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NEW QUESTION: 1
Mr. Donald is the owner and CEO of Just Ducky Broker-Dealers. His wife, Ms. Daisy handles all the
ministerial duties for the firm. The firm has three other employees. Huey is the municipal bond specialist
and handles client trades in municipal securities only; Dewey handles only mutual fund sales for clients;
Louie handles all aspects of client trading in stocks, corporate bonds, and options. Which of the following
statements regarding the minimum FINRA registration requirements for these individuals is true?
A. Under FINRA rules, Mr. Donald must register as a principal, Dewey must be registered as a limited
securities representative, and Louie must be registered as a general securities representative. Daisy and
Huey need not be registered.
B. Mr. Donald, Huey, Dewey and Louie must all be registered as general securities representatives in
accordance with FINRA rules.
C. Mr. Donald, Ms. Daisy, Dewey and Louie must be registered as general securities representatives, and
Huey must be registered as a limited securities representative under FINRA rules.
D. Mr. Donald and Ms. Daisy must be registered as principals, and the other three must be registered as
general securities representatives under FINRA rules.
Answer: A
Explanation:
The true statement regarding FINRA registration requirements for the individuals is that Mr.
Donald must register as a principal; Dewey must be registered as a limited securities representative; and
Louie must be registered as a general securities representative. Daisy and Huey need not be registered.
Mr. Donald is actively involved in the management of Just Ducky and, as such, he must register as a
principal. Dewey handles mutual fund sales and, at a minimum, must be licensed as a limited
representative. Louie, who executes stock, bond, and option transactions, must be licensed as a general
securities representative. Huey is exempt from registration requirements since he trades in municipal
securities only. Daisy is exempt since she handles only the ministerial duties of the firm.

NEW QUESTION: 2
You work for a clothing retailer. Which of the following corporate issues is NOT related to ethics or social responsibility?
A. Whether your clothes appeal to your target markets
B. Sweatshop labor
C. The use of natural or organic material in your clothes
D. Knowingly selling fake versions of this season's high profile designer clothes
Answer: A

NEW QUESTION: 3
Which of the following steps allow you to create a test system (system A) based on a productive SAP HANA standalone system (system B)? (Choose two)
A. Copy the data and log volume files from system B to system A.
B. Copy a snapshot from system B to system A.
C. Restore a complete database backup from system B to system A.
D. Export the data from system B to a file share and import the data to system
Answer: A,C