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NEW QUESTION: 1
Which of the following entities would be required to register with the state as a broker-dealer under the guidelines of the Uniform Securities Act (USA)?
A. an underwriter with no offices in the state that is helping a firm that is incorporated within the state with the sale of its new bond issue to insurance companies.
B. an agent who executes the purchase and sale of stocks and bonds for his clients.
C. None of the above entities would be required to register with the state as a broker-dealer under the guidelines of the Uniform Securities Act.
D. a credit union that operates within the state and provides loans to its members.
Explanation: Under the guidelines of the USA, none of the entities described in Selections A, B, or C would be required to register with the state as a broker-dealer since the term, as defined by the USA, does not include agents, savings institutions, or entities with no offices in the state who deal exclusively with issuers and/or other broker-dealers, financial institutions, insurance companies, pension funds, or insurance companies. Selections B and C refer to a financial institution and an agent, respectively. In the scenario described in Selection A, the underwriter has no offices in the state and is dealing exclusively with the issuer of the bonds and insurance companies.
NEW QUESTION: 2
Which data can be imported directly from 4C into PPR?
A. GS cost baseline, materialized risk, GS cost EAC.
B. GS as sold cost estimate, risk contingency consumed, sellable additional works.
C. GS cost EAC, budgeted risk, sub-contractor claims.
D. GS and MBB actual costs, materialized risk, non conformance costs, sellable additional works.