CS0-003 Practice Questions

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NEW QUESTION: 1
Which of the following describes a prohibited practice in the sale of shares of investment companies?
I. Sandy Slacker hands her client the fund's prospectus and tells him that the prospectus will provide him
all that he needs to know about loads and fees associated with the fund.
II. Elliot Eager tells a client who has an investment objective that includes current income that a certain
bond fund has a current yield of 8% and provides the client with a prospectus so that the client can peruse
the average annual returns that the fund has generated in past years when the client has the time.
III. After explaining all the fees and loads involved in two different bond funds as well as the difference
between current yield and total return, Patty shows the client the data on the average annual returns that
the two bond funds provided. She explains to the client that the municipal bond fund has a lower yield
than the similar-risk corporate bond fund because the interest income the client will receive from the
municipal bond fund will be free from federal taxation, while the interest income on the corporate bond
fund is fully taxable.
A. I and II only
B. All the choices describe prohibited practices in the sale of shares of investment companies.
C. I only
D. I and III only
Answer: A
Explanation:
Only the scenarios described in Selections I and II represent prohibited practices. The
NASAA rules state that it is not enough to hand a client a prospectus, but that the agent must fully explain
all sales charges and also to explain the difference between current yield and total return to the client and
present that client with the fund's most recent average annual returns over the past year, 5-year, and
1 0-year periods. Sandy and Elliot have not done this in the scenarios described. In Selection III, Patty has
done so and has also provided the client with accurate and useful information regarding why a municipal
bond offers a lower yield than a corporate bond fund.

NEW QUESTION: 2
A company named Fabrikam, Ltd. has an Exchange Server 2013 organization that contains two servers.
The servers are configured as shown in the following table.

You configure the internal and external namespaces named mail.fabrikam.com and autodiscover.fabrikam.com to point to EX2.
You configure Outlook Anywhere on EX1 as shown in the following table.

You configure Outlook Anywhere on EX2 as shown in the following table.

You need to ensure that all of the users on EX1 can connect to their mailbox by using
Microsoft Outlook from the Internet.
What should you do?
A. Disable Outlook Anywhere on EX1.
B. Change the authentication settings of EX2.
C. Disable IPv6 on EX1.
D. Change the authentication settings of EX1.
Answer: D

NEW QUESTION: 3

A. iBGP
B. RIP
C. OSPF
D. EIGRP
Answer: D