cfa level i mock exam afternoon session

《cfa level i mock exam afternoon session》由会员上传分享，免费在线阅读，更多相关内容在工程资料-天天文库。

1、2013LevelIMockExam:AfternoonSession®Theafternoonsessionofthe2013LevelICharteredFinancialAnalyst(CFA)MockExaminationhas120questions.Tobestsimulatetheexamdayexperience,candidatesareadvisedtoallocateanaverageof1.5minutesperquestionforatotalof180minutes(3hours)forthissessionoftheexam.Questions

2、TopicMinutes1–18EthicalandProfessionalStandards2719–32QuantitativeMethods2133–44Economics1845–68FinancialStatementAnalysis3669–78CorporateFinance1579–90EquityInvestments1891–96DerivativeInvestments997–108FixedIncomeInvestments18109–114AlternativeInvestments9115–120PortfolioManagement9Total

3、:180Questions1through18relatetoEthicalandProfessionalStandards1.CarlosCruz,CFA,isoneoftwofoundersofanequityhedgefund.Cruzmanagesthefund’sassets,andtheotherco-founder,BrianBurkeman,CFA,isresponsibleforfundsalesandmarketing.CruznoticesthemostrecentsalesmaterialusedbyBurkemanindicatesassetsun

4、dermanagementarelistedatahighervaluethanthecurrentmarketvalue.Burkemanjustifiesthediscrepancybystatingrecentmarketdeclinesaccountforthedifference.InordertocomplywiththeCFAInstituteStandardsofProfessionalConduct,Cruzshouldleastlikelytakewhichofthefollowingactions?A.Correcttheassetinformatio

5、nandprovideupdatestoprospectiveclients.B.ReportthediscrepancytoCFAInstitute’sProfessionalConductProgram.C.Provideadisclaimerwithinmarketingmaterialindicatingpricesareasofaspecificdate.2.LindaChin,CFA,isamemberofapoliticalgroupadvocatinglessgovernmentalregulationinallaspectsoflife.Sheworksi

6、nacountrywherelocalsecuritieslawsareminimalandinsidertradingisnotprohibited.Chin’spoliticsarereflectedinherinvestmentstrategy,whereshefollowshercountry’smandatorylegalandregulatoryrequirements.WhichofthefollowingactionsbyChinismostconsistentwiththeCFAInstituteStandardsofProfessionalConduct

7、?A.FollowtheCFACodeandStandards.B.Continuehercurrentinvestmentstrategy.C.Discloseherpoliticaladvocacytoclients.3.WouterDuyck,CFA,isthesoleproprietorofaninvestmentadvisoryfirmservingseveralhundredmiddle-classretailclients.Duyckclaimstobedifferentfromhiscompetit