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NEW QUESTION: 1
Which of the following does not necessarily have to be included in the contract between an investment adviser and an individual client, according to the Uniform Securities Act (USA)?
A. the compensation agreement, which cannot be a percentage of the capital gains or capital appreciation earned on the portfolio for all but the wealthiest of individual clients.
B. a statement stipulating that the contract cannot be assigned to another party without the client's consent
C. if there is any change in the partners within a reasonable time period a statement of the investment policy that has been agreed upon between the adviser and the client
D. if the investment adviser is a partnership, a statement indicating that the client will be notified
Answer: C
Explanation:
Explanation/Reference:
Explanation: A statement of the investment policy does not have to be included in the contract between an investment adviser and an individual client. The statement of investment policy is generally developed after the contract is signed.

NEW QUESTION: 2

A. Revise
B. Active
C. Draft
D. Open
Answer: C

NEW QUESTION: 3
システムは経費報告書の許容範囲をどのように評価しますか？
A. システムは、ポリシーレート*（1 +警告許容値/ 100）*通貨精度として警告許容値を計算します。
B. システムはエラートレランスをポリシーレート*（1+警告トレランス+エラートレランス/ 100）として計算します。
C. システムは絶対量の許容範囲設定を使用して検証を行います。
D. システムは警告許容値をポリシーレート*（1+警告許容値/ 100）として計算します。
E. エラー許容度は（|保険料率*（1+エラー許容度/ 100）|）通貨精度として計算されます。
Answer: B
Explanation:
エラー：パーセントはエラーの計算に使用されます。許容誤差量は次のように計算されます。
ポリシーレート*（1+エラー許容度/ 100）
参照：https：//docs.oracle.com/cd/E60665_01/financialscs_gs/FAIEX/F1456644AN125F2.htm

NEW QUESTION: 4
Tom is program manager for his organization. His program is scheduled to last ten months and has a cost estimate for the program of $550,000. It is now month nine and Tom reports that he actually has a cost variance of a positive $56,000. While Tom is pleased, the new management is not. Why is a positive cost variance not necessarily good news?
A. A poor cost estimate prevented the organization from adding things to the program scope.
B. A poor cost estimate could affect the organization's decisions to invest the funds elsewhere .
C. Tom has forgot to include deliverables in the program.
D. Tom has overestimated the cost of the program.
Answer: B