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NEW QUESTION: 1
Which of the following compensation arrangements between an investment adviser and an individual
client with a net worth of $600,000 would be disallowed?
A. The client agrees to pay the investment adviser an hourly fee of $60.00.
B. All of the above are legitimate compensation arrangements between and investment adviser and an
individual client with a net worth of $600,000.
C. The investment adviser will receive 0.1% of the total value of the client's assets under management as
of the end of each month.
D. The investment adviser will receive 0.1% of the gross capital gains earned on the portfolio each
quarter.
Answer: D
Explanation:
A compensation arrangement between an investment adviser and an individual client with a
net worth of $600,000 that stipulates the adviser will receive 0.1% of the gross capital gains earned on the
portfolio would be disallowed. An investment adviser of an individual client cannot be compensated with a
share of the capital gains earned on the portfolio unless that client has a net worth of at least $1.5 million
or has at least $750,000 invested through that investment adviser.

NEW QUESTION: 2
In which of the following Risk Management Framework (RMF) phases is a risk profile created for threats?
A. Phase 1
B. Phase 2
C. Phase 0
D. Phase 3
Answer: B

NEW QUESTION: 3
You are designing an application to hold top secret documents. The business requirement is that members of the top secret group should be able to read documents only when they are behind the firewall. How would you design the application?
A. You use SSL when a user is trying to connect to the client application from outside the firewall.
B. You create a dynamic group that will have access to the document and you let the client application add members to the group when they try to connect to the client application from within the firewall.
C. You use the document's a_controlling _app attribute to identify the permissible client application.
D. You use a different set of Access Control Lists (ACLs) to control access to the document when they are accessed from different sources.
Answer: B

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