Monetary policy actions that can be taken by the Federal Reserve Board include changing: I the discount rate

Monetary policy actions that can be taken by the Federal Reserve Board include changing: I the discount rateII reserve requirementsIII margin requirementsIV...

Which of the following economic events would have a positive long term impact on common stock prices?

Which of the following economic events would have a positive long term impact on common stock prices?I Rising interest ratesII Rising capital gains tax...

Which of the following information sources would be used to evaluate a corporate security trading in the Secondary Market?

Which of the following information sources would be used to evaluate a corporate security trading in the Secondary Market?I Feasibility StudyII Income...

If the price of a stock breaks out through the support level, it is expected that the stock's price will:

If the price of a stock breaks out through the support level, it is expected that the stock's price will:A. riseB. fallC. remain stableD. become vola...

An extended period where there is no discernible trend in prices is termed:

An extended period where there is no discernible trend in prices is termed:A. overboughtB. oversoldC. consolidationD. resistanceAnswer:...

The use of multiple asset classes when constructing a portfolio reduces:

The use of multiple asset classes when constructing a portfolio reduces:A. regulatory (legislative) riskB. market (capital) riskC. interest rate riskD....

The largest component of the Standard and Poor's 500 Average is the:

The largest component of the Standard and Poor's 500 Average is the:A. banking and financeB. transportationsC. utilitiesD. industrialsAnswer: D....

The Bank of England is concerned that the British Pound is weakening against the U.S. Dollar. The appropriate action for the British central bank is to:

The Bank of England is concerned that the British Pound is weakening against the U.S. Dollar. The appropriate action for the British central bank is to:I...

If the federal reserve tightens credit via open market operations, which of the following interest rates will increase?

If the federal reserve tightens credit via open market operations, which of the following interest rates will increase?I Fed Funds RateII Discount RateIII...

Gross Domestic Product is measured in:

Gross Domestic Product is measured in:A. constant dollarsB. inflated dollarsC. dollars deflated by the gold standardD. dollars deflated by the sterling...

Which of the following is a leading economic indicator?

Which of the following is a leading economic indicator?A. Personal IncomeB. Employment DurationC. Labor Cost Per Manufactured UnitD. Contracts for plant...

An investor holds an international bond fund. Regarding the performance of the fund, which of the following statements are TRUE?

An investor holds an international bond fund. Regarding the performance of the fund, which of the following statements are TRUE?I If the foreign currency...

A balance of payments deficit would be widened by which of the following?

A balance of payments deficit would be widened by which of the following?I Increased levels of U.S. importsII Decreased sales of U.S. securities to foreign...

Which of the investments listed below has historically offered the greatest hedge against purchasing power risk?

Which of the investments listed below has historically offered the greatest hedge against purchasing power risk?A. Common StocksB. Treasury BillsC. Preferred...

A "saucer" formation is a(n):

A "saucer" formation is a(n):A. uptrendB. downtrendC. reverse upward trendD. reverse downward trendAnswer: D. reverse downward tr...

A corporation issues convertible debentures at par. Which of the choices are affected?

A corporation issues convertible debentures at par. Which of the choices are affected?I Current AssetsII Current LiabilitiesIII Net WorthIV Net Working...

If a corporation declares a cash dividend, which of the following statements are TRUE?

If a corporation declares a cash dividend, which of the following statements are TRUE?I Net working capital increasesII Net working capital decreasesIII...

Investing in a manner that will emulate the performance of the S&P 500 Index as closely as possible is an example of:

Investing in a manner that will emulate the performance of the S&P 500 Index as closely as possible is an example of:A. active managementB. passive...

In a period of deflation, which of the following statements about fixed income securities are TRUE?

In a period of deflation, which of the following statements about fixed income securities are TRUE?I Issuers are more likely to sell fixed income securitiesII...

A corporation's annual report shows that the reported net income before tax is falling at a faster rate than operating income. Which of the following expenses must have grown at a faster rate?

