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NEW QUESTION: 1
File based discovery is automatically activated for all users?
Response:
A. Administration
B. Discovery
C. Asset management
D. Event management
Answer: B
NEW QUESTION: 2
In regard to discretionary accounts, which of the following statements is correct?
A. the account must be accepted in writing by an officer of the member firm
B. both B and C
C. the customer must grant written authorization to the member firm to exercise discretion in the account
D. the customer must approve each transaction in writing before the order is entered
Answer: B
Explanation:
Explanation/Reference:
Explanation: both B and C.
Choice A is the opposite of a discretionary account. Both B and C are standard procedures for a discretionary account.
NEW QUESTION: 3
A. Option C
B. Option D
C. Option A
D. Option B
Answer: B