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NEW QUESTION: 1
Ms. Newbie is a newly-minted registered representative. Mr. Oldman saunters into her office, becomes infatuated with her, opens an account, and signs a document giving Ms. Newbie discretionary authority over the account. Mr. Oldman is 68 years old, retired, lives on a fixed income, and pays taxes at the lowest marginal tax rate available. His stated investment objectives are capital preservation and income. Ms.
Newbie invests ¼ of his investment monies in a periodic-payment, deferred, variable annuity. Based on these facts:
A. Ms. Newbie may lose her license before she gets started in the business for making an unauthorized transaction.
B. Ms. Newbie has a reasonable sexual harassment case against Mr. Oldman for putting her in such a position.
C. Ms. Newbie has done a remarkable job as a newly-minted representative of allocating at least a fourth of Mr. Oldman's funds appropriately.
D. Although Ms. Newbie's asset allocation for Mr. Oldman is less than optimal, she is in no danger of losing her license or any other penalty, given that she has been given discretionary authority over the account.
Answer: A
Explanation:
Explanation/Reference:
Explanation: If Ms. Newbie invests ¼ of Mr. Oldman's investment monies in a periodic payment, deferred, variable annuity, given his age and his investment objectives, she may lose her license before she gets started in the business for making an unauthorized transaction. Even though she has discretionary authority over the account, she must still ensure she selects investments that are suitable for her client. A deferred, variable annuity clearly does not match Mr. Oldman's investment objectives. The value of the contract fluctuates, for one thing, and for another, there will be no income from it initially since it is a deferred annuity, and it probably has a surrender charge as well.

NEW QUESTION: 2
HOTSPOT
Your network contains an Active Directory domain named contoso.com. All servers run Windows Server 2012 R2.
System Center 2012 R2 Virtual Machine Manager (VMM) is deployed to the domain.
In VMM, you create a host group named HostGroup1. You add a 16-node Hyper-V failover cluster to HostGroup1.
From Windows PowerShell, you run the following commands:

Use the drop-down menus to select the answer choice that completes each statement.


Answer:
Explanation:


NEW QUESTION: 3
Universal Containers wants to maintain Service Level Agreements on its customer cases. Customers are
provided different service levels based on their Services agreement. The VP of Customer Service wants to use
Service Cloud to track and ensure senior management is alerted when cases have NOT completed certain
stages.
Which Service Cloud feature should the Consultant recommend to address this requirement?
A. Salesforce Console
B. Case Assignment
C. Entitlements and Milestones
D. Case Escalation
Answer: C


Vault-Associate FAQ

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