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NEW QUESTION: 1
Which of the following enhances the independence of the internal audit activity?
A. The chief executive officer approves the internal audit charter.
B. The chief audit executive (CAE) approves the annual internal audit plan.
C. The CAE administratively reports to the board.
D. The audit committee approves the CAE's annual salary increase.
Answer: D
NEW QUESTION: 2
Which of the following must be true for a fund to be called a "no load" fund?
I. The fund can have no front-end load.
II. The fund can have no contingent deferred sales charge.
III. The fund can charge no 12b-1 fees.
IV. The fund cannot charge investors an exchange fee.
A. Only I must be true.
B. I, II, III, and IV must all be true.
C. I, II, and III must all be true.
D. Only I and II must be true.
Answer: D
Explanation:
Only Statements I and II must be true for a fund to be called a "no load" fund. The fund can
have no front-end load, and it can have no contingent deferred sales charge. It can, however, charge
1 2b-1 fees, as long as the 12b-1 fees do not exceed 0.25% of the fund's average net assets, and it can
charge investors an exchange fee when they elect to switch their monies from one fund to another.
NEW QUESTION: 3
Your network contains an Active Directory domain named contoso.com. From DNS Manager, you open the properties of contoso.com as shown in the exhibit. (Click the Exhibit button)
You need to ensure that you can modify the start of authority (SOA) record for contoso.com. What should you do?
A. Modify the zone transfer settings.
B. Log on as a member of the DnsAdmins group.
C. Connect to the DNS server that contains the primary zone.
D. Log on as a member of the Domain Admins group.
Answer: C