CFA Level I Chartered Financial Analyst CFA I Dumps in PDF

Free CFA CFA I Real Questions (page: 4)

Everly Smith has passed Level II of the CFA examination. While studying for Level III, he circulates his resume stating that he has "completed Charter Financial Analyst II" and his resume lists his name as "Everly Smith, CFA II." Which of these following statements is correct?

  1. Everly Smith is not in compliance with the standards regarding use of the CFA designation. He may state he "completed Chartered Financial Analyst II," but cannot put "CFA II" after his name.
  2. Everly Smith is not in compliance with the standards regarding use of the CFA designation. He can neither state he "completed Chartered Financial Analyst II" nor "Everly Smith, CFA II."
  3. Everly Smith is not in compliance with the standards regarding use of the CFA designation. Since he is registered for Level III he should state "Everly Smith, CFA III." D. Everly Smith is in compliance with the standards regarding use of the CFA designation.

Answer(s): B

Explanation:

Everly Smith has violated Standard II (A), Use of Professional Designation. There is no designation for someone who has passed Level I, Level II, or Level III, so he may not state "Everly Smith, CFA II." He also can not state he has "completed Charter Financial Analyst II." However, he may state that he is a Level III candidate in the CFA Program. If he passed Level II, but was not registered for Level III he could state "I passed Level II of the CFA Program in the year 19--."



For ________ of five or fewer portfolios, the disclosure "five or fewer portfolios" may be made rather than a disclosure of the exact number of portfolios.

  1. returns
  2. investments
  3. segments
  4. composites

Answer(s): D

Explanation:

This is an exception allowed by AIMR when disclosing the list of composites.



Standard I deals with ________.

  1. Use of Professional Designation
  2. Duty to Employer
  3. Obligation to Inform Employer of Code and Standards
  4. Professional Misconduct
  5. Plagiarism
  6. Fundamental Responsibilities
  7. Disclosure of Conflicts to Employer
  8. None of these answers

Answer(s): F

Explanation:

Standard I deals with Fundamental Responsibilities. Standard II (A) deals with Use of Professional Designation.
Standard II (B) deals with Professional Misconduct. Standard II (C) deals with Plagiarism. Standard III (A) deals with the Obligation to Inform Employer of Codes and Standards. Standard III (B) deals with the Duty to Employer. Standard III (C) deals with Disclosure of Conflicts to Employer.



According to the AIMR-PPS, terminated portfolios are included in the composite for how long after termination?

  1. Composites must include terminated portfolios after the last full performance measurement period the portfolios were under management.
  2. Composites should include the terminated portfolio only until the date of termination.
  3. Composites should include the terminated portfolio for the last full performance measurement period under which the portfolios were managed.
  4. Composites should include the terminated portfolio for the full ten years required by the Standards for performance reporting.

Answer(s): C

Explanation:

Composites must exclude terminated portfolios after the last full performance measurement period the portfolios were under management, but composites must continue to include terminated portfolios for all periods prior to termination. This is a requirement for creation and maintenance of composites.



Edward Witten works for Princeton Investments and has registered to take Level III exam next year. He had taken the Level III exam 3 years ago but was not successful. In his firm's promotional material, he has stated that he is a candidate in the CFA program and has successfully passed Level II. Edward has:

  1. violated Standard II (A) - Use of Professional Designation. He cannot claim to be in the CFA program without having completed Level III exam.
  2. violated Standard II (A) - Use of Professional Designation. He cannot claim to be in the CFA program since he failed the Level III exam.
  3. not violated any standards.
  4. violated Standard II (A) - Use of Professional Designation. He cannot claim to be CFA - Level II.

Answer(s): C

Explanation:

Standard II (A) - Use of Professional Designation, states that a person must be registered to take the next higher level of the exam to be a "candidate" in the CFA program. That Edward failed on his last attempt does not prevent him from claiming that he's a candidate, as long as he has registered for the exam.



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

O
onibokun10
4/13/2026 7:50:14 PM

Question 129:
Correct answer: CNAME

  • A CNAME record creates an alias for a domain, so newapplication.comptia.org will resolve to whatever IP address www.comptia.org resolves to. This ensures both names point to the same resource without duplicating the IP.
  • Why not the others:
- SOA defines authoritative information for a zone. - MX specifies mail exchange servers. - NS designates name servers for a zone.
  • Notes: The alias name (newapplication.comptia.org) should not have other records if you use a CNAME for it, and CNAMEs aren’t used for the zone apex (root) domain. This scenario uses a subdomain, so a CNAME is appropriate.

A
Anonymous User
4/13/2026 6:29:58 PM

Question 1:

  • Correct answer: C

  • Why this is best:
- Uses OS Login with IAM, so SSH access is granted via Google accounts rather than distributing per-user SSH keys. - Granting the compute.osAdminLogin role to a Google group gives admin access to all team members in a centralized, auditable way. - Access is auditable: Cloud Audit Logs show who accessed which VM, satisfying the security requirement to determine who accessed a given instance.
  • How it works:
- Enable OS Login on the project/instances (enable-oslogin metadata). - Add the team’s

A
Anonymous User
4/13/2026 1:00:51 PM

Question 2:

  • Answer: D. Azure Advisor

  • Why: To view security-related recommendations for resources in the Compute and Apps area (including App Service Web Apps and Functions), you use Azure Advisor. Advisor surfaces personalized best-practice recommendations across resources, including security, and shows which resources are affected and the severity.

  • Why not the others:
- Azure Log Analytics is for ad-hoc querying of telemetry, not for viewing security recommendations. - Azure Event Hubs is for streaming telemetry data, not for security recommendations.
  • Quick tip: In the portal, navigate to Azure Advisor and check the Security recommendations for App Services to see actionable items and affe

D
Don
4/11/2026 5:36:42 AM

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4/8/2026 6:37:56 AM

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4/6/2026 5:22:54 PM

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LRK
3/22/2026 2:38:08 PM

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R
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3/19/2026 9:12:10 AM

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3/18/2026 6:58:37 AM

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V
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3/6/2026 5:26:16 AM

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1/20/2026 8:25:24 AM

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12/24/2025 10:39:07 AM

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12/17/2025 8:24:45 AM

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12/16/2025 9:57:10 AM

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11/29/2025 2:19:59 AM

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11/12/2025 12:16:21 PM

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10/21/2025 5:16:29 AM

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9/25/2025 9:11:14 AM

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9/21/2025 7:07:26 AM

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9/15/2025 11:21:52 PM

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9/2/2025 7:42:00 PM

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7/31/2025 11:44:40 PM

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OLERATO
7/1/2025 5:44:14 AM

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2/2/2024 6:42:12 PM

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2/2/2024 6:17:08 PM

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