Financial Institute CFA Level I Chartered Analyst® CFA Level 1 Dumps in PDF

Free Financial CFA Level 1 Real Questions (page: 88)

The AIMR-PPS recommend that both ________ and ________ risks be presented in conjunction with composite returns.

  1. absolute; unsystematic
  2. total; market
  3. external; internal
  4. unsystematic; systematic

Answer(s): B

Explanation:

Total risk relates to the variability of actual (absolute) returns not relative to the market. Market (systematic) risk relates to the volatility of returns relative to the market or some other benchmark.



Dayon Grimley has been working as a Tech Sector analyst with an advisory firm for the past 3 years. Recently, he read an analytical report by Sam Swetson about the trends and research developments in the computer chips industry. The report was an in-depth analysis of how the industry had developed, where it seemed to be headed and what impact the developments could have on the growth of the entire industry. In a footnote, Sam had speculated about a secret, ultra-fast chip rumored to be under development by Chipcorn, Inc. Dayon decided to pursue this line of research and called up a highly placed official at Chipcorn. While the official did not confirm or deny the existence of the ultra-fast chip, he did reveal enough for Dayon to conclude that the development was, in fact, in the final stages and the chip could be out in the market in as little as 3 months. He quickly modified Sam's report, with a separate section on the super-chip and recommended that his clients increase the weighting on tech stocks by 20%. The report made no mention about his interview with Chipcorn official nor Sam Swetson's report. Dayon has:

  1. violated Standard II (C) - Prohibition against Plagiarism.
    II. violated Standard II (B) - Professional Misconduct.
    III. violated Standard IV (1) - Reasonable Basis & Representations.
    IV. violated Standard V (A) - Prohibition against Use of Material Nonpublic Information.
  2. II and IV only
  3. II and IV only
  4. I and IV only
  5. I and III only

Answer(s): C

Explanation:

By not properly acknowledging Sam's report, Dayon violated Standard II (C) - Prohibition against Plagiarism.
Also, since the information about the super-chip was non-public and obviously material, Dayon violated Standard V (A) - Prohibition against Use of Material Nonpublic Information.



Standard V (B) deals with ________.

  1. None of these answers
  2. Priority of Transactions
  3. Preservation of Confidentiality
  4. Performance Presentation
  5. Prohibition against Use of Material Nonpublic Information
  6. Disclosure of Conflicts to Clients and Prospects
  7. Prohibition against Misrepresentation
  8. Disclosure of Referral Fees

Answer(s): D

Explanation:

Standard V (B) - Performance Presentation - states that members shall not make any statements that misrepresent the investment performance that they or their firm have accomplished or can expect to achieve.



Standard III (E) - Responsibilities of Supervisors points out that when violations do occur, ________ procedures may be inadequate.

  1. compliance
  2. none of these answers
  3. legal
  4. fiduciary duty

Answer(s): A

Explanation:

If a member has adopted reasonable procedures and taken steps to institute an effective compliance program, then the member may not be in violation of Standard III (E). The fact that violations do occur may indicate, however, that the compliance procedures are inadequate. Furthermore, a member may be in violation of Standard III (E) if he or she knows that the procedures designed to detect and prevent violations are not being followed.



In a pension plan, the duty of a fiduciary is to the ________.

  1. Board of Directors
  2. none of these answers
  3. plan sponsor
  4. immediate supervisor
  5. plan participants and their beneficiaries

Answer(s): E

Explanation:

In a pension plan, the 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. 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.



Share your comments for Financial CFA Level 1 exam with other users:

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

good questions

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

good content

A
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.

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

kindly upload the dumps

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

still learning

G
gure
7/26/2023 5:10:00 PM

excellent way to learn

C
ciken
8/24/2023 2:55:00 PM

help so much

B
Biswa
11/20/2023 9:28:00 AM

understand sql col.

S
Saint Pierre
10/24/2023 6:21:00 AM

i would give 5 stars to this website as i studied for az-800 exam from here. it has all the relevant material available for preparation. i got 890/1000 on the test.

R
Rose
7/24/2023 2:16:00 PM

this is nice.

A
anon
10/15/2023 12:21:00 PM

q55- the ridac workflow can be modified using flow designer, correct answer is d not a

N
NanoTek3
6/13/2022 10:44:00 PM

by far this is the most accurate exam dumps i have ever purchased. all questions are in the exam. i saw almost 90% of the questions word by word.

E
eriy
11/9/2023 5:12:00 AM

i cleared the az-104 exam by scoring 930/1000 on the exam. it was all possible due to this platform as it provides premium quality service. thank you!

M
Muhammad Rawish Siddiqui
12/8/2023 8:12:00 PM

question # 232: accessibility, privacy, and innovation are not data quality dimensions.

V
Venkat
12/27/2023 9:04:00 AM

looks wrong answer for 443 question, please check and update

V
Varun
10/29/2023 9:11:00 PM

great question

D
Doc
10/29/2023 9:36:00 PM

question: a user wants to start a recruiting posting job posting. what must occur before the posting process can begin? 3 ans: comment- option e is incorrect reason: as part of enablement steps, sap recommends that to be able to post jobs to a job board, a user need to have the correct permission and secondly, be associated with one posting profile at minimum

I
It‘s not A
9/17/2023 5:31:00 PM

answer to question 72 is d [sys_user_role]

I
indira m
8/14/2023 12:15:00 PM

please provide the pdf

R
ribrahim
8/1/2023 6:05:00 AM

hey guys, just to let you all know that i cleared my 312-38 today within 1 hr with 100 questions and passed. thank you so much brain-dumps.net all the questions that ive studied in this dump came out exactly the same word for word "verbatim". you rock brain-dumps.net!!! section name total score gained score network perimeter protection 16 11 incident response 10 8 enterprise virtual, cloud, and wireless network protection 12 8 application and data protection 13 10 network défense management 10 9 endpoint protection 15 12 incident d

A
Andrew
8/23/2023 6:02:00 PM

very helpful

L
latha
9/7/2023 8:14:00 AM

useful questions

I
ibrahim
11/9/2023 7:57:00 AM

page :20 https://exam-dumps.com/snowflake/free-cof-c02-braindumps.html?p=20#collapse_453 q 74: true or false: pipes can be suspended and resumed. true. desc.: pausing or resuming pipes in addition to the pipe owner, a role that has the following minimum permissions can pause or resume the pipe https://docs.snowflake.com/en/user-guide/data-load-snowpipe-intro

F
Franklin Allagoa
7/5/2023 5:16:00 AM

i want hcia exam dumps

S
SSA
12/24/2023 1:18:00 PM

good training

B
BK
8/11/2023 12:23:00 PM

very useful

D
Deepika Narayanan
7/13/2023 11:05:00 PM

yes need this exam dumps

B
Blessious Phiri
8/15/2023 3:31:00 PM

these questions are a great eye opener

J
Jagdesh
9/8/2023 8:17:00 AM

thank you for providing these questions and answers. they helped me pass my exam. you guys are great.

T
TS
7/18/2023 3:32:00 PM

good knowledge

AI Tutor 👋 I’m here to help!