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NEW QUESTION: 1
Mr. Big of HiGrow Corporation needs more money to support the exceptional growth rate that his firm is enjoying. He meets with BigFee Investment Banker, who agrees to handle the IPO for HiGrow. As part of the process, BigFee's staff works with HiGrow's accountants to prepare the registration statement that is filed with the SEC. After the issue has been sold to the public, Mr. Sharp, a CPA who has invested in the stock of HiGrow, discovers that there are some accounting irregularities in the financial statements provided in HiGrow's prospectus.
Who can be sued for the misleading statements?
I. Mr. Big
II. Big Fee Investment Banker
III. HiGrow's accountants
IV. HiGrow's attorneys
A. I, III, and IV only
B. I and II only
C. II and III only
D. I, II, III, and IV
Answer: D
Explanation:
Explanation/Reference:
Explanation: All of the entities can be sued for misleading statements found in HiGrow's financial statements. The Securities Act of 1933 holds any individual who participates in bringing the new issue to the public civilly liable for misrepresentations found in the prospectus.
NEW QUESTION: 2
You have a client in a highly regulated industry. The client has accumulated a lot of information in an unstructured source. They are now facing challenges around litigation, regulatory compliance and records. To address these issues they need to develop an understanding of what information they are holding, how long they have had it? and when can they dispose of it.
Which Information Integration and Governance solution will help them address these issues?
A. Stored IQ
B. Information Server
C. Optim Data Growth
D. Master Data Management
Answer: B
NEW QUESTION: 3
Answer:
Explanation:
Explanation
Scenario: Users must verify payments on a mobile device by using a two-step verification method to include Short Message Service (SMS).
OAuth 2.0 authorization flow
At a high level, the entire authorization flow for an application looks a bit like this:
References:
https://docs.microsoft.com/en-us/azure/active-directory/develop/active-directory-protocols-oauth-code