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NEW QUESTION: 1
Which of the following clients could not open a margin account?
A. an uncovered option writer
B. a corporation
C. a custodian under UGMA
D. a husband and wife in a joint account
Answer: C
Explanation:
Explanation/Reference:
Explanation: a custodian under UGMA. The Uniform Gifts to Minors Act requires securities registration in the name of the custodian for the benefit of the minor. A margin account does not qualify because such an account has all securities registered in street name.
NEW QUESTION: 2
Which is the first step of the Measurement process?
A. Gather the available documentation
B. Measure data functions
C. Measure transactional functions
D. Determine the counting scope and application boundary
Answer: A
NEW QUESTION: 3
An information security manager has researched several options for handling ongoing security concerns and will be presenting these solutions to business managers. Which of the following with BEST enable business managers to make an informed decision?
A. Gap analysis
B. Cost-benefit analysis
C. Risk analysis
D. Business impact analysts (BIA)
Answer: B
NEW QUESTION: 4
A customer is granted 100 free minutes at the beginning of each cycle. A rollover specifies the following:
- Up to 25 unused free minutes can be rolled over each cycle.
- Up to a maximum of 50 unused free minutes can be rolled over to accumulate.
- The maximum number of rollover cycles is three.
A new customer uses 40 minutes in January and 110 minutes in February. According to this scenario, how many minutes can the customer use for free in March?
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: D