered with the SEC.
III. An adviser with $35 million in assets under management
A. All of the selections meet the qualifications of a federal covered adviser.
B. II and III only
C. I and II only
D. I and III only
Answer: B
Explanation:
The advisers described in Selections II and III are federal covered advisers and, therefore,
exempt from registering with the state Administrator. An adviser who advises a registered investment
company, as in Selection II, and an adviser with over $30 million in assets under management, as in
Selection III are exempt. In order to be exempt from registration, the adviser in Selection I would have to
be doing business in more than 30 states.

NEW QUESTION: 2

A. project close
B. deployment
C. quality management
D. operations
Answer: D

NEW QUESTION: 3
Using standard metrics, what is the maximum path cost in IS-IS?
A. 0
B. 1
C. 2
D. 3
Answer: A