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NEW QUESTION: 1
You are an investment adviser representative. Your client, Mr. I. M. Pulse, calls you with what he thinks is
exciting news. He just passed a restaurant and saw Microsoft's Bill Gates having lunch with a local
entrepreneur who owns a small firm in the computer software industry that trades on the OTC pink sheets.
He is sure that this means Microsoft is negotiating a purchase of the smaller company and instructs you to
take the cash balance in his account and buy shares of the local company. You should
A. tell Mr. I.M. Pulse that this would be an illegal insider trade and that you are unable to fulfill his request.
B. advise Mr. Pulse that he may be jumping the gun, but place the order if he insists.
C. do both A and B.
D. call your supervisor and alert him immediately of Mr. Pulse's attempt to have you place an illegal order
on his behalf in case Mr. Pulse decides to place the order elsewhere.
Answer: B
Explanation:
If Mr. Pulse wants you to place an order to buy a firm that he thinks will become a target of
Microsoft based on seeing Bill Gates and the owner of the firm dining together, you should, as his adviser,
inform him that he may be jumping the gun and drawing a false conclusion, but you should place the order
if he continues to insist. It is a legitimate order, and you are obligated to follow his instructions. It does not
constitute illegal insider trading because Mr. Pulse has no way of knowing what the two men were talking
about. They may just be old high school buddies catching up on the news.
NEW QUESTION: 2
The user would like to run the "SFDC Quote Upsert" on a commerce action. Where would the user define this within CPQ?
A. The user will select the "SFDC Quote Upsert" from the Modify tab in the commerce action.
B. The user will define the relation in the Integration Center under the Integration Platfrom within the Admin Homepage.
C. The user will define the action to run in the SOAP Generator XSL.
D. The user will select the "SFDC Quote Upsert" from the Integration list in the Integration tab on the commerce action.
Answer: D
NEW QUESTION: 3
What is based on statistical data and are large groups of similar risks can be classified by a few and easily identifiable characteristics and result in standard rates?
A. Manual rating
B. Numerical rating
C. Item rating
D. Premium rating
Answer: A
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