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NEW QUESTION: 1
Which of the following is not a correct statement concerning the creation and maintenance of composites under GIPS?
A. Performance of the composite must be stated after investment management fees have been deducted.
B. Asset-only returns must not be mixed with asset-plus-cash returns.
C. All actual fee-paying discretionary portfolios must be included in at least one composite.
Answer: A
Explanation:
Performance can be quoted before or after management fees, as long as the method is disclosed.
NEW QUESTION: 2
A. Option B
B. Option C
C. Option E
D. Option A
E. Option D
Answer: A,E
NEW QUESTION: 3
View the Exhibit and examine the description for the CUSTOMERS table.
You want to update the CUST_INCOME_LEVEL and CUST_CREDIT_LIMIT columns for the customer with the CUST_ID 2360. You want the value for the CUST_INCOME_LEVEL to have the same value as that of the customer with the CUST_ID 2560 and the CUST_CREDIT_LIMIT to have the same value as that of the customer with CUST_ID 2566.
Which UPDATE statement will accomplish the task?
A. UPDATE customers SET cust_income_level = (SELECT cust_income_level FROM customers WHERE cust_id = 2560), cust_credit_limit = (SELECT cust_credit_limit FROM customers WHERE cust_id = 2566) WHERE cust_id=2360;
B. UPDATE customers SET (cust_income_level,cust_credit_limit) = (SELECT cust_income_level, cust_credit_limit FROM customers WHERE cust_id=2560 AND cust_id=2566) WHERE cust_id=2360;
C. UPDATE customers SET (cust_income_level,cust_credit_limit) = (SELECT cust_income_level, cust_credit_limit
FROM customers
WHERE cust_id IN(2560, 2566)
WHERE cust_id=2360;
D. UPDATE customers SET (cust_income_level,cust_credit_limit) = (SELECT cust_income_level, cust_credit_limit FROM customers WHERE cust_id=2560 OR cust_id=2566) WHERE cust_id=2360;
Answer: A
Explanation:
Updating Two Columns with a Subquery
You can update multiple columns in the SET clause of an UPDATE statement by writing
multiple subqueries. The syntax is as follows:
UPDATE table
SET column =
(SELECT column
FROM table
WHERE condition)
[ ,
column =
(SELECT column
FROM table
WHERE condition)]
[WHERE condition ] ;
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