A corporation's annual report shows that the reported net income before tax is falling at a faster rate than operating income. Which of the following...

Which of the following actions by the Federal Reserve will increase interest rates?

Which of the following actions by the Federal Reserve will increase interest rates?I Purchases of securities as directed by the FOMCII Sales of securities...

The "Monetary Environment" is a reflection of all of the following EXCEPT:

The "Monetary Environment" is a reflection of all of the following EXCEPT:A. money supply levelsB. stock price levelsC. monetary policyD. fiscal policyAnswer: B....

If the U.S. economy runs balance of trade surpluses, which of the following statements are TRUE?

If the U.S. economy runs balance of trade surpluses, which of the following statements are TRUE?I U.S. currency values will increase relative to that...

Book value per share is the same as:

Book value per share is the same as:A. net asset cost per shareB. net tangible asset value per shareC. fair market value of assets per shareD. net working...

Which of the following formations are bearish?

Which of the following formations are bearish?I SaucerII Head and ShouldersIII Inverted SaucerIV Inverted Head and ShouldersAnswer: II Head and ShouldersIII...

Which of the following indicators would be evaluated by a technical analyst?

Which of the following indicators would be evaluated by a technical analyst?I Quick RatioII Price Earnings RatioIII 200 Day Stock Price Moving AverageIV...

The lowest interest rate listed below is the:

The lowest interest rate listed below is the:A. discount rateB. federal funds rateC. prime rateD. broker loan rateAnswer: federal funds r...

The market price average is decreasing daily; however, the level of declines relative to advances is falling. The market is reaching a(n):

The market price average is decreasing daily; however, the level of declines relative to advances is falling. The market is reaching a(n):A. overbought...

Which of the following statements are TRUE?

Which of the following statements are TRUE?I Systematic risk can be diversified awayII Systematic risk cannot be diversified awayIII Non-systematic risk...

A "consolidating market" is one where prices are:

A "consolidating market" is one where prices are:A. risingB. fallingC. flatD. volatileAnswer: C. f...

The initials "CAPM" refer to:

The initials "CAPM" refer to:A. Computer Algorithm Pricing ModuleB. Computer Assisted Portfolio ManagementC. Corporate Allocation Portfolio MechanismD....

Which of the following is NOT a technique for assessing economic feasibility?

Which of the following is NOT a technique for assessing economic feasibility?a. time value of moneyb. payback analysisc. return on investmentd. net present...

At which of the following point during systems analysis would you NOT have a feasibility checkpoint?

At which of the following point during systems analysis would you NOT have a feasibility checkpoint?a. after the scope definition phaseb. after the decision...

Which of the following is NOT an approach for identifying candidate solutions?

Which of the following is NOT an approach for identifying candidate solutions?a. recognize ideas and options expressed by usersb. brainstorming possible...

What variable is part of the return on investment analysis?

What variable is part of the return on investment analysis?a. estimated opportunity costsb. estimated lifetime benefitsc. estimated lifetime costsd. both...

A simple and popular technique for determining if and when an investment will pay for itself is known as:

A simple and popular technique for determining if and when an investment will pay for itself is known as:a. schedule investment analysisb. return on investment...

When determining the cost-effectiveness of a project, which of the following is an important concept to understand?

When determining the cost-effectiveness of a project, which of the following is an important concept to understand?a. the feeling of the end-users about...

Which of the following is a term for the period of time that will elapse before accrued benefits overtake accrued costs?

Which of the following is a term for the period of time that will elapse before accrued benefits overtake accrued costs?a. time value of moneyb. true...

Which kind of feasibility deals with deadlines?

Which kind of feasibility deals with deadlines?a. operational feasibility b. technical feasibility c. schedule feasibility d. legal feasibility e....

Which kind of feasibility can be impacted by how the working environment of end users will change given the proposed system?

