CFA Level I Chartered Financial Analyst CFA I Dumps in PDF

Free CFA CFA I Real Questions (page: 7)

Standard IV of the Standards of Professional Conduct deals with Relationships with and Responsibilities to ________.

  1. None of these answers
  2. Clients and Prospects
  3. AIMR
  4. Supervisors
  5. the Employer

Answer(s): B

Explanation:

Standard IV of the Standards of Professional Conduct deals with Relationships with and Responsibilities to Clients and Prospects.



Each of the following is true regarding Standard II (A), except:

  1. You must be registered for the next CFA exam in order to call yourself a candidate.
  2. This standard relates to business cards and letterheads.
  3. This standard does not relate to oral statements.
  4. There is no designation for someone who has passed Level I, II, or III.
  5. All of these answers.
  6. Candidates may state that they have completed Level I, II, or III.

Answer(s): C

Explanation:

Standard II (A) relates to the responsibility of AIMR members and candidates to use their professional designation properly and in a non-misleading manner. A person must be registered to take the next scheduled CFA exam to be a "candidate" in the CFA program. There is no designation for someone who has passed Level I, II, or III of the CFA exam. Candidates may state, however, that they have completed Level I, II, or III.
The standard applies to all related explanations or descriptions of the CFA designation, including letterheads and business cards, resumes, directory listings, printed advertising, brochures and oral statements to clients and prospects.



Standard ________ pertains to fair dealing with customers and clients.

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

Answer(s): B

Explanation:

Standard IV (B.3) states: "Members shall deal fairly and objectively with all clients and prospects when disseminating investment recommendations, disseminating material changes in prior investment recommendations and taking investment action."



Social investments:

  1. should never be used in pension fund investing.
  2. in pensions must be well thought-out, making sure that such investments are legal and do not impair the integrity of the funds in questions or the financial security of the participants or beneficiaries.
  3. none of these answers.
  4. have yet to be used as an investment in pension funds in the U.S.
  5. are proper investment vehicles for pensions, since they are a "public good."

Answer(s): B

Explanation:

In a pension plan, the first and foremost duty of the fiduciary is to the plan participants and their beneficiaries rather than to the plan sponsor that has the power to hire and fire the investment manager. Consequently, if urged to make investments that might be of direct benefit to a sponsoring community or to the community at large, the manager must ensure that such investments are legal and do not impair the integrity of the funds in question or the financial security of the participants/beneficiaries.



Which of the following are considered basic characteristics of a security and must be included in research reports?

  1. business risk
  2. degree of uncertainty
  3. annual expected income
  4. yield-to-maturity
  5. all of these answers
  6. both degree of liquidity and yield-to-maturity
  7. expected annual rate of return

Answer(s): E

Explanation:

Members should include the following information in research reports:
- expected annual rate of return
- annual amount of income expected (current and future)
- current rate of income return of yield to maturity
- degree of uncertainty associated with cash flows
- degree of marketability/liquidity
- business, financial, political, sovereign and market risks



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

B
Bsmaind
8/20/2023 9:23:00 AM

nice practice dumps

K
kumar
11/15/2023 11:24:00 AM

nokia 4a0-114 dumps

V
Vetri
10/3/2023 12:59:00 AM

great content and wonderful to have the answers with explanation

R
Ranjith
8/21/2023 3:39:00 PM

for question #118, the answer is option c. the screen shot is showing the drop down, but the answer is marked incorrectly please update . thanks for sharing such nice questions.

E
Eduardo Ramírez
12/11/2023 9:55:00 PM

the correct answer for the question 29 is d.

D
Dass
11/2/2023 7:43:00 AM

question no 22: correct answers: bc, 1 per session 1 per page 1 per component always

R
Reddy
12/14/2023 2:42:00 AM

these are pretty useful

D
Daisy Delgado
1/9/2023 1:05:00 PM

awesome

A
Atif
6/13/2023 4:09:00 AM

yes please upload

X
Xunil
6/12/2023 3:04:00 PM

great job whoever put this together, for the greater good! thanks!

L
Lakshmi
10/2/2023 5:26:00 AM

just started to view all questions for the exam

R
rani
1/19/2024 11:52:00 AM

helpful material

G
Greg
11/16/2023 6:59:00 AM

hope for the best

H
hi
10/5/2023 4:00:00 AM

will post exam has finished

V
Vmotu
8/24/2023 11:14:00 AM

really correct and good analyze!

H
hicham
5/30/2023 8:57:00 AM

excellent thanks a lot

S
Suman C
7/7/2023 8:13:00 AM

will post once pass the cka exam

R
Ram
11/3/2023 5:10:00 AM

good content

N
Nagendra Pedipina
7/13/2023 2:12:00 AM

q:32 answer has to be option c

T
Tamer Barakat
12/7/2023 5:17:00 PM

nice questions

D
Daryl
8/1/2022 11:33:00 PM

i really like the support team in this website. they are fast in communication and very helpful.

C
Curtis Nakawaki
6/29/2023 9:13:00 PM

a good contemporary exam review

X
x-men
5/23/2023 1:02:00 AM

q23, its an array, isnt it? starts with [ and end with ]. its an array of objects, not object.

A
abuti
7/21/2023 6:24:00 PM

cool very helpfull

K
Krishneel
3/17/2023 10:34:00 AM

i just passed. this exam dumps is the same one from prepaway and examcollection. it has all the real test questions.

R
Regor
12/4/2023 2:01:00 PM

is this a valid prince2 practitioner dumps?

A
asl
9/14/2023 3:59:00 PM

all are relatable questions

S
Siyya
1/19/2024 8:30:00 PM

might help me to prepare for the exam

T
Ted
6/21/2023 11:11:00 PM

just paid and downlaod the 2 exams using the 50% sale discount. so far i was able to download the pdf and the test engine. all looks good.

P
Paul K
11/27/2023 2:28:00 AM

i think it should be a,c. option d goes against the principle of building anything custom unless there are no work arounds available

P
ph
6/16/2023 12:41:00 AM

very legible

S
sephs2001
7/31/2023 10:42:00 PM

is this exam accurate or helpful?

A
ash
7/11/2023 3:00:00 AM

please upload dump, i have exam in 2 days

S
Sneha
8/17/2023 6:29:00 PM

this is useful

AI Tutor 👋 I’m here to help!