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NEW QUESTION: 1
A. Option B
B. Option A
C. Option C
D. Option D
Answer: C
NEW QUESTION: 2
Hana XS engine use to run Analytical services is integrated in which part of SAP HANA appliance?
Please choose the correct answer. Response:
A. SAP Hana Database
B. Application server
C. Web server
D. None of the above
Answer: A
NEW QUESTION: 3
In order to comply with Standard IV (B.4), Priority of Transactions, firms should prepare and distribute to firm personnel a code of ethics and compliance procedures. The code and procedures should do all of the following, EXCEPT:
A. limit the number of access persons.
B. contain disciplinary procedures.
C. consider special situations.
D. maintain a list of clients and their holdings.
E. ensure that procedures will be enforced.
F. establish reporting and prior-clearance requirements.
G. define personal transactions, investment and prohibited transactions.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The question deals with the compliance procedures under Standard IV (B.4). Personal transactions must be defined to all employees. The number of access persons - those who have knowledge of pending or actual recommendations or action - should be limited, by implementing Fire Walls. A reporting system for all employees' personal transactions should be established, as well as procedures for special situations.
Authority should be given to a compliance officer to enforce the procedures, which should include disciplinary action. Maintaining lists of client holdings is NOT a compliance procedure under Standard IV (B.4), but Standard IV (B.3).