Which kind of feasibility can be impacted by how the working environment of end users will change given the proposed system?a. operational feasibility b....

Which kind of feasibility asks how well the proposed system satisfies the identified system requirements?

Which kind of feasibility asks how well the proposed system satisfies the identified system requirements?a. operational feasibility b. technical...

The event that initiates the execute of the use case is called a(n):

The event that initiates the execute of the use case is called a(n):a. preconditionb. triggerc. post conditiond. open issuee. conclusionAnswer:&nbs...

A constraint on the state of the system before the use case can be executed is call a(n):

A constraint on the state of the system before the use case can be executed is call a(n):a. preconditionb. triggerc. post conditiond. open issuee. co...

Which of the following references is an excellent source to find potential actors?

Which of the following references is an excellent source to find potential actors?a. an organization chartb. a context diagramc. existing system documentationd....

Which if the following is NOT a step in the process of requirements use case modeling?

Which if the following is NOT a step in the process of requirements use case modeling?a. identify business actorsb. identify business use casesc. construct...

Which use case relationship is used to model the dependencies among use cases?

Which use case relationship is used to model the dependencies among use cases?a. associationb. extendsc. usesd. depends one. inheritanceAnswer:&nbs...

Which use case relationship is used to model the relationship between a use case and an actor?

Which use case relationship is used to model the relationship between a use case and an actor?a. associationb. extendsc. usesd. depends one. inherita...

Which use case relationship is used to model the relationship between an abstract use case an the original use case?

Which use case relationship is used to model the relationship between an abstract use case an the original use case?a. associationb. extendsc. usesd....

Which of the following would not be an example of an actor?

Which of the following would not be an example of an actor?a. heat sensorb. timec. the system itselfd. an organizatione. an individualAnswer:&nbs...

Which of the following best describes use cases?

Which of the following best describes use cases?a. they are the results of decomposing the scope f system functionalityb. they are represented graphically...

Which of the following is NOT a source mentioned in the textbook for finding potential actors?

Which of the following is NOT a source mentioned in the textbook for finding potential actors?a. context diagramb. entity relationship diagramc. user...

A motorist stops at a self-service gas station to fill up her car, paying by credit card at the pump. In this use case, who is the external service actor?

A motorist stops at a self-service gas station to fill up her car, paying by credit card at the pump. In this use case, who is the external service actor?a....

A motorist stops at a self-service gas station to fill up her car, paying by credit card at the pump. In this use case, who is the primary business actor?

A motorist stops at a self-service gas station to fill up her car, paying by credit card at the pump. In this use case, who is the primary business actor?a....

A motorist stops at a self-service gas station to fill up her car, paying by credit card at the pump. In this use case, who is the primary system actor?

A motorist stops at a self-service gas station to fill up her car, paying by credit card at the pump. In this use case, who is the primary system actor?a....

Which of the following can a project manager use to determine the importance of uses cases?

Which of the following can a project manager use to determine the importance of uses cases?a. use case dependency diagramb. use case glossary c....

Which of the following cannot be found on a use case narrative?

Which of the following cannot be found on a use case narrative?a. use case nameb. use case typec. primary business actord. descriptione. none of these...

When looking for actors, which of the following questions is the best one to ask?

When looking for actors, which of the following questions is the best one to ask?a. how often is the system backed up?b. who or what process inputs to...

Schedule feasibility ask the following question(s)?

Schedule feasibility ask the following question(s)?a. is the solution practical? does the staff have the technical expertise to design and build the system?b....

Economic feasibility ask the following question(s)?

Economic feasibility ask the following question(s)?a. is the solution practical? does the staff have the technical expertise to design and build the system?b....

Operational feasibility asks the following question(s)?

Operational feasibility asks the following question(s)?a. is the solution practical? does the staff have the technical expertise to design and build the...

Technical feasiblity asks the following question(s):

Technical feasiblity asks the following question(s):a. is the solution practical? does the staff have the technical expertise to design and build the...

