Ethics WTF Questions Part II question, basis, principal, everything, net

Muddahudda

#66 So programmers say everything is fine with a new system. What else are you supposed to do as a supervisor? CFAI wants you to micromanage?

#67 What the heck are they talking about. What's all this "order's may be executed on a net basis", "riskless principal trades."

#69-#70 Fine example of a deliberatly missleading question. Too infuriating to even get into.