Q. One of the direct roles of supervisors in an investment management firm is to:

1. prevent financial contagion.
2. inform regulators promptly of violations of the firm's internal compliance policies.
3. ensure that employees are aware of the firm's compliance policies and procedures.

Q. Macroeconomics would most likely include analysis of the:

1. effect of a country's inflation rate on the economy.
2. profitability of a company under different economic scenarios.
3. demand for a good coupled with the ability and willingness to pay a given price for it.

Q. Which of the following contracts trade only on exchanges?

1. Options
2. Futures
3. Forwards

Q. Under a floating exchange rate system, if a country has a persistent capital and financial account deficit it most likely indicates that:

1. it runs a trade deficit.
2. it is a net lender to the rest of the world.
3. the domestic currency should depreciate.

Q. Documentation that conveys ideas, concepts, or information is meeting which of the following objectives?

1. Measuring
2. Authorising
3. Communicating

Q. Investment industry participants have been able to reduce operating costs over the years because of:

1. regulation.
2. globalisation.
3. computerisation.