A small scale, incomplete, but working sample of a desired system is:

A small scale, incomplete, but working sample of a desired system is:a. an entity realtionship diagramb. a prototypec. a data-flow diagramd. a unifired...

Data flow diagrams are used in

Data flow diagrams are used ina. model-driven analysisb. traditional approachesc. structured analysisd. obeject oriented anyalise. a,b, and cAnswer: e....

A problem solving technique that decomposes a system into its component parts while focusing on the business problem independent of technology is:

A problem solving technique that decomposes a system into its component parts while focusing on the business problem independent of technology is:a. system...

The study of a current business and information system application and the definition of use requirements and priorities for a new or improved information system is part of which phase?

The study of a current business and information system application and the definition of use requirements and priorities for a new or improved information...

The alpha coefficient is a measure of:

The alpha coefficient is a measure of:I stock specific riskII market riskIII a stock's price relative to the market as a wholeIV a stock's price relative...

Common shares of which of the following issuers are likely to have a Beta coefficient much lower than +1?

Common shares of which of the following issuers are likely to have a Beta coefficient much lower than +1?A. Tool and die makerB. Pharmaceutical manufacturerC....

Which of the investments listed below offers the greatest protection against market risk?

Which of the investments listed below offers the greatest protection against market risk?A. Common StocksB. Treasury BillsC. Preferred StocksD. Treasury...

The risk inherent in a portfolio that can be diversified away is known as:

The risk inherent in a portfolio that can be diversified away is known as:Answer: non-systematic r...

The Capital Asset Pricing Model (CAPM) would identify the most efficient investments as those with the:

The Capital Asset Pricing Model (CAPM) would identify the most efficient investments as those with the:Answer: highest return for the lowest level...

"CAPM" stands for:

"CAPM" stands for:Answer: Capital Asset Pricing Mo...

The market theory that states that technical and fundamental analysis is of no use in selecting stocks for a portfolio is known as the:

The market theory that states that technical and fundamental analysis is of no use in selecting stocks for a portfolio is known as the:Answer: Efficient...

A constant ratio investment plan is one which:

A constant ratio investment plan is one which:Answer: maintains a fixed percentage amount of a portfolio's assets in equit...

A constant dollar investment plan requires:

A constant dollar investment plan requires:Answer: that the same aggregate dollar amount be kept invested in equit...

A trader liquidates an exchange listed stock position and invests the proceeds in an exchange listed stock index fund. The trader has reduced which risk?

A trader liquidates an exchange listed stock position and invests the proceeds in an exchange listed stock index fund. The trader has reduced which risk?A....

If a portfolio manager's market sentiment is bearish, then which of the following are appropriate actions?

If a portfolio manager's market sentiment is bearish, then which of the following are appropriate actions?I Cash positions will be decreasedII Cash positions...

An older female customer, in the lowest tax bracket, wants an investment that will provide asset growth for retirement. The best recommendation would be:

An older female customer, in the lowest tax bracket, wants an investment that will provide asset growth for retirement. The best recommendation would...

A young couple in a low tax bracket have 2 young children and they want to start saving for the kids' college education. The best recommendation would be:

A young couple in a low tax bracket have 2 young children and they want to start saving for the kids' college education. The best recommendation would...

A retired customer that has a portfolio of blue chip stocks is looking to supplement his retirement income. An appropriate recommendation would be to:

A retired customer that has a portfolio of blue chip stocks is looking to supplement his retirement income. An appropriate recommendation would be to:A....

A customer has an existing portfolio that is mainly invested in high quality corporate bonds for stable income. As market interest rates have dropped, the customer's income has declined and she would like to reallocate part of the portfolio to corporate bonds that offer potential growth. The best recommendation is to buy:

A customer has an existing portfolio that is mainly invested in high quality corporate bonds for stable income. As market interest rates have dropped,...

