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NEW QUESTION: 1
Saunders, a mining analyst for Hokassen Investments, has completed his analysis of Okun Drilling &
Mining for a wealthy client of Hokassen. He has concluded that, based on core samples and geological surveys of land owned or leased by Okun, the company has in excess of 1 million ounces of gold available to mine. Saunders drafts a research report stating the following: 'Based on the fact that the company has 1 million ounces of gold to be mined, I recommend purchasing Okun stock for your portfolio.' If Saunders presents his report to the wealthy client, he will have:
A. Complied with CFA Institute's Standards of Professional Conduct.
B. Violated Standard 3 C (Suitability) because he did not indicate the basic characteristics of the investment.
C. Violated Standard V A (Diligence and Reasonable basis) because he did not have a reasonable and adequate basis for his recommendation.
Answer: C

NEW QUESTION: 2
Which of the following is NOT a major service provided by an IBM Sterling Connect:Direct server?
A. Manage Server-to-Server Communication.
B. Manage Creation of Connect:Direct Processes.
C. Manage and Execute Concurrency of Process Flow.
D. Manage Client Requests.
Answer: B

NEW QUESTION: 3
What is the collective name for individuals or groups who may be affected by a project?
A. Team members
B. Customers
C. Project Support
D. Stakeholders
Answer: D