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NEW QUESTION: 1
In a pension plan, the duty of a fiduciary is to the ________.
A. plan participants and their beneficiaries
B. plan sponsor
C. Board of Directors
D. none of these answers
E. immediate supervisor
Answer: A
Explanation:
Explanation/Reference:
Explanation:
In a pension plan, the duty of the fiduciary is to the plan participants and their beneficiaries rather than to the plan sponsor that has the power to hire and fire the investment manager. If urged to make investments that might be of direct benefit to a sponsoring community or to the community at large, the manager must ensure that such investments are legal and do not impair the integrity of the funds in question or the financial security of the participants/beneficiaries.

NEW QUESTION: 2
Overall cost estimates must be allocated to individual activities to establish the cost performance baseline.
In an ideal situation, a project manager would prefer to prepare estimates______________
A. Using a bottom-up estimating technique
B. Before the budget is complete
C. After the budget is approved by management
D. Using a parametric estimating technique and model specific for that project type
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Often project cost estimates are prepared after budgetary approval is provided. However, activity cost estimates should be prepared before the budget is complete.

NEW QUESTION: 3
IS 감사인이 구현 후 검토를 수행하기에 가장 좋은 시간은 다음 중 어느 것입니까?
A. 레거시 시스템을 해제하기 전에
B. 시스템이 안정화 된 경우
C. 새로운 시스템이 생산에 들어간 직후
D. 사용자 테스트 완료 후
Answer: B