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NEW QUESTION: 1
You are designing an MVC web application.
You need to combine two existing models to create a view.
Which MVC component should you use?
A. Model
B. ViewModel
C. View
D. Controller
Answer: C

NEW QUESTION: 2
For the past 15 years, Susan Luna, CFA, Kyle Lawson, CFA, and Matt Miller. CFA, have worked together as equity analysts and then equity portfolio managers in the investment management division (BIMCO) of the Broadway Life Insurance Company. For the past five years, the three associates have worked together managing the BIMCO Aggressive Growth Fund (BAGF). During their management tenure the BAGF had excellent performance and was well recognized in the financial press.
Just over one year ago, Broadway Life was acquired by a larger company, Gobble Insurance, and as part of the consolidation process BIMCO was closed. The closure allowed Luna, Lawson and Miller to start their own investment management firm, Trio Investment Management LLC (TIM). TIM focuses on the small capitalization growth equities area. This is the same investment focus as the BAGF, but TIM will have individually managed accounts. Several cases have arisen calling for interpretation as to consistency with CFA Institute Standards of Professional Conduct.
Case 1
TIM markets its investment management services by contracting with small, local bank trust departments.
One of the newest bank trust clients for TIM is Shadow Mountain Bank and Trust. Judy Sampson, CFA, the trust officer for Shadow Mountain, has scheduled a meeting with a potential client. When Lawson arrives for the client meeting, he finds that all of the TIM marketing material, including biographies of TIM portfolio managers, has been relabeled by Sampson as the Shadow Mountain Wealth Management Team.
Sampson has also added the performance of BAGF into the current TIM Equity Composite Index portfolio and relabeled the resultant combined graph, the Shadow Mountain Equity Composite Index. Sampson states that making such changes would probably please clients and improve the chances of acquiring additional trust management accounts for Shadow Mountain and TIM. Lawson goes along and makes the presentation to the potential client using the Shadow Mountain marketing material and the relabeled BAGF/TIM equity performance record.
Case 2
Susan Luna of TIM is meeting with Sol Wurtzel, an institutional salesman for Turn Byer, a large national brokerage firm. Luna complains that TIM*s technology costs are too high, especially their outside software services costs. TIM currently subscribes to two investment-related software services. The first software vendor is StockCal Software Services (StockCal), which provides valuation and stock charting capabilities TIM uses in their equity research and selection process. The other vendor is Add-Invest Software (Add- Invest), a software program providing account management and performance evaluation reporting which TIM uses in developing monthly reports for all clients. In response to Luna, Wurtzel suggests that Turn Byer has an excellent soft dollar trading desk and would be willing to offer to cover TIM's StockCal and Add-Invest expenses through soft dollar commissions. Luna then reviews TIM's projected commission dollars for the year and decides there are more than enough soft dollars to pay the StockCal, AGF and Add-Invest Software bills combined. Luna believes she can be assured of excellent trade execution from Turn Byer and improved profitability for TIM because of the increased use of soft dollars. Luna then directs that the StockCal and Add-Invest software services be paid for with soft dollar or client brokerage dollars.
Case 3
Sol Wurtzel, the equity salesman for Turn Byer, has referred several clients to TIM over the past year. In fact, Wurtzel referrals currently account for almost 20% of the assets managed by TIM. The principals of TIM decide to reward Wurtzel, either by doubling the commissions paid on trades executed through Turn Byer on Wurtzel's referral accounts, or by paying Wurtzel a cash referral fee for each additional TIM account opened by a Wurtzel referral. The principals agree that any cash referral fee would need to be disclosed to clients in advance.
Case 4
Luna notes that her clients have become increasingly aware of the directed client brokerage / soft dollar commissions issue. At a recent meeting with one of her large pension clients. Service Workers Union Local #1418, the subject of directed commissions came up. Upon learning of the commission dollars available to their account, the Union trustees directed Luna to use their client brokerage of approximately
$25,000 to donate to a think lank called the Hoover Study Center of Unions at Samford University. Service Workers trustees believed the Hoover study will increase the public awareness of the benefits unions offer to their members and increase union membership. Luna concurs with the trustee's judgment on increasing union enrollment as a great goal, and follows the client's instructions and makes the $25,000 contribution to the Hoover Study Center. Another client, Rosa Lutz, has asked Luna to credit the soft dollar client brokerage proceeds from her personal retirement accounts to Roswell Academy, to update their computer lab. Luna agrees that a new computer lab for Roswell Academy is greatly needed and she allocates
510,000 of Lutz's commission dollars to Roswell Academy.
Would either of the compensation arrangements to reward Wurtzel for client referrals be in violation of the CFA Institute Standards of Professional Conduct?
A. Both compensation arrangements would be violations, regardless of any disclosures to clients.
B. The increased commissions plan would be a violation, while the cash referral fees would not be a violation.
C. Doth compensation arrangements are allowed, as long as they are fully disclosed, in advance, to all clients and prospective clients.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Standard III(A). The increased commission would be a violation, but the cash referral fee would nor.
Doubling the commission paid to Wurtzcl would be a violation of Standard Iil(A) Duties to Clients - Loyalty, Prudence, and Care. Client brokerage is strictly an asset of the client, and must be used for the benefit of clients in research that will assist the investment manager in the investment decision-making process.
Client brokerage cannot be used as a reward for bringing clients to TIM and to do so is a misappropriation of client assets. Cash referral fees are acceptable, so long as the referral arrangement is fully disclosed to the clients in advance of opening their accounts. The case mentions that this disclosure will be made. This disclosure allows the client to evaluate any potential conflict(s) of interest in the referral process. (Study Session 1, LOS 2.a)

