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NEW QUESTION: 1
Management fees are charged
A. by all investment companies.
B. only by no-load open-end investment companies.
C. only by low-load and 12b-1 plan open-end investment companies.
D. only be load open-end investment companies.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
All investment companies charge annual management fees to compensate the managers of the fund.
These fees are typically 0.25 to 1 percent of average net assets of the fund and tend to decline with the size of the fund.

NEW QUESTION: 2
Which three options describe routers compared to switches? (Choose three.)
A. use IP address tables for information lookup
B. operate at Layer 2 of the OSI model
C. operate at Layer 3 of the OSI model
D. concerned with packet forwarding
E. use MAC address tables for information lookup
F. concerned with the local delivery of frames
Answer: A,C,D

NEW QUESTION: 3
An expert system that has rules of the form If w is low and x is high
then y is intermediate, where w and x are input variables and y is the
output variable, is called a:
A. Neural network
B. Boolean expert system
C. Realistic expert system
D. Fuzzy expert system
Answer: D
Explanation:
A fuzzy expert system is an expert system that uses fuzzy membership
functions and rules, instead of Boolean logic, to reason about data.
Thus, fuzzy variables can have an approximate range of values instead
of the binary True or False used in conventional expert systems. When it is desired to convert the fuzzy output to a single value, defuzzification is used. One approach to defuzzification is the CENTROID method. With this method, a value of the output variable is computed by finding the variable value of the center of gravity of the membership function for the fuzzy output value.
Answers Neural network and Realistic expert system are distracters, and answer Boolean expert system is incorrect since it refers to Boolean values of one or zero.

NEW QUESTION: 4
Which statement is true about unified auditing?
A. The unified audit trail, by default, resides in a read-only table in the AUDSYS schema in the SYSAUX tablespace
B. Only the CREATE, ALTER, and DROP statements are audited for all users, including SYS
C. The unified audit trail contains audit records only from unified audit policies and AUDIT settings
D. Unified auditing is enabled only if the AUDIT_TRAIL parameter is set to NONE
Answer: A