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NEW QUESTION: 1
Serena Zaltz is a portfolio manager at Katalina Investments, a small boutique in Connecticut. She currently manages 3 client accounts, one of which belongs to John Hersham. John recently told Serena that if his portfolio beat the S&P500 by 75 basis points over the next 3 months, he would give 10 basis points to her as a "superior performance reward." Serena told him this was unnecessary but John insisted that such an arrangement be made on a handshake. Serena subsequently spoke to her supervisor, Helena, about it and Helena did not object to the arrangement. Then, Serena has:
A. not violated any code of conduct.
B. has violated Standard III (D) - Disclosure of Additional Compensation Arrangements.
C. has violated Standard IV (B.8) - Disclosure of Referral Fees.
D. has violated Standard IV (A.3) - Independence and Objectivity.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
While Serena may have informed her employer orally about her additional compensation arrangement, Standard III (D) requires written notification to the employer and this includes any form of communication that can be documented. Such written disclosures act as paper trails of all such arrangements and act as a deterrent to such arrangements except in the more compelling cases.

NEW QUESTION: 2

A. Option C
B. Option D
C. Option B
D. Option A
Answer: D

NEW QUESTION: 3
Which action should be taken if the system is overwhelmed with alerts when false positives and false negatives are compared?
A. Modify the settings of the intrusion detection system.
B. Design criteria for reviewing alerts.
C. Adjust the alerts schedule.
D. Redefine signature rules.
Answer: A

NEW QUESTION: 4
You plan to deploy a critical line-of-business application to Azure.
The application will run on an Azure virtual machine.
You need to recommend a deployment solution for the application. The solution must provide a guaranteed availability of 99.99 percent.
What is the minimum number of virtual machines and the minimum number of availability zones you should recommend for the deployment? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

References:
https://docs.microsoft.com/en-us/azure/availability-zones/az-overview
Section: Understand Core Azure Services
References:
https://docs.microsoft.com/en-us/azure/availability-zones/az-overview