Q-Bank - Unique Questions

How many unique questions would you say are in the Q-Bank? It seems like they duplicate questions, so once you know the answer to one question ID, you know the answer to another without having to read it. Example: Email About Question ID#: *94806* Kim Lee manages a variety of accounts at Superior Investments. Some are permitted to invest in tax-exempt issues only; others may not invest in a stock unless it pays dividends. Lee is researching a biotech firm specializing in the analysis of “mad cow” disease. While touring company facilities and meeting with management, she learns that they believe they may have found a way to reverse the disease. Moreover, one manager conjectured, “Suppose that we reversed the disease in someone who didn’t even have it? We might then be able to boost that individual’s IQ into the stratosphere!” Lee returns to her office and buys shares for all accounts under her supervision. This action is: A) appropriate given the obvious potential of the therapy. B) a violation of the Standard concerning appropriateness and suitability of investment actions. C) a violation of the Standard concerning fiduciary duties. Your answer: B was correct! Given the variety of accounts under her supervision, it is not likely the shares of a speculative biotech firm would be suitable for all accounts. Placing such shares in all accounts indicates that she has failed to consider the appropriateness and suitability of the investment for each account, and this places her in violation of Standard III©. Email About Question ID#: *93511* Kim Lee is a research analyst at Superior Investments and is researching a biotech firm specializing in the analysis of “mad cow” disease. While touring company facilities and meeting with management, she learns that they believe they may have found a way to reverse the disease. Moreover, one manager conjectured, “Suppose that we reversed the disease in someone who didn’t even have it? We might then be able to boost that individual’s IQ into the stratosphere!” After returning to her office, Lee issues a research report describing the compound as an “IQ booster with huge potential.” This statement: A) is reasonable given the information she was provided by the company. B) lacks a reasonable and adequate basis in fact. C) is allowable but only if quoted verbatim from her conversations with management. Your answer: B was correct! Standard V(A) requires that a member have a “reasonable and adequate basis” before making an investment recommendation. Extrapolating on the basis of the conjecture of one member of the management team, without independent corroboration, is clearly in violation of this Standard. She is also in violation of Standard V(B) concerning the use of reasonable judgment regarding what is included or excluded in a communication with a client or prospective client.

Go in test management, create a new test, you will see that there is something like…wait a second…4239 unique questions. the ID must be from all the years that schweser produced questions.