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NEW QUESTION: 1
Which of the following statements about specialists is false?
A. Specialists are required to maintain a fair and orderly market in their assigned stocks, meaning that they must buy if there is an excess of sell orders and sell out of their own portfolios if there is an excess of buy orders.
B. Specialists are employees of the exchange on which they oversee trades.
C. In addition to acting as market makers, specialists also act as agents and execute limit orders placed by commission brokers for their clients if the specified price is reached.
D. Specialists are market makers in assigned stocks and, as such, can profit from these investments.
Answer: B
Explanation:
Explanation/Reference:
Explanation: The statement that specialists are employees of the exchange on which they oversee trades is false. Specialists are separate firms that are members of the exchange. Specialists are market makers in the stocks that are assigned them by the exchange and can earn profits (or losses) on these investments, just like any other market maker. They are required to maintain a fair and orderly market in their assigned stocks, however, which means they sometimes must trade against the market. They also maintain a central limit order "book" in their assigned stocks.
NEW QUESTION: 2
HOTSPOT



Answer:
Explanation:
Explanation:
Box 1: custid
IDENTITY indicates that the new column is an identity column. When a new row is added to the table, the Database Engine provides a unique, incremental value for the column.
Identity columns are typically used with PRIMARY KEY constraints to serve as the unique row identifier for the table.
Box 2: postalcode
postalcode is declared as NOT NULL, which means that a value must be inserted.
Box 3: region
Fax is also a correct answer. Both these two columns are declared as NULL, which means that data entry is optional.
References: https://msdn.microsoft.com/en-us/library/ms174979.aspx
NEW QUESTION: 3
A system administrator receives a warning that their DPE I/O Module has a fault. In this situation, which type of replacement is required?
A. Hot-pluggable CRU
B. Hot-pluggable FRU
C. Non-Hot-pluggable FRU
D. Non-Hot-pluggable CRU
Answer: B
Explanation:
Explanation/Reference:
Your storage system is designed to be powered on continuously. Most components are hot swappable; that is, you can replace or install these components while the storage system is running.
NEW QUESTION: 4
Which steps in the MOF Risk Management Process follow each other immediately?
A. Identifying Risks in Operations - Planning and Scheduling Risk Actions
B. Identifying Risks in Operations - Tracking and Reporting Risks
C. Analyzing and Prioritizing Risks - Planning and Scheduling Risk Actions
D. Analyzing and Prioritizing Risks - Tracking and Reporting Risks
Answer: C
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