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NEW QUESTION: 1
_________ stock generally costs more than __________ because of the additional rights its stockholders receive.
A. Cumulative preferred stock, Cash dividends
B. Preferred stock, Common Stock
C. Non- Cumulative preferred stock, Cumulative preferred stock
D. Cumulative preferred stock, Non- Cumulative preferred stock
Answer: B
NEW QUESTION: 2
For an FINRA member firm to exercise discretionary power in any customer account requires written authorization by that customer except when:
A. both B and C
B. the customer has given an oral approval after the transaction
C. the customer is a spouse of the registered representative
D. only time and price of execution are involved
Answer: D
Explanation:
Explanation/Reference:
Explanation: only time and price of execution are involved. The only exception to the discretionary rule is when the customer gives discretion regarding time and price of execution.
NEW QUESTION: 3
You are in the process of directing the performance of the planned project activities and managing the various technical and organizational interfaces that exist within your project. All of the following are outputs of this process EXCEPT:
A. Deliverables
B. Implemented defect repair, work performance information
C. Implemented WBS updates
D. Implemented corrective actions, implemented preventive actions
E. Requested changes, implemented change request
Answer: C
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