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NEW QUESTION: 1
The RD VPN IP RD bit is used to distinguish the same address in different. How much is included?
A. 0
B. 1
C. 2
D. 3
Answer: A
NEW QUESTION: 2
A multinational organization has asked the internal audit activity to assist in setting up the organization's risk management system. The chief audit executive (CAE) agrees to take on the engagement as a consultant. Which of the following tasks is appropriate for the CAE to undertake?
A. Establish the degree of risk appetite for management to accept.
B. Determine the number of significant risks for management to report to the board.
C. Coordinate and facilitate risk workshops for management to attend.
D. Set risk indicators and mitigation plans for management to implement.
Answer: B
NEW QUESTION: 3
If a customer fails to pay for securities purchased in a cash account, the member firm broker will do which of the following?
A. purchase the securities for the firm's error account
B. place the securities temporarily in a general account
C. liquidate the securities or otherwise cancel the transaction
D. grant an extension for a bona fide reason
Answer: C
Explanation:
Explanation/Reference:
Explanation: liquidate the securities or otherwise cancel the transaction. Reg T requires the position closed if the customer fails to comply with the rules. An extension may be granted, but not by the member firm.
Only an exchange or the FINRA grants extensions for bona fide reasons.
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