CGRC Practice Questions

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NEW QUESTION: 1
Which of the following are true statements about a Project Brief?
1. Used to provide a foundation for the Initiating a Project process
2. Created in the Starting up a Project process
3. Used by the Project Board to make an assessment of a project's progress
4. Used as the basis of the Project Initiation Documentation
A. 1, 2, 4
B. 1, 3, 4
C. 2, 3, 4
D. 1, 2, 3
Answer: A

NEW QUESTION: 2
When an investment manager uses client brokerage to purchase research services that benefit the investment manager; this is known as ________.
A. under-the-table agreements
B. soft dollars
C. shifting agreements
D. through-research agreements
E. bartering arrangements
Answer: B
Explanation:
Explanation/Reference:
Explanation:
An investment manager often has discretion over the selection of brokers executing transactions. Conflicts arise when an investment manager uses client brokerage to purchase research services that benefit the investment manager, which is commonly called "soft dollars," "soft pounds," or "soft commissions." Whenever a manager uses such client brokerage to purchase services that benefit him, as a fiduciary, he must disclose to clients the methods or policies followed to address the potential conflict.

NEW QUESTION: 3
Which is the CORRECT list for the three levels of a multi level Service Level Agreement(SLA)?
A. Corporate, Customer, Technology
B. Technology, Customer, User
C. Service, User, IT
D. Corporate, Customer, Service
Answer: D