WorldatWork C1 Q&A - in .pdf

  • C1 pdf
  • Exam Code: C1
  • Exam Name: Regulatory Environments for Compensation Programs
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Which of the following describes a prohibited practice in the sale of shares of investment companies?
I. Sandy Slacker hands her client the fund's prospectus and tells him that the prospectus will provide him
all that he needs to know about loads and fees associated with the fund.
II. Elliot Eager tells a client who has an investment objective that includes current income that a certain
bond fund has a current yield of 8% and provides the client with a prospectus so that the client can peruse
the average annual returns that the fund has generated in past years when the client has the time.
III. After explaining all the fees and loads involved in two different bond funds as well as the difference
between current yield and total return, Patty shows the client the data on the average annual returns that
the two bond funds provided. She explains to the client that the municipal bond fund has a lower yield
than the similar-risk corporate bond fund because the interest income the client will receive from the
municipal bond fund will be free from federal taxation, while the interest income on the corporate bond
fund is fully taxable.
A. I and II only
B. All the choices describe prohibited practices in the sale of shares of investment companies.
C. I and III only
D. I only
Answer: A
Explanation:
Only the scenarios described in Selections I and II represent prohibited practices. The
NASAA rules state that it is not enough to hand a client a prospectus, but that the agent must fully explain
all sales charges and also to explain the difference between current yield and total return to the client and
present that client with the fund's most recent average annual returns over the past year, 5-year, and
1 0-year periods. Sandy and Elliot have not done this in the scenarios described. In Selection III, Patty has
done so and has also provided the client with accurate and useful information regarding why a municipal
bond offers a lower yield than a corporate bond fund.

NEW QUESTION: 2
HOTSPOT
Your network contains an Active Directory domain named contoso.com.
You implement DirectAccess.
You need to view the properties of the DirectAccess connection.
Which connection properties should you view? To answer, select the appropriate connection properties in the answer area.

Answer:
Explanation:


NEW QUESTION: 3
Which of the following are considered transaction data? Note: There are 2 correct answers to this question.
A. Leads
B. Opportunities
C. Employees
D. Customers
Answer: A,B

NEW QUESTION: 4
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this scenario, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You have several reports and dashboards in a workspace.
You need to grant all organizational users read access to a dashboard and several reports.
Solution: You publish an app to the entire organization.
Does this meet the goal?
A. No
B. Yes
Answer: A
Explanation:
Explanation
Instead assign all the users the Viewer role to the workspace.
Note: The Viewer role gives a read-only experience to its users. They can view dashboards, reports, or workbooks in the workspace, but can't browse the datasets or dataflows. Use the Viewer role wherever you would previously use a classic workspace set to "Members can only view Power BI content".
Reference:
https://powerbi.microsoft.com/en-us/blog/announcing-the-new-viewer-role-for-power-bi-workspaces/

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