If one asset class greatly underperforms another class in an asset allocation plan, the portfolio must be:

If one asset class greatly underperforms another class in an asset allocation plan, the portfolio must be:A. renegotiatedB. rebalancedC. repositionedD....

Which of the following are appropriate investment strategies for a client with a 20-year time horizon?

Which of the following are appropriate investment strategies for a client with a 20-year time horizon?I Holding less cashII Holding more stockIII Holding...

The portfolio management technique that uses a market index as a performance benchmark that the asset manager must exceed is called:

The portfolio management technique that uses a market index as a performance benchmark that the asset manager must exceed is called:A. Passive asset managementB....

Which of the following investment portfolios is LEAST liquid?

Which of the following investment portfolios is LEAST liquid?A. An aggressive growth fundB. A U.S. Government securities fundC. A money market fundD....

Defensive stocks included in a portfolio's construction will minimize exposure to:

Defensive stocks included in a portfolio's construction will minimize exposure to:A. market riskB. credit riskC. legislative riskD. marketability riskAnswer:...

Diversification of a portfolio among asset classes:

Diversification of a portfolio among asset classes:Answer: reduces the variability of the rate of return over the investment time hori...

Rank the following investments from lowest to highest, for overall historical returns experienced by investors over long periods of time:

Rank the following investments from lowest to highest, for overall historical returns experienced by investors over long periods of time:I Treasury BillsII...

If 26 week T-bills are yielding 5%, all common stocks are yielding 10%, and growth stocks are yielding 15%, the risk premium for investing in growth stocks is:

If 26 week T-bills are yielding 5%, all common stocks are yielding 10%, and growth stocks are yielding 15%, the risk premium for investing in growth stocks...

Which of the following best describes a stock that does not move with the market?

Which of the following best describes a stock that does not move with the market?A. Income stockB. Special situations stockC. Defensive stockD. Blue Chip...

Which of the following securities are directly interest rate sensitive?

Which of the following securities are directly interest rate sensitive?I Utility StocksII Growth StocksIII Preferred StocksIV Common StocksAnswer: I...

Which of the following securities is NOT directly interest rate sensitive?

Which of the following securities is NOT directly interest rate sensitive?A. Utility StocksB. Corporate BondsC. Preferred StocksD. Growth StocksAnswe...

A sharp rise in interest rates would have the greatest effect on the market price of:

A sharp rise in interest rates would have the greatest effect on the market price of:A. pharmaceutical stocksB. public utility stocksC. electronics stocksD....

All of the following securities are directly interest rate sensitive EXCEPT:

All of the following securities are directly interest rate sensitive EXCEPT:A. common stock issued by a utilityB. bonds issued by a utilityC. common stock...

Which of the following stocks would be considered defensive?

Which of the following stocks would be considered defensive?A. Automobile manufacturerB. Pharmaceutical manufacturerC. Gold mining companyD. Computer...

Equity securities of which issuer are the LEAST defensive?

Equity securities of which issuer are the LEAST defensive?A. DefenseB. PharmaceuticalsC. GrocersD. UtilitiesAnswer:...

A counter-cyclical stock would be described by which of the following?

A counter-cyclical stock would be described by which of the following?A. No earnings variability due to changes in economic growthB. A stock which remains...

Which of the following is NOT considered to be a cyclical stock?

Which of the following is NOT considered to be a cyclical stock?A. Home appliance manufacturerB. Automobile manufacturerC. Natural gas producerD. Home...

Companies characterized by high price-earnings ratios and low dividend payout ratios are:

Companies characterized by high price-earnings ratios and low dividend payout ratios are:A. blue chip companiesB. mature companiesC. cyclical companiesD....

The average dividend payout and Price / Earnings ratios for NYSE listed companies are 30% and 10X respectively. The dividend payout and Price / Earnings ratios for MCR indicate that this is a:

The average dividend payout and Price / Earnings ratios for NYSE listed companies are 30% and 10X respectively. The dividend payout and Price / Earnings...