CFA Level I Chartered Financial Analyst CFA I Exam Questions in PDF

Free CFA CFA I Dumps Questions (page: 19)

When formulating an investment policy for a client, all of the following fall under "investor constraints," except ________.

  1. liquidity needs
  2. regulatory and legal circumstances
  3. risk tolerance
  4. tax considerations
  5. expected cash flows
  6. investable funds
  7. investor preferences, circumstances and unique needs
  8. none of these answers

Answer(s): C

Explanation:

Risk tolerance is considered under "investor objectives."



Which of the following can be found in Standard I?

  1. Members shall deliver a copy of the Code to their employer.
  2. Members shall not participate in any professional conduct involving dishonesty, fraud, deceit, etc.
  3. Members shall not knowingly participate or assist in any violation of laws, rules or regulations.
  4. Members shall exercise diligence and thoroughness in making investment recommendations or in taking investment actions.
  5. Members shall not misrepresent investment performance.

Answer(s): C

Explanation:

Standard I states that members shall: "A. Maintain knowledge of and comply with all applicable laws of any governing agency or professional association governing the member's professional activities, and B. Not knowingly participate or assist in any violation of laws, rules or regulations."



AIMR Standard ________ prohibits plagiarism.

  1. I (D)
  2. IV (A)
  3. None of these answers
  4. II (C)
  5. III (B)

Answer(s): D

Explanation:

Standard II (C) - Prohibition against Plagiarism states: "Members shall not copy or use, in substantially the same form as the original, material prepared by another without acknowledging and identifying the name of the author, publisher, or source of such material. Members may use, without acknowledgment, factual information published by recognized financial and statistical reporting services or similar sources."



Fiduciaries are obligated to vote proxies:

  1. none of these answers.
  2. on an "as needed" basis, depending on the issue at hand.
  3. only when there is a nonroutine governance issue.
  4. only when there is a change in firm capitalization.
  5. in an informed and responsible manner.
  6. only when management requests the fiduciary to vote, in writing.

Answer(s): E

Explanation:

As part of a fiduciary's duty of loyalty, they are obligated to vote proxies in an informed and responsible manner.
A fiduciary who fails to vote, casts a vote without considering the impact of the question or votes blindly with management on nongovernance issues may violate this duty of loyalty.



Standard III (E) is ________.

  1. Obligation to Inform Employer of Code and Standards
  2. Duty to Employer
  3. Responsibilities of Supervisors
  4. Disclosure of Conflicts to Employer
  5. None of these answers
  6. Disclosure of Additional Compensation Arrangements

Answer(s): C

Explanation:

Standard III (A) deals with the Obligation to Inform Employer of Code and Standards. Standard III (B) deals with the Duty to Employer. Standard III (C) deals with Disclosure of Conflicts to Employer. Standard III (D) deals with Disclosure of Additional Compensation Arrangements. Standard III (E) deals with Responsibilities of Supervisors.



Share your comments for CFA CFA I exam with other users:

Z
Zoubeyr
9/8/2023 5:56:00 AM

question 11 : d

U
User
8/29/2023 3:24:00 AM

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C
CW
7/6/2023 7:37:00 PM

good questions. thanks.

F
Farooqi
11/21/2023 1:37:00 AM

good for practice.

I
Isaac
10/28/2023 2:30:00 PM

great case study

M
Malviya
2/3/2023 9:10:00 AM

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R
rsmyth
5/18/2023 12:44:00 PM

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Keny
6/23/2023 9:00:00 PM

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Muhammad Rawish Siddiqui
11/29/2023 12:14:00 PM

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Josh
7/10/2023 1:54:00 PM

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VINNY
6/2/2023 11:59:00 AM

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Andy
12/6/2023 5:56:00 AM

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Mamo
8/12/2023 7:46:00 AM

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7/26/2023 10:13:00 AM

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Amel Mhamdi
12/16/2022 10:10:00 AM

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Angel
8/30/2023 10:58:00 PM

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SH
5/16/2023 1:43:00 PM

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sudhagar
9/6/2023 3:02:00 PM

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V
Van
11/24/2023 4:02:00 AM

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D
Divya
8/2/2023 6:54:00 AM

need more q&a to go ahead

R
Rakesh
10/6/2023 3:06:00 AM

question 59 - a newly-created role is not assigned to any user, nor granted to any other role. answer is b https://docs.snowflake.com/en/user-guide/security-access-control-overview

N
Nik
11/10/2023 4:57:00 AM

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Deep
6/12/2023 7:22:00 AM

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tumz
1/16/2024 10:30:00 AM

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NRI
8/27/2023 10:05:00 AM

will post once the exam is finished

K
kent
11/3/2023 10:45:00 AM

relevant questions

Q
Qasim
6/11/2022 9:43:00 AM

just clear exam on 10/06/2202 dumps is valid all questions are came same in dumps only 2 new questions total 46 questions 1 case study with 5 question no lab/simulation in my exam please check the answers best of luck

C
Cath
10/10/2023 10:09:00 AM

q.112 - correct answer is c - the event registry is a module that provides event definitions. answer a - not correct as it is the definition of event log

S
Shiji
10/15/2023 1:31:00 PM

good and useful.

A
Ade
6/25/2023 1:14:00 PM

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Praveen P
11/8/2023 5:18:00 AM

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Anastasiia
12/28/2023 9:06:00 AM

totally not correct answers. 21. you have one gcp account running in your default region and zone and another account running in a non-default region and zone. you want to start a new compute engine instance in these two google cloud platform accounts using the command line interface. what should you do? correct: create two configurations using gcloud config configurations create [name]. run gcloud config configurations activate [name] to switch between accounts when running the commands to start the compute engine instances.

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Priyanka
7/24/2023 2:26:00 AM

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N
Nabeel
7/25/2023 4:11:00 PM

still learning

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