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NEW QUESTION: 1
The star topology is different from buses and rings in that:
A. Data never passes through a single central point.
B. The star topology is harder to expand.
C. All data flows through a central hub.
D. The star topology allows only limited network control.
Answer: C
NEW QUESTION: 2
A network technician at a warehouse must implement a solution that will allow a company to track shipments as they enter and leave the facility. Additionally, warehouse workers must be able to scan and concurrently upload large images of items to a central server. Which of the following technologies is BEST suited in this facility? (Select TWO).
A. Bluetooth
B. P2P
C. RFID
D. 802.11ac
E. NFC
F. IR
Answer: C,D
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 3
Somerset Investment Limited is a Singapore-based money management firm that is conducting an appraisal of its investment performance. Cameron Li, CFA, has been charged with conducting the appraisal, and is to report back to upper management with his findings.
Li is convinced that trade executions play a substantial role in overall portfolio performance, particularly for funds that have a relatively high level of turnover during the year. As a result, he is seeking methods that will allow him to evaluate the quality of trade executions.
He knows that the firm's traders use both market and limit orders, and he is wondering if a framework can be developed to ensure that the best order type is used under the specific circumstances for each trade.
When he consults with the firm's head trader, Rick Gleeson, Gleeson tells him that market orders have price uncertainty but no execution uncertainty, while limit orders eliminate price uncertainty but have execution uncertainty. According to Gleeson, rebalancing and liquidity-motivated trades should use limit orders while value-motivated and information-motivated trades should use market orders.
Li knows that bid-ask spreads are a major component of trading costs, and asks Gleeson for some recent trade data that he can use for analysis and presentation to management. He receives the following data relating to a series of buy trades for Sumatra Natural Resources (SNR), with all currency values in Singapore dollars:
Trades of Sumatra Natural Resources
Gleeson also tells Li that the portfolio manager had originally made the decision to purchase 5,000 SNR at
10:00 a.m. when the price was $22.36. The closing price for the day was Leeson's last trade at $22.65, at which point the order for the remaining 2,000 shares was cancelled.
Which of the following correctly summarizes Gleeson's comments concerning the differences between market and limit orders?
A. He is correct concerning the nature of uncertainty; he is correct concerning when the order types should be used.
B. He is incorrect concerning the nature of uncertainty; he is correct concerning when the order types should be used.
C. He is correct concerning the nature of uncertainty; he is incorrect concerning when the order types should be used.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Gleeson is correct concerning the nature of uncertainty. Market orders have price uncertainty but no execution uncertainty, while limit orders eliminate price uncertainty but have execution uncertainty.
However, he is incorrect concerning when rhese order types should be used. In most cases, information- motivated and liquidity-motivated trades should use market orders to ensure that execution takes place, while value-motivated and rebalancing trades should use limit orders because price is typically more important than the speed of execution. (Study Session 16, LOS 45.a)
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