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NEW QUESTION: 1
A-2-Z Associates advertises itself as a full service brokerage firm that will buy and sell securities for its clients, as well as provide investment advice to them. Its brochure provides a variety of plans to which a client can subscribe. The basic plan is the cheapest and allows the client a maximum number of trades per month for a specified fee. Another, slightly more expensive, plan provides the client with the same maximum number of trades per month, but the client also receives a personalized quarterly review of his portfolio along with advice for restructuring his portfolio based on such factors as current market conditions and specific industry or company information. The most expensive plan is one in which the client is assigned to an individual portfolio manager, who will take total responsibility for the asset allocation of the client's portfolio and will provide the client with monthly reports. Based on the services A-2-Z provides, it must register with the state as:
A. both a broker-dealer and an investment adviser.
B. a broker-dealer.
C. an investment adviser.
D. an investment adviser representative.
Answer: A
Explanation:
Explanation/Reference:
Explanation: Based on the services A-2-Z provides, it must register with the state as both a broker-dealer and an investment adviser. It is receiving compensation as a broker-dealer for executing purchases and sales of securities for its clients under its basic plan, but it is receiving additional compensation for acting as an investment adviser under the two higher level plans.

NEW QUESTION: 2
Which of the following HIPs Client features, when enabled, allows the user to make decisions on allowing or denying traffic to the local host?
A. Learn mode
B. Inherit mode
C. Adaptive mode
D. Listening mode
Answer: A

NEW QUESTION: 3
What are the benefits of Huawei Cloud in the SAP HANA development test environment?
A. Resilience and flexibility, make full use of the resource flexibility of the public cloud and export broadband, in the peak business, a part of the access pressure through the public cloud Uninstall, automatically expand to the public cloud, release public cloud resources after the peak business, save costs
B. All of the above
C. Hierarchical deployment, offline deployment of core production systems to ensure data security, high performance, front-end business, innovative applications and SAP development testing Deployed on the cloud, making full use of cloud-only security protection system and resource flexibility
D. Business expansion, when the business grows rapidly, the traditional data center is limited in expansion, the construction period is long, the cost is high, and the security and disaster recovery design complex. Huawei's Hybrid Cloud can quickly expand its business, seamlessly connect online and offline, and consistently use the experience to reduce management costs.
E. Flexibility, development/testing work is highly flexible, they are often required to copy/clone, and the number of instances at any one point in time The amount is very different in the development stage. Put these workloads on the cloud, you can use the functions on the cloud to quickly copy clones, and only for the Service payment
Answer: E