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NEW QUESTION: 1
Mr. Bashful, Mr. Sleepy, Mr. Doc, Mr. Grumpy, Mr. Sneezy, and Mr. Happy are all employees of S. White
Investment Advisers. Mr. Doc, Mr. Sneezy, and Mr. Happy give investment advice to the firm's clients and
manage their portfolios. Mr. Sleepy greets clients and makes cold calls to solicit more business for the
firm. Mr. Bashful performs general clerical services, such as filing. Mr. Grumpy is the office manager and
is the direct supervisor of the other five employees. Which of S. White's employees must register as
investment adviser representatives under the Investment Advisers Act of 1940?
A. only Mr. Grumpy
B. Mr. Grumpy, Mr. Doc, Mr. Sneezy, Mr. Happy, and Mr. Sleepy
C. All of them must register as investment adviser representatives.
D. Mr. Grumpy, Mr. Doc, Mr. Sneezy, and Mr. Happy
Answer: B
Explanation:
Mr. Grumpy, Mr. Doc, Mr. Sneezy, Mr. Happy, and Mr. Sleepy must register as investment
adviser representatives under the Investment Advisers Act of 1940. Only Mr. Bashful need not register
since he performs only clerical duties. Any employee who makes investment recommendations and/or
manages client portfolios and any employee who solicits or offers investment advisory services must
register. Anyone who is a supervisor to those performing these duties must also register.
NEW QUESTION: 2
A. Option A
B. Option C
C. Option D
D. Option B
Answer: B
Explanation:
Reference:http://www.tonyadamspm.com/2012/07/quality-challenging-the-pm-tripleconstraint/
NEW QUESTION: 3
Which two statements are true about the DBMS_ LOB package?
A. Before calling DBMS_LOB.CONVERTTOBLOB, both the source and destination LOB instances must exist.
B. DBMS_LOB.COMPARE is overloaded and can compare CLOBs with BLOBs.
C. If the destination LOB is a temporary LOB, the row must be locked before calling DBMS_LOB.CONVERTTOBLOB.
D. DBMS_LOB.COMPARE can compare parts of two LOBs.
E. DBMS_LOB.COMPARE returns the size difference of the compared LOBs.
Answer: A,C
Explanation:
Explanation: References:
CPSA-FL FAQ
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CPSA-FL Exam Info
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