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NEW QUESTION: 1
Your company's marketing team attends a conference and collects business cards of attendees who do not already use your services. After the conference, the team enters the information from the cards into Microsoft Dynamics CRM.
You assign the records to the sales team so that the team can decide which products and services align with the attendees' needs.
Which common business scenario in Microsoft Dynamics CRM does this sequence of events depict?
A. Creating quotes
B. Supporting customers
C. Lead qualification
D. Creating contacts
Answer: C
NEW QUESTION: 2
Which of the following is NOT a phase of the security certification and accreditation process?
A. Maintenance
B. Operation
C. Initiation
D. Security certification
Answer: B
NEW QUESTION: 3
An auditor most likely would extend substantive tests of payroll when:
A. Payroll expense is substantially higher than in the prior year.
B. Employees complain to management about too much overtime.
C. Overpayments are discovered in performing tests of details.
D. Payroll is extensively audited by the state government.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. An auditor most likely would extend (increase) substantive tests of payroll when
significant errors, such as overpayments, are discovered in performing the tests of details.
Choice "A" is incorrect. The extensive auditing of payroll by the state government might serve to decrease
substantive testing since presumably the extensive audit would have already flushed out any problem
areas.
Choice "B" is incorrect. A substantial increase in payroll expense would not necessarily increase the
substantive tests of payroll if the increase is readily explainable and supportable with analytical review
procedures.
Choice "D" is incorrect. An increase in overtime would not necessarily cause the auditor to extend
substantive tests of payroll, as long as the effect on payroll is supportable with analytical review
procedures.
NEW QUESTION: 4
Which of the following activities are prohibited by FINRA when a representative is selling shares of a
mutual fund?
I. recommending that a client purchase shares of a mutual fund prior to its ex-dividend date, so that the
client will receive the dividends when they are distributed unless this recommendation is justified by the
specific circumstances of the client
II. telling a client that a mutual fund that has only a contingent deferred sales charge is a no load fund
III. telling a client that the interest he earns on a municipal bond fund will be free from federal taxation
IV. refraining from placing the customer's order promptly in order to profit himself as a result of having
done so
A. II and IV only
B. I, II, III, and IV
C. I, II, and IV only
D. I and III only
Answer: C
Explanation:
The activities described in Selections I, II, and IV are prohibited by the FINRA when a
representative is selling shares of a mutual fund. Representatives are prohibited from recommending that
a client purchase shares of a mutual fund prior to its ex-dividend date, so that the client will receive the
dividends when they are distributed-a practice known as "selling dividends"-- unless this recommendation
is justified by the specific circumstances of the client; they are prohibited from telling a client that a fund
that has only a contingent deferred sales charge is a no load fund; and they are prohibited from
withholding an order-i.e., refraining from placing a customer's order promptly--in order to profit
themselves as a result of having done so. There is nothing wrong with telling a client that the interest he
earns on a municipal bond fund will be free from federal taxation since this is a true statement.