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NEW QUESTION: 1
According to the Prudent Investor Rule, the trustee must:
- adhere to ________, impartiality and prudence
- maintain overall portfolio risk at a reasonable level
- provide for reasonable diversification of trust investments
- act with prudence in deciding whether and how to delegate authority to experts and in selecting and supervising agents
- be cost conscious when investing
A. commitment
B. diversification
C. supervisors
D. none of these answers
E. loyalty
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Modern Portfolio Theory dictates that trustees consider a portfolio in its entirety and not just on an investment-by-investment basis. As a fiduciary, therefore, the trustee must:
- adhere to fundamental fiduciary duties of loyalty, impartiality and prudence.
- maintain overall portfolio risk at a reasonable level
- the trade-off between risk and return is the fiduciary's central concern.
- provide for reasonable diversification of trust investments.
- act with prudence in deciding whether and how to delegate authority to experts and in selecting and supervising agents.
- be cost conscious when investing.
NEW QUESTION: 2
Expand FDM
A. FinacleIntegrator Development Model
B. Finacle Deployment Methodology
C. FinacleIntegrator Deployment Model
D. Finacle Development Methodology
Answer: B
NEW QUESTION: 3
On the Supply Lines Overview page, the deviations in supply type chart show a supply line status of exception.
What action must you take?
A. This indicates that supply line quantities are not available, so inventory must be procured.
B. This indicated that supply line has an exception in manufacturing goods, so the supply line must be changed.
C. This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved.
D. This indicates that supply line quantities are less than required, so additional quantities must be procured to meet the requirement.
Answer: D