1. The Sarbanes-Oxley Act A) requires corporations to have more independent directors. B) requires corporations to have more independent directors and requires the firm's CFO to personally vouch for the firm's accounting statements. C) prohibits auditing firms from providing other services to clients. D) requires the firm's CFO to personally vouch for the firm's accounting statements. E) All of the options

2. Which of the following portfolio construction methods starts with security analysis? A) Middle-out B) Top-down C) Bottom-up D) Buy and hold E) Asset allocation

3. Which of the following portfolio construction methods starts with asset allocation? A) Top-down B) Asset allocation C) Bottom-up D) Buy and hold E) Middle-out

4. ________ are examples of financial intermediaries. A) Investment companies B) Credit unions C) Commercial banks D) Insurance companies E) All of the options