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NEW QUESTION: 1
According to the AIMR-PPS, assets assigned to subadvisors that are not part of the firm
A. are not to be included in total firm assets and their performance record is, therefore, not part of the firm's performance record.
B. are to be included in total firm assets, however, because they are subadvisors, their performance record is not part of the firm's performance record.
C. are to be included in total firm assets, hence, their performance record is part of the firm's performance record.
D. are included in total firm assets at the investment manager's discretion and information regarding their inclusion should be included in the disclosures.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Total firm assets are defined to include all discretionary and nondiscretionary assets. Assets assigned to subadvisors that are not part of the firm are not to be included in total firm assets and their performance record is, therefore, not part of the firm's record.

NEW QUESTION: 2
Contingency-shaped behavior is:
A. more resistant to extinction than rule-governed behavior.
B. established as the result of a person's experience.
C. based on phylogeny, whereas rule-governed behavior is based on ontogeny.
D. established as a function of relations among unconditioned stimuli, a response class, and reinforcement.
Answer: B

NEW QUESTION: 3
IBM Sterling OM provides a single order repository that enables a user tomodify, update or track all orders real-time for what type of channel?
A. Call Center
B. Field Sales
C. Any combination of channels.
D. Retail Store
Answer: C
Explanation:
Reference:http://www.redbooks.ibm.com/redpieces/pdfs/redp4766.pdf(Page 5, table1)