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NEW QUESTION: 1
This question requires that you evaluate the underlined text to determine if it is correct. Scope describes how important it is to fix a defect, or how quickly a defect must be fixed. Select the correct answer if the underlined text does not make the statement correct. Select
"No change is needed" if the underlined text makes the statement correct.
A. No change is needed
B. Effect level
C. Severity
D. Priority
Answer: D
NEW QUESTION: 2
Christina Boyer no longer pays her dues to the CFA Institute and is no longer a member, although she had successfully acquired her charter ten years ago. She no longer practices as a financial analyst and has been a homemaker for the past three years. At a dinner honoring her as the Volunteer of the Year for the local high school girl's softball team, the brochure has printed her name as Christina Boyer, CFA, and is introduced as such by the President of the softball league.
A. The brochure was not published by Christina so she can claim that no violation on her part has occurred.
B. Christina has violated Standard VII by using the designation CFA after her name.
C. No standard has been violated since Christina had successfully performed all the charter requirements ten years ago.
Answer: B
Explanation:
While it is not a violation to inform people of her prior accomplishment of having attained the
CFA charter, she cannot use the CFA designation as she is no longer a member and does not pay her dues or sign the annual professional statement. The CFA designation can only be used by dues paying member-charterholders.
NEW QUESTION: 3
Micro Manufacturers uses a performance reporting system that combines both financial and nonfinancial
measures to evaluate division performance. All of the following measure operational efficiency, except:
A. Days' sales in accounts receivables.
B. Inventory turnover.
C. Operating leverage.
D. Residual income.
Answer: D
Explanation:
Choice "d" is correct. Residual income measures profitability in excess of a target rate of return.
Operational efficiency is not considered.
Choices "a", "b", and "c" are incorrect. Operating leverage, days' sales in accounts receivable, and
inventory are all measures of operational efficiency, specifically, efficiency in managing working capital.
NEW QUESTION: 4
What email folder(s) is/are synced by default when a new account is added to a BlackBerry 10 (BB10) Smartphone?
A. Inbox and its subfolders
B. Inbox and sent items folder
C. Inbox
D. Inbox and the first 10 sub-folders
Answer: B
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