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NEW QUESTION: 1
Sara Robinson and Marvin Gardner are considering an opportunity to start their own money management firm. Their conversation leads them to a discussion on establishing a portfolio management process and investment policy statements. Robinson makes the following statements:
Statement 1;
Our only real objective as portfolio managers is to maximize the returns to our clients.
Statement 2:
If we are managing only a fraction of a client's total wealth, it is the client's responsibility, not ours, to determine how their investments are allocated among asset classes.
Statement 3: When developing a client's strategic asset allocation, portfolio managers have to consider capital market expectations. In response, Gardner makes the following statements:
Statement 4: While return maximization is important for a given level of risk, we also need to consider the client's tolerance for risk.
Statement 5: We'll let our clients worry about the tax implications of their investments; our time is better spent on finding undervalued assets.
Statement 6: Since we expect our investor's objectives to be constantly changing, we will need to evaluate their investment policy statements on an annual basis at a minimum.
Robinson wants to focus on younger clientele with the expectation that the new firm will be able to retain the clients for a long time and create long-term profitable relationships. While Gardner felt it was important to develop long-term relationships, he wants to go after older, high-net-worth clients.
The least important portfolio constraints for individuals are:
A. unique needs.
B. legal and regulatory constraints.
C. investment horizon constraints.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The most important portfolio constraints faced by individual investors include liquidity, investment horizon, and unique needs. Legal and regulatory factors arc less important for individual investors than they are for institutional investors. (Study Session 18, LOS 68.c)

NEW QUESTION: 2
What data would a nurse expect to assess in a sixteen-year-old patient admitted with right-sided heart
failure?
A. Orthopnea and crackles
B. Nausea and anorexia
C. Tachycardia and heart sound
D. Decreased urinary output and restlessness
Answer: B
Explanation:
Data that a nurse would expect to assess in a sixteen-year-old patient admitted with
right-sided heart failure is nausea and anorexia. In right-sided heart failure, the viscera and peripheral
tissues become congested. Venous engorgement and venous stasis in the abdominal organs lead to
nausea and anorexia in right-sided heart failure. Other options occur in left-sided heart failure.

NEW QUESTION: 3
A printer technician is sent to work on a fuser in a laser printer that is not adhering toner properly to the paper. While onsite Joe, an end user, reports that he has been having frequent paper jams as well. Which of the following would be the BEST course of action to repair the printer?
A. Install a manufacturer recommended maintenance kit
B. Install the fuser as the paper jams were probably also caused by the defective fuser
C. Install the fuser and also replace the high voltage power supply
D. Install the fuser, replace the toner cartridge, and replace the pickup and separation rollers
Answer: A

NEW QUESTION: 4
Disabling which of the following jeopardizes device performance if enrolled in an MDM? (Select TWO).
A. ICMP
B. GCM
C. SSMTP
D. APNS
E. RDP
Answer: B,D