CWT-101 Practice Questions

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NEW QUESTION: 1
Which one of the following actions will not help to ensure the fair treatment of brokerage firm clients when a new investment recommendation is made?
A. Limit the number of people in the firm who are aware in advance that a recommendation is to be disseminated.
B. Distribute recommendations to institutional clients prior to individual accounts.
C. Minimize elapsed time between the decision and the dissemination of a recommendation.
D. Monitor the trading activities of firm personnel.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
This question deals with Standard IV (B.3), Fair Dealing. All the procedures listed will help members treat clients fairly, except distributing recommendations to institutional clients prior to individual accounts. This practice discriminates among clients based on size and class of assets and is a violation of Standard IV (B.3).

NEW QUESTION: 2
For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.

Answer:
Explanation:

NEW QUESTION: 3
Refer to the exhibit. The network setup is running the RIP routing protocol. Which two events will occur following link failure between R2 and R3? (Choose two.)

A. R1 will reply to R2 with the advertisement for network 192.168.2.0/27 with a hop count of 16.
B. R2 will advertise network 192.168.2.0/27 with a hop count of 16 to R1.
C. R3 will not accept any further updates from R2, due to the split-horizon loop prevention mechanism.
D. After communication fails and after the hold-down timer expires, R1 will remove the
192.168.2.0/27 route from its routing table.
E. R2 will not send any advertisements and will remove route 192.168.2.0/27 from its routing table.
Answer: A,B

NEW QUESTION: 4
Which permission must be configured on the Career Worksheet for the Future Role to be able to populate on the Employee Profile?
A. "share" permission
B. "role" permission
C. "future" permission
D. "move" permission
Answer: A