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NEW QUESTION: 1
According to the AIMR-PPS, account portfolios must be grouped into composites
A. all of these answers are correct.
B. based on similar investment strategy or objective.
C. based on the date the portfolios were initiated.
D. based on the individual account manager's clientele.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
For the defined firm, all fee-paying accounts with investment discretion must be included in one or more composites. The account portfolios must be grouped into composites based on similar investment strategy or objective. Compliance cannot be met on a per composite or per product basis but can only be met on a firmwide basis.

NEW QUESTION: 2
Refer to the Exhibit.

In a Cascaded SRDF/Star environment, Site B fails. The surviving sites are reconfigured to enable remote data protection.
What is used to determine the invalid tracks that must be moved from Site A to Site C?
A. Inclusive OR of two SDDF bitmaps at Site B
B. Inclusive OR of two SDDF bitmaps at Site A
C. Inclusive OR of two SDDF bitmaps at Site C
D. Inclusive OR of two SDDF bitmaps at Site A and a bitmap at Site C
Answer: B

NEW QUESTION: 3
A treasury manager expects the price of a commodity to be highly volatile between the time of option purchase and exercise. Which option style would provide the greatest flexibility?
A. Bermuda Style
B. European Style
C. Cayman Style
D. American Style
Answer: D
Explanation:
Topic 3, Volume C