NEW QUESTION: 3
A technician is troubleshooting a PC with multiple volumes. To verify which are active and assigned drive
letters, the technician should use the LIST function of which of the following commands?
A. chkdsk
B. bootrec
C. diskpart
D. extract
Answer: C

NEW QUESTION: 4
Which of the following is a tool that runs on the Windows OS and analyzes iptables log messages to detect port scans and other suspicious traffic?
A. Nmap
B. PSAD
C. Hping
D. NetRanger
Answer: B
Explanation:
PSAD is a tool that runs on the Windows OS and analyzes iptables log messages to detect port scans and other suspicious traffic. It includes many signatures from the IDS to detect probes for various backdoor programs such as EvilFTP, GirlFriend, SubSeven, DDoS tools (mstream, shaft), and advanced port scans (FIN, NULL, XMAS). If it is combined with fwsnort and the Netfilter string match extension, it detects most of the attacks described in the Snort rule set that involve application layer data. Answer option C is incorrect. NetRanger is the complete network configuration and information toolkit that includes the following tools: a Ping tool, Trace Route tool, Host Lookup tool, Internet time synchronizer, Whois tool, Finger Unix hosts tool, Host and port scanning tool, check multiple POP3 mail accounts tool, manage dialup connections tool, Quote of the day tool, and monitor Network Settings tool. These tools are integrated in order to use an application interface with full online help. NetRanger is designed for both new and experienced users. This tool is used to help diagnose network problems and to get information about users, hosts, and networks on the Internet or on a user computer network. NetRanger uses multi-threaded and multi-connection technologies in order to be very fast and efficient. Answer option B is incorrect. Hping is a free packet generator and analyzer for the TCP/IP protocol. Hping is one of the de facto tools for security auditing and testing of firewalls and networks. The new version of hping, hping3, is scriptable using the Tcl language and implements an engine for string based, human readable description of TCP/IP packets, so that the programmer can write scripts related to low level TCP/IP packet manipulation and analysis in very short time. Like most tools used in computer security, hping is useful to both system administrators and crackers (or script kiddies). Answer option A is incorrect. Nmap is a free open-source utility for network exploration and security auditing. It is used to discover computers and services on a computer network, thus creating a "map" of the network. Just like many simple port scanners, Nmap is capable of discovering passive services. In addition, Nmap may be able to determine various details about the remote computers. These include operating system, device type, uptime, software product used to run a service, exact version number of that product, presence of some firewall techniques and, on a local area network, even vendor of the remote network card. Nmap runs on Linux, Microsoft Windows, etc.


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