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NEW QUESTION: 1
In which of the following scenarios is an investment adviser representative required to disclose the fact that someone other than the representative performed the research on which his advice to the client is based?
I. The investment adviser representative recommends the same asset allocation for his client that a buddy of his did after his buddy had done some research for a client with similar characteristics.
II. The investment adviser representative provides a recommendation for his client based on research provided by a broker-dealer that provides the investment adviser with its analysts' recommendations in return for trades that the investment adviser executes using the services of the broker-dealer, as well as a couple of other research sources he finds on the internet.
III. The investment adviser representative submitted his client's information to a data base that provided a recommendation for the asset allocation of the client's investment monies that the adviser deemed was sound and, therefore, recommended it to his client.
A. II only
B. I and III only
C. III only
D. I only
Answer: B
Explanation:
Explanation/Reference:
Explanation: An investment adviser representative is required to disclose the fact that someone else performed the research on which advice to the client is based in scenarios described in I and III only. If the representative provides a recommendation to the client based solely on the recommendations provided by others to whom he provided the data, he must disclose this. However, if the adviser representative has based his recommendations on his own assessment of analysts' reports and recommendations, as is suggested in Selection II, then there is no disclosure requirement.

NEW QUESTION: 2
Which of the following is true of the core layer of a hierarchical design?
A. It aggregates LAN wiring closets.
B. It performs NAC for end users.
C. It performs Layer 2 switching.
D. It provides address summarization.
E. It isolates the access and distribution layers.
F. It aggregates WAN connections.
G. It is also known as the backbone layer.
Answer: G
Explanation:
Explanation/Reference:
Section: Enterprise Network Design Explanation
Explanation:
The core layer of a hierarchical design is also known as the backbone layer. The core layer is used to provide connectivity to devices connected through the distribution layer. In addition, it is the layer that is typically connected to enterprise edge modules. Cisco recommends that the core layer provide fast transport, high reliability, redundancy, fault tolerance, low latency, limited diameter, and Quality of Service (QoS). However, the core layer should not include features that could inhibit CPU performance. For example, packet manipulation that results from some security, QoS, classification, or inspection features can be a drain on resources.
The distribution layer of a hierarchical design, not the core layer, provides address summarization, aggregates LAN wiring closets, and aggregates WAN connections. The distribution layer is used to connect the devices at the access layer to those in the core layer. Therefore, the distribution layer isolates the access layer from the core layer. In addition to these features, the distribution layer can also be used to provide policy-based routing, security filtering, redundancy, load balancing, QoS, virtual LAN (VLAN) segregation of departments, inter-VLAN routing, translation between types of network media, routing protocol redistribution, and more.
The access layer, not the core layer, typically performs Layer 2 switching and Network Admission Control (NAC) for end users. The access layer is the network hierarchical layer where end-user devices connect to the network. For example, port security and Spanning Tree Protocol (STP) toolkit features like PortFast are typically implemented in the access layer.
Reference:
CCDA 200-310 Official Cert Guide, Chapter 2, Core Layer, pp. 42-43
Cisco: High Availability Campus Network DesignRouted Access Layer using EIGRP or OSPF: Hierarchical Design

NEW QUESTION: 3
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Answer:
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